Money Marketing
2 February 2005
-
60m returned to NFU Mutual policyholders
8 Feb 2005
-
Abn's fleming joins aegon to set investment strategy
3 Feb 2005
Aegon Asset Management UK has appointed Andrew Fleming as chief investment officer to lead a 50-strong investment team that manages more than 33bn.
-
Advisers face minefield in choosing business model
3 Feb 2005
Product providers admitted that they face new marketing challenges posed by the changing role of advisers in a depolarised regime.
-
Aitc chief godfrey urges trust boards to use the treasury
3 Feb 2005
-
Ami warning on idds in bid to improve record-keeping
3 Feb 2005
The Association of Mortgage Intermediaries is warning all member firms to rethink the way they handle their initial disclosure documents in a drive to tighten up record-keeping across the industry.
-
Arla claims landlords may be missing out on essential cover following gi regulation
3 Feb 2005
-
Axa sees growth in contracting-in numbers
8 Feb 2005
-
Benefit match
3 Feb 2005
Clerical Medical retirement planning manager Steve Meredith looks at the changes for taking pension benefits.
-
Best sellers
3 Feb 2005
In a new regular section of International Money Marketing Brief, Contract Marketing Services managing director Richard Lloyd-Jones looks at what offshore products and providers UK-based IFAs are using most.
-
Boulger on mortgages
3 Feb 2005
Three months into statutory mortgage regulation and the phony war is about to end. So far, the FSA has adopted a light-touch approach to regulation to give firms a period to iron out any unforeseen problems in complying with the new rules. Three months is clearly not long enough for some firms as there are still an awful lot of non-compliant financial promotions around, with some broker websites, for example, even still saying the firm is regulated by the MCCB.
-
Bristol & West International goes for a kick about
8 Feb 2005
Bristol & West International has established the FTSE kickout bond, a FTSE 100-linked guaranteed equity bond which has several early maturity trigger points.
-
Britannic sets up second hedge fund
2 Feb 2005
-
Broker talkback
3 Feb 2005
Do life offices have a duty to inform policyholders of MVR-free windows in with-profits policies?
-
Build a better business
3 Feb 2005
The Financial Planning Service certified financial planner Julian Crooks: "Our main issue is marketing, or lack thereof, and trying to get in touch with the right clients. As a fee-based consultancy, we feel more could be done from a higher level to raise awareness of the benefits of fee-based consulting.
-
CAF launch equity tracker for the voluntary sector
8 Feb 2005
-
Change of directional
3 Feb 2005
-
Charcol still rejecting mortgage brain kfis
3 Feb 2005
Charcol is refusing to use key fact illustrations from Mortgage Brain over concerns that it is still unable to produce accurate documents.
-
Cheltenham & Gloucester - Two Year Premium Fixed Rate Mortgage
4 Feb 2005
Cheltenham & GloucesterTwo Year Premium Fixed Rate Mortgage
-
CII certificate to be taught in schools
3 Feb 2005
Six schools in the North-east of England will start teaching the Chartered Insurance Institute certificate in financial planning from September.
-
Claim chasers are cherrypicking profitable clients
3 Feb 2005
You may recall that a few months back - when I did a bit of mystery shopping of my own - I raised awareness of the ethics of some endowment claims firms offering no win, no fee services. This was defended by other such firms maintaining that all claims firms should not be tarred with the same brush.
-
Clerical links first guaranteed fund to FTSE 100 in retail push
3 Feb 2005
Clerical Medical is planning its first capital guaranteed fund as part of a push into the retail fund market.
-
Clerical slashes with-profits bonuses
2 Feb 2005
-
Close offers two per cent discount on escalator 100 fund
7 Feb 2005
-
Close Property Investment - ClosePip Isa and Pep
7 Feb 2005
Close Property InvestmentClosePip Isa and Pep
-
ClosePip isa and pep fund targets property
3 Feb 2005
Close Property Investment's new ClosePip Isa and Pep fund invests in a property fund of funds which, although fett-ered, harnesses the skills of several independent property managers.
-
Committee could be scrapped
3 Feb 2005
The controversial regulatory decisions committee of the FSA could be swept away as the regulator makes changes to its enforcement process.The FSA has outlined an investigation into its procedures and is thought to be considering sweeping changes to the RDC.
-
Compensation conundrum
3 Feb 2005
Many IFAs will surely welcome anything which spreads the burden of FSA fees across the year rather than face a very painful one-off hit.
-
Correspondent's week
3 Feb 2005
-
Costs of financial education should not fall on sector
3 Feb 2005
Daniel Godfrey, director general of the Association of Investment Trust Companies, has called on the Government to create a Financial Education Agency. This agency could, he suggests, come under the umbrella of the FSA to provide financial education across the UK.
-
Coventry launches new offset mortgage
7 Feb 2005
-
Design of the times
3 Feb 2005
The pension scheme changes taking effect from April 6, 2006 will simplify matters considerably - it would be churlish to argue otherwise.
-
Diary
3 Feb 2005
-
Dwp accused of deviating from simplification over protected rights transfers
3 Feb 2005
The Department for Work and Pensions has been accused of moving away from the concept of pension simplification by not allowing self-investment of protected rights.
-
Easter quits sales role at Ample
2 Feb 2005
-
End of term
3 Feb 2005
How wrong can Tom Baigrie, Jason King and the FSA be with regard to term insurance? asks Terence O'Halloran.
-
Exchange announces integration with Mint
4 Feb 2005
-
Exchange integrates services with IntelliFlo
7 Feb 2005
-
F&c faces a fight against the flow
3 Feb 2005
IFAs are concerned over F&C after a Morgan Stanley report predicted an outflow for the firm of 3bn in assets under management this year after it saw an outflow of 4.7bn last year.
-
Fidelity transfers 40,000 clients to fundsnetwork
3 Feb 2005
Fidelity has completed the transfer of 40,000 customers on to FundsNetwork following its purchase of Egg's investment business. The group says this is the biggest migration of supermarket clients.
-
Framlington removes the barriers
2 Feb 2005
FramlingtonManaged Balanced Fund
-
'Fsa blaming IFAs for product providers' marketing material'
3 Feb 2005
The FSA is judging IFAs res-ponsible for product provider marketing material during mis-selling claims, a letter obtained under the Freedom of Information Act reveals.
-
Fsa crackdown threat to shut ifas which fail to treat customers fairly
3 Feb 2005
The FSA will ban IFAs that fail to respond quickly to regulatory changes brought about by depolarisation.
-
FSA pressed to reveal RDC's decision data
3 Feb 2005
A law firm is petitioning the FSA under the Freedom of Information Act to reveal whether its regulatory decisions committee is anything more than "a hanging court".
-
FSA reminds consumers of state second pension
8 Feb 2005
-
Fscs pledge on 'phoenix' cash
3 Feb 2005
The Financial Services Compensation Scheme says it will start working with liquidators to claw back cash from IFA bosses that dump assets in "phoenix" firms.
-
Fundsnetwork enhances commission
3 Feb 2005
FundsNetwork is to offer discount and enhanced comm-ission offers on multi-manager funds.
-
Ge life in drawdown cash offer
3 Feb 2005
-
Group looking at instalments
3 Feb 2005
Representatives from the small business practitioner panel and the Financial Services Compensation Scheme have joined the FSA in a working party to investigate instalment payment of levies.
-
HBOS confident over revised licence application
8 Feb 2005
-
Home and away
3 Feb 2005
The Insurance Mediation Directive enables FSA-regulated IFAs to sell their services throughout the EU, says Simon Hildrey.
-
Homeowners Friendly rebrands
7 Feb 2005
-
How well qualified are adjudicators?
3 Feb 2005
The FSA has extolled the values of holistic financial planning. It has dictated the need for high levels of qualification. It insists that key features documents are distributed with each recommendation and, of course, it has approved those key features documents as authentic consumer-orientated information sheets which enable customers to assess the products which they wish to buy.
-
Huge hike for fund firms
3 Feb 2005
The Financial Services Compensation Scheme is forcing fund firms to pay 27m to cover the risk of a fund management group going bust this year.
-
'ifa' is our real brand
3 Feb 2005
I think that Simon Parker's article on branding to take on the banks misses the point in the final analysis (Money Marketing, January 20).
-
iimia - iimia ACD Services Growth Fund
8 Feb 2005
iimiaiimia ACD Services Growth Fund
-
Independent view
3 Feb 2005
Any financial adviser worth his salt will always start any financial planning exercise with a detailed budget so that the client's overall objectives can be set. This then forms the framework for the financial planning exercise.
-
Industry tells turner to abolish means test
3 Feb 2005
A broad consensus of industry bodies is telling the Turner Commission that the basic state pension must be increased and means-testing scrapped.
-
Ingenious Asset Management - Directional Bond Fund
3 Feb 2005
Ingenious Asset ManagementDirectional Bond Fund
-
Interest rates predicted to dip before they rise
7 Feb 2005
-
Investec chief quits to join Martin Currie
7 Feb 2005
-
Investec to manage MGM fund range
8 Feb 2005
-
Investment view
3 Feb 2005
-
Investors' best friend?
3 Feb 2005
Investors have the memory of the bear market at the forefront of their minds. Is this caution justified? asks Brian Tora.
-
Joint approach backed for effective marketing
3 Feb 2005
IFAs and product providers agree that a unified approach is needed if financial products are to be marketed effectively to consumers.
-
Julian Gibbs
3 Feb 2005
One sector which has been neglected by many IFAs is European smaller companies. This is one area where good fund management really counts because smaller companies all over Europe are still much underresearched.
-
L&g •fsa - the lawyers' view
3 Feb 2005
-
Life is not always simple - neither is life insurance
3 Feb 2005
Terence O'Halloran is such a regular correspondent of yours that I have often wondered how he finds time to write any business. The contents of his letters show that he is a man of firm and fixed ideas. Grey does not appear to be a shade that he recognises.
-
Life offices give pledge on consultants as ifas ask, where is the man from the pru??
3 Feb 2005
-
Life offices send out invitations for anniversary
3 Feb 2005
In a rare piece of good news for with-profits investors, Scottish Widows and Clerical Medical are to write to thousands of their policyholders to inform them of MVR-free anniversary guarantees for the first time.
-
Lloyd George looks for stocks down under
7 Feb 2005
Lloyd George ManagementLG Developed Asia Fund
-
Lloyd George Management - LG Asia Pacific Fund
2 Feb 2005
Lloyd George ManagementLG Asia Pacific Fund
-
Lloyd George Management - LG China Fund
2 Feb 2005
Lloyd George ManagementLG China Fund
-
Lloyd George Management - LG Developed Asia Fund
3 Feb 2005
Lloyd George ManagementLG Developed Asia Fund
-
Mattison on Pensions Associates Board
2 Feb 2005
-
Medical IFA divison for Berry Birch
2 Feb 2005
-
Missing link
3 Feb 2005
-
Moneynet launches monthly mortgage survey
4 Feb 2005
-
Mortgage Trust forecast surge in buy-to-lets
7 Feb 2005
-
MTM VCT benefits from China growth
7 Feb 2005
The MTM China VCT is a venture capital trust aiming to raise up to 25m for investment in unquoted UK companies that are doing business with China.
-
Multi-manager view
3 Feb 2005
It is frustrating for boutique multi-managers such as Miton Investments to hear of the vast sums of new inflows to this arena that are finding their way into some of the marketing leviathans in our industry, even if they have a poor or, in some cases, no track record.
-
Nationwide Building Society - Three Year Fixed Rate Mortgage
8 Feb 2005
Nationwide Building SocietyThree Year Fixed Rate Mortgage
-
Nationwide Building Society - Two Year Tracker
7 Feb 2005
Nationwide Building Societytwo Year Tracker
-
Nationwide provides popular choice
3 Feb 2005
Nationwide Building SocietyTwo Year Tracker Mortgage
-
NU Healthcare launches online health tree
8 Feb 2005
-
NU sets up guaranteed WP fund
2 Feb 2005
-
Octopus reaches into IHT planning
7 Feb 2005
-
Opening balance from Framlington
2 Feb 2005
-
Pension edge: John Moret
3 Feb 2005
I am not sure who coined the phrase "Simple solutions seldom are." However, Peter de Savary hit the nail on the head when he said: "The great fault all over the world in business is that people overcomplicate and forget that the main ingredients for success are common sense and simplicity. I use lawyers and accountants as little as possible." To whom he could have added civil servants.
-
Perpetual mountain logo makes its return
3 Feb 2005
Invesco Perpetual is bringing back Perpetual's mountain logo and launching its biggest ad push for several years.
-
Pi fears on rule confusion
3 Feb 2005
IFAs could be hit by negligence claims due to the compliance and risk management obligations of depolarisation, warns PI broker PYV.
-
Product matters
3 Feb 2005
-
Pru chief is appointed to head fundsnetwork
3 Feb 2005
Fidelity has appointed Prudential business development director David Dalton-Brown as head of FundsNetwork.
-
Pru draws up multi-ties for burns-anderson and tenet
3 Feb 2005
Prudential has made multi-tie deals with independent IFA networks Burns-Anderson and Tenet Group.
-
Public want reform of stamp duty
3 Feb 2005
The Government is set to reap around 4.3bn stamp duty from house sales in the current tax year - a nine-fold increase since 1993/94 - according to the Halifax.
-
Puma on the loose
3 Feb 2005
-
Purple haze
3 Feb 2005
-
Recovering companies boost bond funds
8 Feb 2005
-
Release clauses
3 Feb 2005
Advisers must weigh up the risks and benefits of equity release for clients.
-
Rensburg to manage russell equity portfolio
3 Feb 2005
Leeds-based Rensburg Fund Manage-ment has won an external mandate to manage a Russell Investment Group equity portfolio.
-
Ricky Okey joins Abbey's intermediary mortgage and protection team
7 Feb 2005
-
Sales slump as standard and friends put focus on profits
3 Feb 2005
Life and pension business dropped significantly at Standard Life and Friends Provident last year.
-
'savers ignoring inflation'
3 Feb 2005
-
Scepticism over fund's 40% claims
3 Feb 2005
-
Scoteq protect offers guaranteed critical rates
3 Feb 2005
Scottish Equitable Protect is to provide guaranteed rates on life with critical-illness protection from February 14.
-
Scottish Widows Bank extends interest rate options
7 Feb 2005
-
Secret service spooks sector
3 Feb 2005
The FOS's refusal to divulge details of a controversial decision has unsettled the industry.
-
Sesame back to school with a campaign for teenagers
3 Feb 2005
-
Severn steps in with bid to shift burden to providers
3 Feb 2005
New Aifa director general David Severn is pledging to fight for a shift in the regulatory burden towards product providers and for increased stability, certainty and lower costs for IFAs.
-
Severn takes over as IFAs face 18% levy rise
3 Feb 2005
New Aifa director general David Severn has called for a cut in regulatory costs for IFAs as the sector faces an 18 per cent rise in the FSCS levy.
-
Shore relations
3 Feb 2005
Our panel of experts talk about the difference between onshore and offshore IHT plans and the advantages for UK investors.
-
Short-term mortgage arrears on increase
3 Feb 2005
Short-term mortgage arrears have shown their first significant increase since 1998, according to figures from the Council of Mortgage Lenders.
-
Signature tune
3 Feb 2005
If you had told me a couple of weeks ago that I would be writing a column advocating the use of an online new bus-iness system that requires a hard copy signature from the client as part of the process, my answer would probably have been unprintable. Today, you are reading that column. This goes to show that it is always important to keep an open mind and that if you do things in the right order you can achieve the best of both the old and new worlds.
-
Single-minded cartel homes in on lone deal
3 Feb 2005
Manchester-based mortgage broker Cartel is planning to tie to a single lender and managing director Carl Wright predicts that broker firms will increasingly look to cre-ate these types of relationships as the market becomes more competitive.
-
Sipp providers in cost warning on overseas property
3 Feb 2005
Residential property in Sipps after A-Day faces legal and admin problems that will make it an expensive asset class to run, warn pension experts.
-
Standard banks on index trio
4 Feb 2005
Standard Bank offshore has created equity growth deposit 5, a guaranteed equity bond that is linked to an equally weighted basket of three stockmarket indices over a four-year term.
-
Standard Life launches research booklet
4 Feb 2005
-
Standard policyholder wants board seat
2 Feb 2005
-
Stephen Haddrill becomes director general of ABI
2 Feb 2005
-
Stuart Dyer
3 Feb 2005
The chief executive of Cofunds says the tie-up with Legal & General puts it in the right position for the depolarised world, opening up access to different markets and moving the firm closer to a wrap proposition.
-
Take stock
3 Feb 2005
-
Tech costs of L&G link will delay break-even for cofunds
3 Feb 2005
Cofunds' projected break-even date has slipped back to early 2007 due to the level of investment required to support the platform's tie-up with Legal & General.
-
That'll be the data
3 Feb 2005
I am about to give you a lot of personal information in order for you to provide me with independent financial advice. How do I know this information is safe and will not to be used for other purposes?
-
The corporate card
3 Feb 2005
There is a huge untapped market of companies which can benefit from offshore bonds and accounts.
-
The Mortgage Operation - Capital Home Loans Prime Self Cert for Self Employed
4 Feb 2005
The Mortgage OperationCapital Home Loans Prime Self Cert for Self Employed
-
The PFS view
3 Feb 2005
A market known for strong ethics will be a better market because it will deliver benefits to the economy and society. Once ethics are allowed to decline, bad practice becomes the norm and there is a competitive cost on firms which act ethically, which means few do. Essentially, you get a race to the lowest level and the system degenerates into crisis.
-
Tillinghast warns with-profits firms on ppfm problems
3 Feb 2005
Tillinghast has warned companies running with-profits investments that they could be accumulating future problems for themselves by not fully addressing new industry regulations.
-
Tom baigrie on protection
3 Feb 2005
To reproduce a quote from a client in The Sunday Times recently: "I wanted to pay the lowest possible premiums but get the best possible cover. I felt it was a much better option to ask the experts than try and search the market myself. I would now always advise my friends and family to take advice. Any rules that lift the standard of advice available when you buy insurance policies can only be a good thing for consumers."
-
Torquil clark buys lifepolicies direct
3 Feb 2005
Independent specialist life insurance broker LifePolicies Direct has been bought by Torquil Clark.
-
Trouble-shooter to push splits' fund
3 Feb 2005
A trouble-shooter has been hired by split-cap investment trust firms to convince consumers to take the FSA compensation settlement.
-
Uk banks worst at euro cross-selling
3 Feb 2005
UK banks are the worst in Eur-ope at cross-selling to their customers, according to a rep-ort by Booz Allen Hamilton.
-
Us giant hartford setting up uk annuity operation
3 Feb 2005
-
Verity's view
3 Feb 2005
With both sides claiming victory over Legal & General's ground-breaking challenge to the FSA concerning its 1.1m fine for endowment misselling, which side has really won?L&G's victory dance convinced more members of the press than did the FSA's equivalent.
-
Widows' plea for pledge on transfers
3 Feb 2005
Scottish Widows is calling on the Inland Revenue to guarantee that provider backlogs of pension fund transfers not processed by A-Day will not be blocked.
-
Widows reduces mvr after fund boost
3 Feb 2005
Scottish Widows has halved its MVR to 5 per cent and average surrender values have risen by 10 per cent after good with-profits performance.
-
Willing participants
3 Feb 2005
With all the difficulties that a combination of the gift with reservation and pre-owned assets rules have caused for lifetime estate planning with property - especially the principal private residence - many have effectively given up on this and turned to consider what can be done to at least ensure that the nil-rate band of the first of a couple to die is used. The saving in inheritance tax if this is successfully achieved is not to be sneezed at. It is the princely sum of 105,200.
-
Winterthur poach Rennie from Lincoln
8 Feb 2005
-
Winterthur promotes trustee plan
3 Feb 2005
Winterthur Life is running an initiative to raise awareness of the benefits of trustee investment plans as part of an holistic retirement planning process.
-
With-profits strength cuts the red letter shortfalls at scotam
3 Feb 2005
Strong with-profits performance last year will see a reduction in the number of Scottish Amicable endowment policyholders on red warnings of shortfalls.
-
Wp rules aim to make costs and penalties clear
3 Feb 2005
The FSA has finalised the first set of rules designed to regulate the transparency and accountability of the with-profits sector.
-
Zurich cuts cover rates by 25%
3 Feb 2005
-
Zurich cuts cover rates by 25%
2 Feb 2005
-
Zurich's Coulson gets senior sales role
2 Feb 2005
