12 July 2006
As FSA prepares probe, CML reveals 60,900 first-time buyers have not organised capital repayment
Conducted in the right way, telemedical interviews can help reduce non-disclosure.
A generation or so ago, I was involved in the renaming of the private client investment boutique for which I worked. We came up with: "XYZ Financial Management". OK, I made up the XYZ bit, but financial managers was what we considered ourselves to be. This was based on the fact that we offered more than just portfolio management. Overall, financial planning advice was crucial, if investments were to be appropriately chosen.
Dalton Strategic Partnership has established the Melchior UK opportunities fund, an Oeic investing in a concentrated portfolio of UK companies involved in special situations.
Morgan Stanley Investment Management’s US systematic equity fund is the latest US equity fund to be added to the company’s Luxemburg-based Sicav range.
Scottish Widows Investment PartnershipMulti-Manager Global Real Estate Securities Fund
AbbeyFive-Year Capped Rate
Abbey has launched a new Guaranteed Income Bond offering both protection of capital at maturity and income over the next four years.
Abbey has brought out the capital guaranteed residential property bond issue 3, a capital-protected bond linked to the performance of the Halifax House Price index.
Aifa has renewed calls on IFAs to plan for changes caused by the EU Commission's Market in Financial Instruments Directive and has set up a consultation group to assess its impact.
Alliance & LeicesterFive Year Discount Fully Flexible Mortgage
Alliance & LeicesterIntermediary Special Remortgage Two Year Base Rate Tracker
Bank of Ireland Isle of Man/Product InnovationsAria Global Property Tracker + Bond - Issue 1
BarclaysFive-Year Protected FTSE Plan
Barclays Global InvestorsiShares DJ Asia/Pacific Select Dividend
Barclays Global InvestorsiShares Euro Government Bond 1-3
Barclays Global InvestorsiShares MSCI Europe ex-UK
Barclays Global InvestorsiShares MSCI North America
Barclays Global InvestorsiShares US Treasury Bond 1-3
Fund management Baring Asset Management has always been known for its bond strength but its equity portfolios have been showing strong performance in recent times as well interview by Phillip Scott with BAM marketing director Ian Pascal, sales director Jerry Devlin and chief investment officer Michael Hughes.
Barclays Global Investors has launched five new exchange traded funds on the London Stock Exchange including the iShares US Treasury Bond 1-3 ETF.
Matt Goodburn reports on how alternative energy is powering green funds
Protection specialist Bright Grey has introduced a pension term assurance plan that offers a choice of level, increasing or decreasing cover.
The public need to know why the Chancellor took the axe to ACT
Bristol & West MortgagesStandard Two Year 2.4% Discount
The Treasury is due to begin its Isa review in the next few months. We have a few suggestions.
Organisation, efficiency and getting to see clients are the keys to success
Pension simplification has seen the introduction of three tax-free cash options
Charles StanleyCF Charles Stanley Equity Fund
Charles StanleyCF Charles Stanley International Growth Portfolio
Charles StanleyCF Charles Stanley Regular High Income Fund
Stockbroking firm Charles Stanley has brought out an Oeic range comprising an international fund of funds, an income fund combining UK fixed interest and high yielding equit ities, and a UK equity fund.
Cheshire Building SocietySelf Cert Two Year Fixed
Naomi Rovnick says commission and competition have been at the heart of some IFA networks' financial problems
Andrea Tryphonides on the growing furore after the Parliamentary Ombudsman's pension report was snubbed by the Governement.
Dalton Strategic PartnershipMelchior UK Opportunities
Dawnay Day QuantumProtected Japan Multiplier
Structured product provider Dawnay Day Quantum has brought out the protected Japan multiplier, a guaranteed equity bond linked to the performance of the Japanese Topix index.
Key Retirement Solutions business development director is the companys agony aunt, answering customers queries but the agony is pure pleasure for the doyen of the equity-release market who takes personal pride in educating the media. Interview by Guy Anker.
The big story in offshore this week revolves around the EU savings directive and the vast number of investors who appear to be effortlessly jumping through its loopholes.
Franklin Templeton has brought out an onshore Oeic investing globally in real estate investment trusts.
This year is looking to be one which has delivered the quickest and most positive changes to the industry.
Lending giant will offer same mortgages to new and existing borrowers and speed up admin
Threadneedle Investment has brought out the Threadneedle UK equity alpha fund for former Credit Suisse director Leigh Harrison.
An EC report contains worrying plans to liberalise the hedge fund industry
Technical Connection's John Woolley analyses the Government's latest plans for inheritance tax and trusts
Our panel discuss Fidelity's surprise global special sits decision, can a fund be too big and Reits of Reits
Kensington MortgagesSimple Choices Heavy Three-Year Discount
Legal & General has brought out healthcare choices, a private medical insurance plan catering for individual and group business.
Leeds Building SocietyHeavy Impaired Three Year Base rate Tracker
Leeds Building SocietyLight Impaired Two Year Fixed Rate
Legal & GeneralGuaranteed Income and Capital Bond 1
Matrix Property Fund Management has brought out the Matrix European real estate investment trust, which has been seeded with a euros 325m property portfolio.
Matrix Property Fund ManagementEuropean Real Estate Investment Trust
Rehearsing the variations proposed to the bereaved minors' trust provisions
Is there something former Millfield boss Alan Easter is not telling us? Apart from whether or not he will be joining TMP following its recent acquisition of Millfield, that is.
Mortgage ExpressBuy-To-Let Two-Year Discount Mortgage
Mortgage NextIpswich Shared Ownership Discount Mortgage
Norwich & Peterborough Building SocietyLong Term Base Rate Tracker: BBR + 0.24%
New Star Asset Management has introduced the Tri Star unit trust which combines three asset classes within a single fund. The fund aims to provide a mixture of income and growth, with an estimated yield of 4 per cent a year.
Norwich Union’s pension term assurance offering is divided between two products - life insurance with tax relief and mortgage life insurance with tax relief.
NvestaIncome Plus Plan 2
Octopus Asset ManagementApollo VCT 1 and 2
The Pensions Policy Institute has appointed Niki Cleal as its director, replacing Alison O’Connell from the end of July.
Rathbone Unit Trust Management has brought out the Rathbone high income fund for fund manager Carl Stick.
Sarasin ChiswellSarasin International Equity Income Fund
Scottish Widows Investment PartnershipMulti-Manager Global Real Estate Securities Fund
Scottish Widows Investment PartnershipSWIP UK Real Estate Fund
Skandia Investment ManagementGlobal Best Ideas Fund
Skandia has, yet again, come up with a winning formula. Its new global best ideas fund looks to be on course to take in more than 200m over the next month or two. It is reputed that is has already taken 80m, although the firm has not yet announced figures.
Structured Solutions GroupCapital Protected High Income Plan
Michael Bolton's blast about backhanders in the sub-prime market has sparked fierce debate, says Guy Anker
SVM Asset Management has brought out an Oeic fund of funds that will apply a multi-asset approach to a portfolio of closed-ended funds.
Scottish Widows Investment Partnership has launched the Swip UK real estate fund, an Oeic which invests in listed UK property companies.
Scottish Widows Investment PartnershipSwip Absolute Return Bond Fund
Scottish Widows Investment Partnership (SWIP) has introduced the Swip Multi-Manager Global Real Estate Securities Fund, a manager of managers fund that invests in the global real estate securities market.
T. Bailey has added a third fund, the cautious managed fund, to its multi-manager range.
I have started going to the gym again, after a long absence. My decision was motivated not just by a thickening waistline and the increasing proportion of clothes that I could no longer fit into but also by back problems brought on by a recent eight-day charity scooter ride from Lands End to John O'Groats and back.
In recent articles I have outlined the financial planning situation of a married couple - David and Jane - who separated due to an irretrievable breakdown in their marriage.
Fresh from rebuffing rumours that they are interested in acquiring Credit Suisse's multi-manager business, AXA Framlington has unveiled a major piece of restructuring and rebranding for its own multi-manager operation.
Halifax has pledged to pay full proc fees to brokers and to make the same mortgages available to new and existing customers, under its retention strategy overhaul announced this week.
The pensions roundup is straying perilously close to politics this week but it seems that the too are inextricably linked these days.
Pensions Minister James Purnell cranked up the charm offensive in the run up to the industry summit on Personal Accounts speaking at an IPPR organised event about young people, pensions and saving.
Last week saw one of the highlights of the protection industry's calendar, both professionally and also socially, if the aftermath at London nightclub Tiger Tiger was anything to go by.
Advisers must demonstrate to the Icob review that advice adds real value
British workers and senior managers at UK companies are calling for the compulsory inclusion of all employee benefits, including company pensions, within job adverts, according to a new study from Axa.
Octopus Asset Management is aiming to raise up to £50m for the Appollo venture capital trust 1 and 2, a VCT with a dual structure.
Inflation uncertainty and Fed intentions could make owning big US stocks more appealing.
Research points to anomalies in Government's contributory principles for basic state pension