Money Marketing
13 April 2005

  • Abbey introduces its new mortgage range

    18 Apr 2005

    Abbey is introducing its new mortgage range to be available from April 20 2005.

  • AMI offers lead-generation guide

    13 Apr 2005

    The Association of Mortgage Intermediaries is offering a guide to help intermediaries with lead generation following concerns raised by members about lead generation firms.

  • ARLA welcomes DTI action over BTL companies

    15 Apr 2005

    Action by the Department of Trade and Industry to wind up a string of buy to let advisory and investment services is welcomed by the Association of Residential Letting Agents.

  • Bank of Ireland gets around withdrawal problem

    13 Apr 2005

    Bank of Ireland Isle of Man has established the guaranteed FTSE bond issue 7, a seven-year guaranteed equity bond linked to the FTSE 100 index.

  • Butterfield offshore makes predictions over oil

    15 Apr 2005

    Butterfield Bank (Guernsey) is publishing comment on the outlook for oil in the context of the global investment market, based on latest figures.

  • Campbell Dallas moves to single site in Stirling

    19 Apr 2005

    Campbell Dallas is opening a new office in Stirling, bringing both its chartered accountant and its financial services businesses under one roof.

  • Charcol is to re-brand as John Charcol

    19 Apr 2005

    Charcol is to re-brand itself to its original name of John Charcol in a move to confirm the firm has well and truly split from Bradford & Bingley.

  • Clerical signs up to security

    19 Apr 2005

    Clerical Medical has established the second tranche of its secure investment plan.

  • Cofunds assets top 4bn

    19 Apr 2005

    Cofunds assets under administration have reached 4bn in four years since launch. The platform attracted 1.7bn in 2004. The supermarket launched in January 2001 and at its current rate of growth expects to break even in late 2006/ early 2007. It expects its rate of asset accumulation to increase when it launches personal pension and investment bond wrappers through a tie-up with Legal & General, later in the year.

  • Cofunds hits 4bn mark

    18 Apr 2005

    Cofunds has topped 4bn in funds under management just over four years after the fund supermarket's launch.The platform attracted 1.7bn in 2004, aided by increasing inflows and positive market movements.Cofunds launched back in January 2001 and at its current rate of growth expects to break even in late 2006/ early 2007.The fund supermarket expects its rate of asset accumulation to increase it launches personal pension and investment bond wrappers through a tie-up with Legal ...

  • Cornelian Asset Managers - CF Cornelian Balanced Fund

    15 Apr 2005

    Cornelian Asset ManagersCF Cornelian Balanced Fund

  • Cornelian Asset Managers- CF Cornelian Growth Fund

    14 Apr 2005

    Cornelian Asset ManagersCF Cornelian Growth Fund

  • Coventry appoints new head of intermediary sales

    18 Apr 2005

    Coventry Building Society appoints a new head of intermediary sales in the form of Julie Jones, who has worked at the society for 21 years.

  • Exchange launches new GI tool

    15 Apr 2005

    The Exchange has launched a new online GI product research tool in conjunction with Defaqto.The product, Infowise, is the latest extension to Defaqtos online product range and will give Exchange users real-time access to product data including terms and conditions for household, motor, travel, creditor protection and commercial insurance policies.Product information can also be printed to help meet regulatory requirements.The Exchange managing director David Child says: "This ...

  • Fidelity Investments - Sterling Bond Fund

    15 Apr 2005

    Fidelity InvestmentsSterling Bond Fund

  • Fidelity offers bond fund for all weather

    14 Apr 2005

    Fidelity Investments has established the sterling bond fund, an Oeic which invests mainly in UK investment grade bonds.

  • Financial services companies do not take TCF seriously says Watson Wyatt

    18 Apr 2005

    Too many financial services companies are treating the FSA's treating customers fairly initiative as a compliance issue and not addressing it at a senior enough level according to consultants Watson Wyatt.

  • First time buyers double

    19 Apr 2005

    The housing market remained steady last month but the number of first time buyers on the market doubled last month according to data released by the National Association of Estate Agents. The number of first time buyers per estate agency rose from an average of 10.1 per cent in February to 22.3 per cent in March. For the second month in a row the annual change in property prices was marginal, with prices less than 0.5 per cent higher than they were at the start of the year.

  • Former ABI boss joins Aviva

    19 Apr 2005

    Former ABI director general Mary Francis has joined the board of Aviva as an independent non-executive director. Francis, who joins on 1 October, is also a non-executive director of the Bank of England and Centrica. Prior to joining the ABI in 1999, she worked for the Treasury and as private secretary to the Prime Minister.

  • Framlington in management buyout talks

    19 Apr 2005

    Framlington managers are in the early stages of management buyout talks. Former chief executive Peter Chambers started the talks in the autumn but resigned after senior managers at Framlington decided Chambers was not the right person to take the buyout forward. The managers are still planning the buyout but have put plans on hold pending the appointment of a new chief executive. Framlington is currently 15 per cent owned by its staff.

  • Friends Provident - The Personal Range - Individual Personal Pension

    18 Apr 2005

    Friends ProvidentThe Personal Range Individual Personal Pension

  • Friends Provident -The Personal Range - Individual Stakeholder Pension

    18 Apr 2005

    Friends ProvidentThe Personal Range - Individual Stakeholder Pension

  • FSA issues 'boiler room' scam warning

    15 Apr 2005

  • Gartmore - Gartmore Sicav Euro Money Fund

    13 Apr 2005

    GartmoreGartmore Sicav Euro Money Fund

  • Gartmore - Gartmore Sicav US Dollar Money Fund

    13 Apr 2005

    GartmoreGartmore Sicav US Dollar Money Fund

  • Genesis Home Loans uses Exweb for protection sales

    19 Apr 2005

    The Exchange announces Genesis Home Loans has selected the Exweb Broker portal to support its new arrangements for the sale of protection products.

  • GMAC denies it is up for sale

    13 Apr 2005

    GMAC RFC says it is not for sale despite General Motors' negotiations for the sale of its US commercial arm GMAC Commercial Mortgage. Market speculation surrounding the future of GM's UK residential arm has been fuelled by the reduction of GM's status by Moody's Investors Service to one point above junk on April 5.

  • Halycon days for Premier

    15 Apr 2005

    Premier Asset ManagementHalcyon Extra Income Fund

  • Hargreaves Lansdown multi manager sells 250m

    19 Apr 2005

    Hargreaves Lansdown fund of funds have broken 250m in sales since the firm launched its first multi manager product in 2001. It uses a mixture of qualitative and quantitative analysis to run the money under Lee Gardhouse, who has developed his own system to identify how returns are achieved. The three Hargreaves Lansdown multi manager products are a UK equity income, a UK global growth and a balanced managed product.

  • HSBC enjoys its freedom

    13 Apr 2005

    HSBC Asset ManagementHSBC UK Freestyle Fund

  • Jubilee Pictures - Jubilee Pictures EIS

    19 Apr 2005

    Jubilee PicturesJubilee Pictures EIS

  • L&G pays 139m in compensation

    13 Apr 2005

    Legal & General has paid out 139m to settle pension and endowment misselling compensation claims. The figure includes the cost of its pension and endowment sales reviews and related admin costs.

  • LibDems say they will scrap CTFs

    13 Apr 2005

    The Liberal Democrats say their manifesto contains a commitment to abolish child trust funds, with the money saved redirected into primary education. The manifesto will also commit to a citizen's pension for everyone over 75, with a full costing document to be published with the manifesto next week.

  • Lime promotes Amanda Waddington to general manager

    15 Apr 2005

    The Tenet Group announces a new general manager at Lime, its general insurance and mortgage arm, in the form of Amanda Waddington.

  • Mortgages plc agrees branded lending deal with TFC

    19 Apr 2005

    Mortgages plc has agreed a branded lending deal with distributors The Finance Centre.

  • New Star equity sales 682 per cent on last year

    18 Apr 2005

    New Star says its Isa season net equity sales were 682 per cent of last years, with its net commercial property sales at 485 per cent on the same period.

  • New Star set to float in October

    13 Apr 2005

    New Star Asset Management is preparing to float in October. Plans to float last year were put on hold following poor performance of the equity markets but founder and chairman John Duffield says he is looking to go ahead after New Star's nine-month results are published in September.

  • Personal Touch from Friends

    18 Apr 2005

    Friends ProvidentThe Personal Range – Individual Personal Pension

  • Pru ties up National Australia Bank annuity deal

    19 Apr 2005

    National Australia Bank has signed up Prudential to provide annuities and healthcare products for distribution through NAB's Clydesdale and Yorkshire Bank networks.The annuities deal is a single-tie arrangement and kicks off on 31 May for a five year term. The deal will also see PruHealth PMI products sold through NAB's banking network as the first provider on what will be a multi-tie healthcare panel.

  • Smith & Williamson opens VCT portfolio

    18 Apr 2005

    Smith & Williamson has established a venture capital trust portfolio service for the IFA market.

  • Split caps compensation to be revealed

    19 Apr 2005

    Investors in split caps will hear this week how and when Fund Distribution, the company set up by the Financial Services Authority after the crisis, is to make its payments to those eligible for compensation. Eighteen fund management companies paid into the company in December after reaching agreement with the FSA, with Exeter Asset Management and Teather and Greenwood signing up this month.

  • Standard Life bank introduces new flexible mortgage products

    18 Apr 2005

    Standard Life Bank is launching a new two-year and six-month variable rate mortgages to its freestyle range, and a new three-year fixed rate mortgage.

  • Strategic Bond Fund from Artemis

    13 Apr 2005

    Artemis is launching a strategic bond fund in the second quarter of this year. The fund will be run by James Foster and Alex Ralph, who join Artemis this month from Isis.

  • Threadneedle Change European Select Growth Manager

    19 Apr 2005

    Threadneedle is replacing Darrel ODea with Phil Cliff as manager of its European Select Growth fund.

  • Threadneedle switches managers

    19 Apr 2005

    Phil Cliff is to take over from his boss, Darrel ODea, as manager of Threadneedles European Select Growth fund. Cliff has been number two on the team and currently also manages Threadneedles pan-European Accelerando fund. He will now switch roles with ODea, who becomes deputy manager on the select growth fund.

  • UBS absolute fund takes 40m

    13 Apr 2005

    The UBS absolute return bond fund has taken 40m in inflows during its three-week offer period. The Ucits 3 fund aims to generate a return regardless of market conditions through a diversified global bond portfolio. the targeted gross performance objective is UK bank rate plus 2.15 per cent with an anticipated volatility of 3 per cent.

  • UnumProvident quotes go on Webline

    13 Apr 2005

    Quotations from UnumProvident are now available on the Webline portal. Products include personal income protection, a primary protection plan, executive income replacement, essential abilities cover and a critical-illness plan.

  • Winterthur Life roadshow predicts IFA advantage

    19 Apr 2005

    Winterthur Life is hosting a national roadshow to educate IFAs on how to convert industry changes into competitive advantage, throughout May and June.

  • WMS launches multi-wrap solution

    18 Apr 2005

    Wealth Management Software has launched a multi-wrap solution designed to accommodate the requirements of A-day.The LISA multi-wrap solution includes support for equities, bonds, funds, Isas, Peps, property asset management, child trusts and A-day pensions including income drawdown.It also includes Internet based client reporting, portfolio modelling, performance measurement, document management and business process modelling and management.WMS group sales director Paul Foll ...

  • Zurich - Sterling Investment Bond

    14 Apr 2005

    ZurichSterling Investment Bond

  • Zurich in win-win situation

    15 Apr 2005

    Zurichs new guaranteed equity bond, the Zurich guaranteed account 7, offers investors a full capital return plus capital growth in rising or falling markets over a six-year term.

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