Money Marketing
11 July 2007
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Seven cuts ties with Killik
12 Jul 2007
Seven Investment Management has set up as an independent firm, severing its long-term ties with stockbroker Killik. The wrap and fund manager has signed up Aegon and Zurich as minority shareholders and is looking for further institutional investment.
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100% effort from the Mortgage Works
16 Jul 2007
The Mortgage WorksTwo-Year Fixed 100% Mortgage
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24-Hour Partick people...
12 Jul 2007
Resolution Asset Management is sponsoring Partick Thistle FC in a three-year deal to June 2010. Resolution’s logo will adorn both home and away kits (sadly, not kilts at this stage) and supporting merchandise.
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A shaw thing
12 Jul 2007
Sam Shaw is a reporter on Money Marketing
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Abbey adds free legals and valuations mortgages to permanent range
11 Jul 2007
Abbey has added a new product Premier Homebuyer Solution to its mortgage range.
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Absolute return funds retreat behind cash
12 Jul 2007
No absolute return fund rated by Standard & Poor's met its investment objective over the last year.
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Accountant's commission dressed up as fees
12 Jul 2007
I recently attended a presentation by a local firm of accountants here in Bristol who specialise in tax-saving strategies for companies.
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Advisers attack Skandia/Selestia decision to cut trail
12 Jul 2007
Advisers have slammed Skandia/Selestia’s decision to cut trail commission on certain funds following the merger of the two platforms.
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Aegon swoops to recruit Morley property trio
12 Jul 2007
Aegon Asset Management has recruited three senior property fund managers from Morley, including £4.2bn Norwich property trust stalwart Gerardine Davies.
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After all this talk of innovation, finally there is a bit going on
17 Jul 2007
LV= is developing a simplified income protection product which it plans to launch by the end of the year. The product borrows elements from payment protection insurance, such as its simplicity and speedy processing, and is specifically targeted at mortgage advisers.
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AIC elects first female chairman
17 Jul 2007
The Board of the Association of Investment Companies has elected Carol Ferguson to replace Hamish Buchan as the firms next chairman from 11 December 2007.
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Aifa issues RDR consumer warning
13 Jul 2007
Aifa director general Chris Cummings has warned the FSA against reducing the accessibility and affordability of quality financial advice through the Retail Distribution Review.
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Alan Brown
12 Jul 2007
Schroders' environmentally aware chief investment officer has swapped his Porsche for a hybrid car and a horse and carriage. Here, he tells Chris Salih how he has incorporated his scientific interests in his fund management career and is now helping to promote a greener outlook by launching one of the investment industry's first climate change funds.
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Altmann accuses the ABI of misleading MPs
16 Jul 2007
High profile pensions consultant Ros Altmann has attacked the ABI suggesting it is misleading MPs over the unclaimed assets amendments to the Pensions Bill that returns to the Commons this week.
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Altmann makes last ditch appeal to Labour MPs
17 Jul 2007
Pensions consultant Ros Altmann is urging Labour MPs to vote with their consciences today for the cross party amendments to the Pensions Bill that offer more help to the victims of occupational scheme collapses.
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Arc makes the headlines
16 Jul 2007
Arc Capital & IncomeArc Fixed Income Plan
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Atlantis Investment Management - China Healthcare Fund
16 Jul 2007
Atlantis Investment Management China Healthcare Fund
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Bank of England axe DB for new staff
12 Jul 2007
The Bank of England is to scrap its final-salary pension for all new staff for a scheme based on average salary in a bid to plug a £300m pension deficit.
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BDO Stoy Hayward targets residential propety
16 Jul 2007
BDO Stoy Hayward Investment Management is to enter the central London property scene with the launch of the Hyde Park fund.
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Bee challenges new ministers over personal account opt-outs
12 Jul 2007
Pension guru Steve Bee is calling on the new pensions ministers to reveal how the Government will help the millions of people who opt out of personal accounts.
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Ben will never...
12 Jul 2007
Royal London IFA market manager and staunch Liverpool FC supporter Andy Milburn had a moment of wryness when his son Ben was being scouted for Liverpool’s under-eights team.
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Blue is the colour
12 Jul 2007
Why larger companies look set to deliver goals for investors this year.
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BM Solutions hits out at RBSIP and says it lags behind
11 Jul 2007
BM Solutions has hit out at Royal Bank of Scotland Intermediary Partner’s recent announcement that it will now accept internet bank statements as proof of applicants’ income.
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Bricks and slaughter
12 Jul 2007
Commercial property Philip Scott says the walls are starting to fall in on UK commercial property, with many funds losing money this year and investors facing negative returns after being drawn to the sector by the spectacular returns of recent years.
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Broker Talkback
12 Jul 2007
Do you agree with the FSA that firms would rather pay out following complaints than take steps to stop misselling?
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Brown puts housing at top of agenda with plans to increase new homes from 200,000 to 240,000
11 Jul 2007
Gordon Brown announced to Parliament today that Alistair Darling will start to consult on creating a new regime for covered bonds which will help mortgage lenders finance more affordable 20 to 25 year fixed rate mortgages.
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Brown Shipley - Aim Portfolio Service
17 Jul 2007
Brown ShipleyAim Portfolio Service
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Buckles has Faif in the future
12 Jul 2007
Buckles is preparing to expand its Snowdonia multi-manager range by adding a fund of alternative investment funds in the next six months, subject to the FSA introducing Faifs into the regulatory regime.
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C&G axes closing administration charge
13 Jul 2007
Cheltenham and Gloucester has announced it will no longer apply its £225 closing administration charge on new lending.
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Capital punishment
12 Jul 2007
Money Marketing editor John Lappin considers new FSA proposals for capital adequacy.
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Chapter closes in Millfield story
12 Jul 2007
As Millfield rebrands under the Bates name, The Money Portal's Alan Easter tells Sam Shaw about the difficult decisions involved in administrating the business and how TMP has worked to reassure advisers and bring about improvements.
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Cheltenham & Gloucester - 100% Two Year Tracker
16 Jul 2007
Cheltenham & Gloucester100% Two Year Tracker
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CHL Mortgages launches commercial lending arm
16 Jul 2007
CHL Mortgages has launched a commercial lending division.
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Cofunds predicts re-reg in 2008
12 Jul 2007
Re-registration of assets between platforms will become commonplace in the second half of 2008, claims Cofunds.
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Commercial mortgage online packager launches
17 Jul 2007
Financial packager Brokermart.co.uk is launching a dedicated commercial mortgage subsidiary, Commercialmart.co.uk.
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Commons may reject amendment on NI
12 Jul 2007
The House of Lords has voted through an amendment to the Pensions Bill relating to National Insurance contributions which will particularly benefit women.
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Complaints against FSA take downturn
12 Jul 2007
The Office of the Complaints Commissioner received 108 complaints regarding the FSA between April 2006 and March 2007.
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Consolidation's what it means
13 Jul 2007
Consolidation seems to be the key word being bandied around the distribution world at the moment.
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Credit where it's due
12 Jul 2007
I will develop my theme of pension-sharing orders in divorce settlements by confirming a couple of basic principles.
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Darling and his 25-year fix
13 Jul 2007
The mortgage industry has been the focus of Government attention this week creating a very mixed response indeed from brokers and lenders. Tuesday saw newly appointed Chancellor Alistair Darling take his first stab at making his mark on the mortgage world with plans to boost the supply of long-term fixes for periods of up to 25 years.
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Debt firm gives broker fees on IVAs
12 Jul 2007
A debt servicing company is offering mortgage brokers a fee on IVAs for their clients.
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Dogged determination
12 Jul 2007
At the recent retail distribution review conference, I bumped into fellow columnist Robert Reid. With so much going on, it was nice to catch up.
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Don't take claim blame
12 Jul 2007
Advisers should avoid having to deal with underwriting issues.
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Double tax fears on offshore accounts
12 Jul 2007
Offshore account holders may be taxed twice, even if they came clean under HM Revenue & Customs' tax amnesty which ended on June 22.
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Enhanced approach from Invesco Perpetual
16 Jul 2007
Invesco PerpetualUS Equity Benchmark Plus Fund
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Ex-banker Sants’ appointment appropriate considering RDR implications, says Bamford
13 Jul 2007
Hector Sants’ appointment as the new FSA chief executive fits with the fact the regulator is about to hand the majority of the financial services sector to the banks, says Nick Bamford.
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Fees are not always hit by VAT
12 Jul 2007
I have some sympathy for Douglas Baillie, whose letter raised serious concerns over the implications of a wholesale transition to solely fee-remunerated advice. In particular, he expressed an opinion that clients would be faced with additional costs due to the addition of VAT on fees.
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Fidelity launches EMEA fund
16 Jul 2007
Fidelity is to target developing nations across three continents with the launch of an emerging Europe, middle East and Africa fund.
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Financials time
12 Jul 2007
If you were making a list of the most successful fund managers during the past 10 years, then Philip Gibbs' name would be near the top.
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Four out of five DB schemes closed to new members
11 Jul 2007
Four out of five defined benefit pension schemes are closed to new entrants according to a survey by the Association of Consulting Actuaries.
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Friends Prov to pay out on unrelated non-disclosure
12 Jul 2007
Friends Provident announced today it will pay out a proportion of critical illness claims which would otherwise have been turned down due to unrelated non-disclosure.
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Friends Provident adds Morley and New Star international property funds
13 Jul 2007
Friends Provident is adding international property funds from Morley and New Star to its wealth management proposition fund range.
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FSA announces changes to PPI internet sales
12 Jul 2007
The FSA says major providers have agreed to change the way they sell payment protection insurance over the internet after the regulator took action against them.
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FSA damns sub-prime despite low complaints
12 Jul 2007
AMI and mortgage brokers are concerned over regulator portraying doom and gloom.
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FSA plans 'flawed' for capital levels and PI
12 Jul 2007
Advisers, professional indemnity brokers, insurers and compliance consultants have lined up to attack the FSA’s capital adequacy and professional indemnity plans, branding them flawed, contradictory and unworkable.
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FSA provider/distributor guide highlights responsibilities and areas of concern
16 Jul 2007
The FSA has published its guidance on provider/distributor responsibilities suggesting more work is needed when providing literature to distributors, identifying target markets, stress testing products and having adequate systems and controls.
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FSA puzzled as Darling attacks short-term fixes
12 Jul 2007
The FSA has distanced itself from Chancellor Alistair Darling's attack on mortgage brokers in which he claimed the regulator had identified product bias for short-term fixed mortgages as a problem.
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FSA questions whether whole of market/independence voices have thought “deeply enough”
12 Jul 2007
The FSA has questioned whether the majority of responses to the retail distribution review that want independent to mean whole of market have thought “deeply enough” about the issue.
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FSA warns GFA category may be temporary unless it gets its way on cap ad and PI
12 Jul 2007
The FSA has warned the General Financial Adviser category may only be temporary unless the regulator’s views on capital adequacy and PI and its link to misselling are accepted by the industry.
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FSA: Primary advice “greenest of the green” proposals
12 Jul 2007
The FSA says its Retail Distribution Review (RDR) proposals for primary advice are amongst the “greenest of the green” proposals in the paper.
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FSCS pays out £150m in 2006/07
17 Jul 2007
The Financial Services Compensation Scheme paid nearly £150m in compensation during 2006-2007.
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FTBs need to save for 11 months longer than in 2005
16 Jul 2007
First-time buyers need to save for 11 months longer than last year to be able to afford the deposit and fees.
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Gold fingers
12 Jul 2007
I am a great admirer of Smith & Williamson, the wealth management company which has a number of highly successful investment funds.
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Guilty verdict from actuaries on ex-Equitable chief Thomson
12 Jul 2007
Equitable Life chief executive Charles Thomson has been reprimanded by the Faculty of Actuaries and found guilty of bringing the industry into disrepute for writing his own character reference from a former employer.
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Handle with care
12 Jul 2007
The RDR debate risks causing more harm to the reputation of our industry Jo Smith.
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Heartwood Wealth Management launches new equity income fund
12 Jul 2007
Heartwood Wealth Management has launched a new equity income fund of funds and has revised its income model.
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History lesson
12 Jul 2007
Commentators are questioning the timing of Axa Framlington's decision to reopen its £1.1bn equity income fund. By Chris Salih.
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Hitchen leaves Assureweb
12 Jul 2007
Assureweb chief operating officer Paul Hitchen has left the firm after just three months.
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HMRC plans could reduce adviser IHT compliance burden by 75 per cent
13 Jul 2007
HM Revenue & Customs has announced radical plans to raise the threshold for reporting chargeable lifetime transfers which Skandia predicts could reduce adviser IHT compliance burden by 75 per cent.
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HMRC urges employers to check their pension administrator
11 Jul 2007
HM Revenue & Customs is urging employers and individuals who have set up their own pension scheme to check who their pension scheme administrator is, and make sure they are aware of their responsibilities.
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Home of Choice and Network Data lock horns over network figures
12 Jul 2007
Home of Choice has lashed out at rival Network Data claiming its market commentaries are doing the industry a disservice and suggesting it should focus on the number of people leaving its network.
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Hop to it...
12 Jul 2007
Lutine staff raised £905 when they took part in the Race for Life at Sandwell Valley in aid of Cancer Research UK. Participants in the event were Emma, Aujas, Lorraine, Sally, Helen, Amanda and Dawn.
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HSBC urging multi-asset approach to diversification
12 Jul 2007
The HSBC Investments multi-manager team is urging advisers to use global multi-asset funds to diversify portfolios that are biased towards the UK.
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Iimia won't make a dash into cash
12 Jul 2007
Iimia says returns from cash are at the highest level for seven years but it is unlikely to increase its weightings because its multi-manager portfolios have cash benchmarks.
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IMA chief warns of primary peril if banks dominate distribution
12 Jul 2007
Investment Management Association chief executive Dick Saunders warns that the FSA's primary advice proposals could lead to the introduction of the European model where banks dominate distribution.
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Industry scores low in ethical survey
12 Jul 2007
The financial services industry is seen by consumers as being less ethical than the travel, clothing and food businesses.
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Intelliflo appoints sales and marketing manager
13 Jul 2007
IntelliFlo has appointed Wenda Field as sales and marketing manager. Field joins IntelliFlo from Synaptic Systems where she managed the company’s customer facing teams including internal and external sales, marketing and customer support.
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Into africa
12 Jul 2007
Emerging markets Will Henley says growing political stability may increase interest in Africa as an investment opportunity.
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iShares explores Italy
16 Jul 2007
Barclays global investors has added three more iShares to its range of exchange-traded funds, including the iShares S&P/MIB.
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John Castagno joins Cardif Pinnacle
16 Jul 2007
John Castagno has joined Cardif Pinnacle as new product development and marketing director.
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JPM academy aims to give insightful training to IFAs
12 Jul 2007
JP Morgan Asset Management has started a training academy designed to improve professional business standards across the industry.
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Kent Reliance's Lazenby backs Darling
11 Jul 2007
Kent Reliance Building Society has welcomed government plans to promote 25-year fixed rate mortgages and claims that brokers have previously been reluctant to sell fixed rate mortgage terms of even five or ten years.Self-proclaimed maverick Chief Executive Mike Lazenby says he understands newly appointed chancellor Alistair Darling’s concern and is prepared for the government to release proposals to force through long-term fixed rate mortgages. Lazenby says: “Some brokers prefer to ...
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L&G Investment Management warns of market turbulence ahead
12 Jul 2007
Government bond yields have risen above the long-run rate of return for the first time since 1999 suggesting market turbulence ahead, says Legal & General Investment Management.
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Law Commission proposes five-year non-contestability period
17 Jul 2007
The Law Commission has proposed introducing a five-year non-contestability period in its Insurance Law consultation paper, launched today.
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Lenders play down risks of 100%-plus mortgages
12 Jul 2007
Lenders are talking down concerns about the 100 per cent-plus mortgage market, claiming the risks on these products are often less than on lower loan-to-value deals.
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LibDems call for radical income tax cut and closure of IHT “loopholes”
13 Jul 2007
Radical tax plans to cut the basic rate of income tax to 14p, its lowest level since 1916, have been unveiled by the Liberal Democrats.
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Life office in pledge to fight FSA on unbundling
12 Jul 2007
Standard Life will fight any calls from the FSA for fund supermarkets and wraps to unbundle their charges.
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Lifesearch opposes ABI plan for light-touch term regime
12 Jul 2007
Lifesearch has attacked the Association of British Insurers' calls for lighter regulation of life insurance, claiming the move would trigger further falls in critical-illness cover and income protection sales.
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Long term care "the product of the future" says Dr Barnard
12 Jul 2007
Dr Marius Barnard has pressed the protection industry to "resurge" long term care, claiming "it is the product of the future".
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Look at the evidence
12 Jul 2007
The RDR proposals ignore the realities of the market.
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LV= learns from simplicity of PPI as it redesigns IP
12 Jul 2007
LV= plans to bring in a simplified income protection product by the end of the year which borrows elements from payment protection insurance and is targeted specifically at mortgage advisers.
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LV= updates critical illness rates
13 Jul 2007
LV= has announced rate changes for its critical illness premiums, with some being reduced by 30 per cent.
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Lyxor Asset Management - Lyxor ETF Commodities CRB
17 Jul 2007
Lyxor Asset ManagementLyxor ETF Commodities CRB
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Lyxor Asset Management - Lyxor ETF Commodities CRB Non-Energy
17 Jul 2007
Lyxor Asset ManagementLyxor ETF Commodities CRB Non-Energy
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Making switch has paid off
12 Jul 2007
Pearson Jones was an early entrant into the platform world, electing for the Cofunds' model. The decision was based on platform availability at the time and our perception of its independence from one single fund management group. Clearly, its slant to Legal & General has made this latter point less significant.
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Matthews stands as CII candidate
12 Jul 2007
Standard Life chief executive Trevor Matthews is to stand as a candidate for deputy president of the Chartered Insurance Institute at its annual general meeting this month.
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McPhail defends execution-only Sipps
12 Jul 2007
Hargreaves Lansdown head of pensions research Tom McPhail has hit back at claims from commentators, including Money Marketing columnist Nic Cicutti, that consumers could end up misbuying Sipps on an execution-only basis.
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Meteor Asset Management - Prima Growth Plan 2 - euro version
16 Jul 2007
Meteor Asset ManagementPrima Growth Plan 2 - euro version
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Minister Jones attacks UK regulatory culture
17 Jul 2007
New Government minister Lord Digby Jones has hit out at the “nightmare of regulation” affecting businesses in the UK.
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Mitchell takes on RoyLon spec sits
12 Jul 2007
Derek Mitchell is to take over management of the Royal London UK special situations trust. He joins from Rutherglen Capital where he ran a global media fund for the past nine months and he previously spent 20 years at F&C.
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Money Partners adds to Kensington Group's bad forecast
12 Jul 2007
Kensington Group has announced its first half results with news that Money Partners was loss-making with completions down 29 per cent compared to the same period in 2006.
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Morningstar backs Fidelity Special Sits to outpeform
17 Jul 2007
Morningstar has given Sanjeev Shah a significantly above average chance of outperforming the market in its first major review of the Fidelity Special Situations fund.
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Mortgage income multiples at all-time record
12 Jul 2007
Affordability for homebuyers is expected to worsen dramatically over the coming months, with income multiples hitting an all-time high in May.
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Mortgage links bring instant access
12 Jul 2007
Db mortgages has set up links with Sesame, Home of Choice and Mortgage Next to offer access to instant online KFIs, Dips, online application and case tracking.
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Nationwide relaunches 25 year fixed rate mortgage
12 Jul 2007
Nationwide Building Society has reintroduced its 25 year fixed rate mortgage at a rate of 6.39 per cent.
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Natwest International - Quartet Guaranteed Stockmarket Bond 5
16 Jul 2007
Natwest InternationalQuartet Guaranteed Stockmarket Bond 5
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New Star and Norwich Union reduce value of property fund units
11 Jul 2007
New Star and Norwich Union, the managers of the two largest onshore retail property funds, have become the latest groups to reduce the value of their units.Investors in Norwich Union’s £4.4bn property and New Star’s £2bn property unit trusts will see the value of their investments cut from today if they want to sell out.NU is understood to have slashed unit prices by around 4.7 per cent and New Star by around 3.9 per cent in a bid to try and stem the rising tide of inflows as nervy ...
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New Star and Norwich Union reduce value of property fund units
11 Jul 2007
New Star and Norwich Union, the managers of the two largest onshore retail property funds, are the latest groups to change the pricing of their flagship funds, reducing the value of their units for investors looking to sell out.
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New Star makeover for Tilney fund trio
12 Jul 2007
New Star has completed the transfer and rebranding of the Tilney European growth fund to launch the New Star European value fund.
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Nice work if you can get it
12 Jul 2007
Gordon Brown should make a principled stand on public sector pensions.
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NU brand may be axed
16 Jul 2007
Aviva’s new chief executive Andrew Moss is understood to be considering axing the Norwich Union brand altogether in favour of simply using the Aviva branding in the UK.
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NU supports Friends Prov's move to pay on unrelated non-disclosure
16 Jul 2007
Norwich Union supports Friends Provident's move to pay out a proportion of all claims that may otherwise have been turned down due to unrelated non-disclosure.
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Numbers game
12 Jul 2007
Recent regulations requiring portfolio managers to quote the total expense ratio of their funds are intended to help investors make an informed decision. Unfortunately, a number of popular misconceptions are effectively undermining the best intentions.
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Octopus swims smaller company waters
16 Jul 2007
Smaller companies specialist Octopus Investments has introduced the CF Octopus opportunities fund, an Oeic that invests in smaller UK companies using the non-Ucits retail scheme structure.
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Panel attacks shadow shopping by regulator
12 Jul 2007
The FSA's Smaller Businesses Practitioner Panel has attacked the FSA's use of mystery shopping, questioning whether shoppers ask the right questions and criticising covert recording of advice conversations.
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Pension priorities
12 Jul 2007
With a new ministerial team at the Department for Work and Pensions, Will Henley and Kate Baier ask five leading figures in the pension sector what they should be doing.
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Pink Home Loans tie-up with IFAC
12 Jul 2007
Pink Home Loans has announced it will be taking over the management of IFA Consortium’s mortgage club.
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Platform adds four onsite underwriting staff
17 Jul 2007
Platform has appointed four new onsite underwriting staff to work across three of its packager partners.
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Poll reveals 90% say RDR won't bring better advice
12 Jul 2007
Nine out of 10 advisers believe the FSA's retail distribution review will not result in better advice in the market, according to a Fidelity survey.
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Price worth paying
12 Jul 2007
I was out for a drink with John Lappin, esteemed editor of this paper, and the discussion turned inevitably to the retail distribution review. We were trying to work out what impact the RDR would have on IFAs across the UK.
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Property funds slap on exit fees
12 Jul 2007
Firms bring in charges to slow down investors' exodus.
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Protection Review says trust key to growth
13 Jul 2007
Rebuilding trust with both consumers and intermediaries and boosting the reputation of insurance are some of the protection industry's main concerns according to the Protection Review 2007 report.
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Pru advocate in pension dispute
12 Jul 2007
Prudential's nominated policyholder advocate Peter Bloxham is in a legal dispute with former employer, law firm Freshfields Bruckhaus Deringer. He accuses Freshfields of age discrimination as a result of pension scheme changes.
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Resolution recruits Fidelity's Fof team
12 Jul 2007
Resolution Asset Management has recruited three members of Fidelity's multi-manager team and hopes to launch a fifth boutique by the end of the year, with UK equity income boutique at the top of the wish-list.
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Row over FSA's cash for misselling accusation
12 Jul 2007
The FSA has accused some adviser firms of holding more capital resources than required to allow them to meet misselling claims as a planned business expense.
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Sants assumes control
16 Jul 2007
Hector Sants was last week unveiled as the new FSA chief executive taking over at a time when a dramatic overhaul of the retail financial services landscape is top priority.
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Sants to replace Tiner as chief executive of FSA
13 Jul 2007
FSA managing director Hector Sants is to replace John Tiner as chief executive of the regulator.
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Schroders reopens Japan alpha plus
16 Jul 2007
Schroders has reopened its Japan alpha plus fund to new investors for the first time since soft closing the fund in 2004 to protect existing investors.
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Scot prov now accepts Icob business past age 70
16 Jul 2007
Scottish Provident has announced it will now accept term protection business maturing after age 70 and scoping more than 10 years from both Cob and Icob authorised intermediaries.
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Shake, rattle and roll-up
12 Jul 2007
How will disposals under non-distributor funds be treated for tax purposes?
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Shoddy state of flood defences shocks insurers
12 Jul 2007
Insurance companies say the revelation that just over half of Britain's flood defence systems are in good condition could result in hundreds of thousands of households not being offered cover in future.
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Societe Generale Asset Management - SGAM AL Equity Fund: Highbridge Statistically Enhanced Equity Portfolio US
17 Jul 2007
Societe Generale Asset ManagementSGAM AL Equity Fund: Highbridge Statistically Enhanced Equity Portfolio US
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Societe Generale Asset Management - SGAM AL Equity Fund: Renisance Institutional Equity
17 Jul 2007
Societe Generale Asset ManagementSGAM AL Equity Fund: Caxton Equity
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Societe Generale Asset Management - SGAM AL Equity Fund: Renisance Institutional Equity
17 Jul 2007
Societe Generale Asset ManagementSGAM AL Equity Fund: Caxton Equity
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Societe Generale Asset Management - SGAM AL Equity Fund: Renisance Institutional Equity
17 Jul 2007
Societe Generale Asset ManagementSGAM AL Equity Fund: SGAM AL Equity Fund: Renisance Institutional Equity
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Something to shout about
12 Jul 2007
If we could somehow shout this from the pages of Money Marketing, we would. If you wish to continue doing business in any way that you recognise without major regulatory intervention which risks putting you out of business, you need to respond to the FSA discussion papers on the retail distribution review and capital adequacy.
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SSASs set for IHT reprieve
12 Jul 2007
Pensions guru John Lawson says proposals for 82% tax are still missing from Finance Bill as it nears Royal Assent.
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Standard slammed over demanding core fund discount
12 Jul 2007
Standard Life Wrap has been attacked for including funds in its core range only if the asset managers discount the charges.
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Standard welcomes changes to IHT rules
16 Jul 2007
Standard Life has welcomed the start of HM Revenue & Customs' consultation on new rules to simplify inheritance tax reporting requirements.
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Storm clouds
12 Jul 2007
Sometimes, it pays to have a short memory. Last year we were told global warming would require us to change our habits, that long hot dry summers were here to stay and we might even be able to do away with our brollies.
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SWIP targets continental Europe
13 Jul 2007
Scottish Widows Investment Partnership (SWIP) is to target the continental European market with the launch of a Luxembourg based Sicav.
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Taming the bear
12 Jul 2007
Our panel of experts remain largely optimistic despite predictions of a significant market correction, plus: what would further interest rate rises mean for bond markets and will the European Court's decision on VAT for investment trusts make them more attractive to investors??
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The balance of power
12 Jul 2007
I have been told that I need a valid will and should consider a power of attorney. Can you explain how this works?
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The Mortgage Works - Self-Cert Two Year BBR Tracker
17 Jul 2007
The Mortgage WorksSelf-Cert Two Year BBR Tracker
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The Mortgage Works - Two-Year Fixed Buy To Let
17 Jul 2007
The Mortgage WorksTwo Year Fixed Buy To Let
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The Mortgage Works - Two-Year Fixed 100% Mortgage
16 Jul 2007
The Mortgage WorksTwo-Year Fixed 100% Mortgage
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The not so simple life
12 Jul 2007
Battling with the complexities of pensions and baffling investment choices.
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Thinc chief calls for platform transparency
12 Jul 2007
Thinc Group chief executive Simon Chamberlain is demanding greater transparency from platform providers about why they are launching into the market.
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Thinc Group appoints new mortgage manager
13 Jul 2007
Thinc Group has appointed Roger Crocker as mortgage and general insurance proposition manager, starting July 2.
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Threadneedle Investments - Threadneedle Global Equity Fund
17 Jul 2007
Threadneedle InvestmentsThreadneedle Global Equity Fund
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Today's blog is brought to you by the letter "S"
13 Jul 2007
It looks as if small self-administered schemes could survive the crackdown on inheritance tax avoidance in pensions due to a loophole in the Finance Bill 2007.
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Towry hails property penalty call
11 Jul 2007
Towry Law has defended the recent decisions by a number of firms to introduce penalties for investors selling out of property funds, claiming that it will protect the interest of those who are involved in the long-term.
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Towry to take over MLP UK advisers
11 Jul 2007
Towry Law is taking over UK activities of MLP Private Finance Plc.
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Tracker rates now cheaper than fixes
12 Jul 2007
Tracker deals are better value than fixed-rate mortgages following the Bank of England's decision to raise interest rates to the highest level in six years, say mortgage experts.
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Transfer market opens once more
12 Jul 2007
It seems that football does not have monopoly on transfer talk in the summer months as once again the fund manager merry-go round has kicked in earnest with both Resolution and Aegon hiring fund of funds and property teams, respectively.
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Use facts to fight sinister plans
12 Jul 2007
Informed Choice managing director Nick Bamford makes a plea for all advisers to respond to the RDR.
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VAT depends of nature of the service
12 Jul 2007
Douglas Baillie (Money Marketing letters, June 28) needs to review the rules for VAT charging.
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Waller says fund firms' co-operation needed for re-registration to succeed
12 Jul 2007
Fund companies must co-operate more closely to help with platform-to-platform re-registration, says CWC director Clive Waller.
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'Where are the numbers?'
12 Jul 2007
The FSA has been criticised by advisers for not including figures in its discussion paper on capital adequacy while suggesting that big increases in requirements may be necessary.
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Where will distribution review leave the public?
12 Jul 2007
The early return of a polarised world in financial services is to be welcomed, at least by the chartered and certified financial planners under the proposed top tier of professional financial planners.
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Why has tide turned for Luckraft's fund?
12 Jul 2007
More than two years after Axa Framlington soft-closed George Luckraft's £1.1bn equity income fund, it seems to have finally acknowledged that perhaps it missed a trick.
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Woolwich joins mform.co.uk
16 Jul 2007
Online mortgage company mform.co.uk has added Barclays' Woolwich mortgage brands to its range of products.
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Yielding to the inevitable
12 Jul 2007
Investors in property, equity income and fixed-interest funds are finally going to have an easier time telling the difference between the income levels of the funds on offer. A number of different industry initiatives are coming together in the next few months that could lead to greater transparency and understanding of income distributions by funds and in some cases may also lead to greater payouts.
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Zurich in move to factory gate pricing on pensions
12 Jul 2007
Zurich is introducing factory gate pricing across its pension range in response to growing adviser demand.
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Zurich launches IHT planning tool for advisers
16 Jul 2007
Zurich has developed a financial planning tool aimed at helping advisers address their clients’ inheritance tax planning needs.
