17 August 2005
How long have we been discussing a single body for advisers? Yet some people seem to be unaware of this and the fact that the Personal Finance Society is that body.
Like the rest of the world, I watched in horror as news of the London bombings unfolded on July 7.
Structured Solutions GroupEarly Bonus Plan III
AbbeyTwo Year Fixed Rate
Alliance & Leicester InternationalCapital Guaranteed Maximum Growth Bond
Bristol & WestGuaranteed Income and Growth GEB
James Salmon follows the progress of Aifa's Stakes in the Ground initiative to protect IFAs against retrospective regulatory action
Western Provident AssociationParent Care
This week Simon Hildrey, freelance financial journalist
Sam Shaw finds that the 71-year-old marketing manager at Close Brothers Investment has developed a language of his own during his years in financial services but is still striving hard to ensure the intricacies of property funds and VCTs are not lost in translation for high-net-worth clients
Afinancial journalist can always tell when it is summer. It isn't just that newspaper pagination falls off the face of a cliff or that everyone goes on holiday and any query takes twice as long to get a reply from a somnolent press office.
I have a confession to make and would be grateful if readers would keep it a secret from my employer and my wife. As someone who has been reputed to know a reasonable amount (for a journalist) about personal finance, the information contained here could be highly damaging to that reputation.
Selestia has signed up T Bailey Asset Management's two funds of funds to the platform.
Hedge funds have traditionally been the preserve of the very wealthy but a recent move by the FSA to con- sult on whether they should be made available to retail investors has resurrected a long-standing debate.
Last week's Money Marketing ran a story on the executive changes made at Bankhall and it seems an apposite time to give some contextual background to these changes. I would like to look at three core subject areas namely, rationale behind the changes, short term initiatives and longer- term strategy.
No sooner had I suggested that Japan might be worthy of re-examination as a country in which to invest, than prime minister Koizumi called a general election. Typical. The uncertainty created demands a wait and see policy, at least for the time being.
Two weeks ago, I was talking to the head of commercial development at a major IFA firm about the ways in which the market has changed in the last few years.
Nicola York finds that the affordable housing sector is thriving despite media confusion about covenant conditions
Lower levels of volatility in equity markets hit returns for fund of hedge fund managers in the first half of the year.
As the anniversary of mortgage regulation approaches, what is next on the FSA's agenda?
Portfolio diversification is becoming more difficult. Historically, one would have balanced a holding of UK shares with some in the US, Europe and so on, the theory being that when UK shares slumped, the loss would be offset by a gain in the overseas element of the portfolio.
A long-time client once had a great opportunity to get a new business off the ground through selling part of the firm to a venture capital outfit. Like most relationships, it started well but soon there were problems as he found himself with competition from within.
Oceanic Asset ManagementACDS Australian Natural Resources Fund
Investment boutique Oceanic Asset Management has established an Oeic for the UK market which invests mainly in Australian natural resources stocks.
The subject of trustee investments has crossed the mind of many an adviser over the years. Especially for those seeking to do business with other professional advisers, working in this market seems like a classic case for effective collaboration. And it is, but it is not easy.
Old Mutual Asset ManagersOld Mutual Prosper 80
The court will take into account all the assets of a married couple when deal- ing with their divorce. We can consider each of them in turn and then return to them collectively.
It must be remembered that, like stockmarkets, with-profits goes in cycles. I believe that investments in the right with-profits bonds - those with a high proportion of their underlying investments in equities and commercial property - will do well over the next few years, especially where the provider has a high, realistic free-asset ratio and good investment management.
Portman Building SocietyFive Year Fixed
Congratulations to Origen for sensitively responding to the London bombings of July 7 by offering free financial advice services for victims of the attacks, inviting them to gain help following the devastation.
Structured product provider Product Innovations has teamed up with Abbey International to established the Opus Diversifier Dollar Capital Bond, a guaranteed equity bond aimed at high-net-worth investors.
It was good to see Simply Biz making the point in these columns recently that IFAs waste a day a week dealing with product providers' poor admin.
Scottish Widows Investment PartnershipSwip Sterling Bond Plus Fund
Some IFAs are refusing to place business with product providers which do not deliver on service but Nicola York finds that some companies say they are improving their admin in a bid to regain brokers' confidence and business
I cannot help feeling a bit of sympathy for the high-street retailer. Virtually every other sector is pumping out solid earnings, typically in line with or beating estimates, and confidence is riding high.
Skipton Building Society has established the double asset bond 2, a product which combines a FTSE-100 linked guaranteed equity bond with a one-year fixed-rate savings account.
A report by the Council of Mortgage Lenders has sent a worrying shudder through those who have invested heavily in property rather than saving in more traditional vehicles such as pensions
Structured Solutions GroupEarly Bonus Plan III
The expertise of IFAs in the property market has been questioned by the British Property Federation.
Multi-manager T Bailey Asset Management says it is keeping an eye on Oceanic Asset Management's new Australian resources fund although it prefers to access opportunities in the region through global resources funds.
The Derbyshire Building SocietyThree Year Fixed Buy-To-Let
UCB Home LoansSelf Cert Two Year Flexible Fixed Rate
Pension advisers in the North will once again have the opportunity to hear from the experts on the future of the industry at this year's Money Marketing Live conference and exhibition.
As A-Day approaches, some very important tax issues are suddenly coming to the fore. The main thrust of this art- icle is to consider the deductibility of employer contributions to pension arrangements under the new regime.
Woolwich Plan ManagersCapital Growth Plan Issue 10
Woolwich Plan ManagersCapital Growth Plan Tax Free Account 2