22 August 2007
LINCOLN RETIREMENT INCOMEi2Live Retirement Plan
Will consumers find the three new categories of adviser suggested in the retail distribution review three steps to clarity or three steps to confusion?
The Route Group and Footprint Films have teamed up to develop a new type of film fund in the light of recent changes to the way British films are financed.
AbbeyAbbey UK Equity Guaranteed Capital and Return Bond
AbbeyAbbey US Equity Bond
Aberdeen Asset Management has acquired Glasgow Investment Managers for £8.95m with the investment team led by Iain Lynn joining the Aberdeen Group.
The GAM Star US All Cap equity fund has been added to GAM’s range of US equity funds.
US investors are on the sidelines but a reverse in the weakening dollar leaves plenty of room for upside
The Arctic Systems judgment has helped clarify the position for many similar cases left hanging in the balance
Sam Smith reports on Scottish Life's hard-hitting claims that some life offices are buying advice firms to turn them into quasi DFSs
Fund manager hopes to reignite chemistry as former DWS team are reunited on its UK desk
AXA FRAMLINGTONMulti-Manager Reserve Fund
Axa FramlingtonEquity Income Fund
Reports suggest Barclays Bank was the recipient of the £314m emergency loan from the Bank of England made on Monday through its standing lending facility.
Confidence is generally high after a strong first half, says Tanya Powley
CANADA LIFEAnnuity Growth Account
What resources are available to help people take charge of their financial affairs?
Cheltenham & GloucesterFive Year Fixed Rate 100% Mortgage
Cheshire Building SocietyBuy To Let 5 Year Fixed
The Olympic effect is already boosting the Chinese market but Henry Chan, head of the Asian equity investment team at Baring Asset Management in Hong Kong, says the benefits of economic growth and infrastructure expansion will be felt a lot longer
Close Investments has been building positions in funds of hedge funds and other absolute return funds within its reserve equity fund.
Last week saw the FTSE 100 drop below 6,000 as investors took flight amid fears that the market is going to have a harder landing than anticipated.
Dawnay Day QuantumEuropean Stockmarket Maximiser 2
EdeusTwo Year Buy-To-Let Tracker
EdeusTwo Year Buy-To-Let Tracker
ETF SecuritiesETFS Brent 1 Year
ETF SecutitiesETFS WTI 1 Year
ETF Securities has brought out a range of oil exchange traded commodities on the London Stock Exchange.
Investec Private Bank has seen a 30 per cent increase in executives looking to borrow money from the firm to buy shares in their business this month, following the recent market volatility.
F&C Commercial Property Trust has called an extraordinary meeting following its failure to meet company targets where board members will consider proposals to wind up the trust.
A booming middle class and growth in consumer demand will fuel sector growth in the emerging Europe, Middle East and Africa regions, according to Fidelity International.
Insight's multi-manager team has increased its short position on US smaller companies in its diversified target return fund through the ProShares ultra-short Russell 2000 exchange traded fund.
GAM has added the GAM Star US small & mid cap fund to its US equity fund range.
NATIONWIDE BUILDING SOCIETYTwo Year Tracker A
Economic growth is slowing and this will continue into next year. Inflation is starting to increase and interest rates are rising to counter it. Inflation is particularly showing in areas such as food, basic materials and oil where we are seeing prices at record levels. With growth slowing and interest rates rising, the environment is right for a move into more defensive stocks.
HSBC InvestmentsEmerging Markets Local Debt Fund
HSBC InvestmentsNew World Income Fund
Up to 95 per cent of the French population will not have to pay inheritance tax upon the death of their parents, following changes to IHT laws.
PINK HOME LOANSKensington Mortgages Near Prime Three-Year Fixed BTL
A keen solver of problems, this ex-business consultant and banker began to ask why elderly people should not be able to release equity from their homes to bolster their income in old age. The answer - equity-release lender Stonehaven - came into being last October with the aim of offering innovative loans. By Will Henley
JPMorgan Asset Management has announced changes to its pricing structure across the UK OEIC range in what it says will offer transparency, simplicity and consistency.
Winterthur chief says review will help it attract more IFAs and boost business
Keydata has brought out issue 14 of its extra income plan, a capital-protected bond linked to two stockmarket indices.
Leeds Building Society2 Year Fixed Rate Mortgage
Lincoln Retirement Incomei2Live Retirement Plan
Animal Friends Insurance, the pet insurance specialist, is sacrificing a whopping 75 per cent of the commission it receives from its underwriter LV= to finance the life insurance discounts it now offers vegetarians and fish-eaters.
HENDERSON ROWEElite Henderson Rowe Dogs of The FTSE 100 Fund
Let's focus on demonstrating the advantages of advice over non-advice
Mellon Capital ManagementMellon Evolution Core Alpha Fund
Mellon Capital ManagementMellon Evolution Currency Alpha Fund
METEOR ASSET MANAGEMENTOrion
MitonOptimal says it has concerns about blackbox investment strategies and sold out of the JP Morgan Highbridge statistical market-neutral fund just before it fell by almost 7 per cent in less than a week.
The FSA is taking a look at multi-manager recommendations from advisers and is thought to have visited at least 10 firms.
As we approach the end of summer - and we know it is the end of summer not because of this volatile weather but because the shops are now stocking their new winter ranges - it is time to prepare for a period of change like has never faced financial services before.
NDF Administration7.25% Fixed Income Plan June 07
NDF AdministrationGrowth Kick Out Plan June 07
The Net-Work Meetings Limited has announced the launch of a membership-based standing conference for retail investment professionals.
New StarEuropean Value Fund
Knitting has never been a core competency of the Institute of Financial Planning as it is not seen as totally relevant to the development of the profession of financial planning. There might clearly be some lifestyle benefit to the hobby but I gather that it is all too easy to drop a stitch, meaning the whole thing has to be unravelled.
The recent global market volatility has sparked a barrage of opinions, predictions and speculation from City professionals all more than willing to offer their views ranging from “don’t panic” to dire warnings of a crash.
What a week it has been for the UK’s third biggest lender, Northern Rock. It has been at the centre of media focus with take-over speculation looming over its head.
Pink Home LoansAbbey Flexible Plus - Nine-Month Discount Remortgage
Pink Home LoansBM Solutions Buy To Let Three Year Discounted Tracker
Pioneer Friendly SocietyProfessional Income Protection
The senior management of Premier Asset Management has pushed through their proposed management buyout at the second attempt.
Aifa has questioned whether Retail Distribution Review proposals for mandatory higher qualifications will get past the European Commission and suggested they could create an anti-competitive market.
Alittle bit of everything in this article as I recount the historical progress within my own firm of the provision of various types of employee benefits. My personal specialisations are in pensions and investments but I have now quickly gained a decent working knowledge of small group life insurance, medical insurance and permanent health insurance schemes.
How independent can advisers remain under provider ownership?
Robert Reid will take over from Carole Nicholls as the next president of the Personal Finance Society.
Standard & Poor’s Index Services has announced the launch of two new STARS indices that provide investors with exposure to the top stock picks of S&P’s equity research analysts in America and Europe.
Scottish Widows BankOffset Two-Year Fixed Rate
Chris Salih says last week's market falls have split fund managers between those who believe there is more bad news to come and those who see buying opportunities amid the chaos
Peter Jordan, platform marketing manager at Skandia, looks at wrap requirements and says loss leading, “low cost” platforms should be treated with the suspicion they deserve
Skipton Building SocietyFlexible Three-Year Base Rate Tracker Capped Mortgage
SKIPTON BUILDING SOCIETYFlexible Three-Year Base Rate Tracker Capped Mortgage
Standard Life Investments has been appointed as a bond manager on The Pensions Trust’s UK gilt portfolio, following a restructure by the firm.
Giles Hargreave, manager of Marlborough special situations fund, has by far the best record of any UK fund manager. Since he started running the fund in 1998, it has risen in value by 862 per cent compared with a sector average of 135 per cent, turning a £1,000 investment into £8,620.
Splintered Films is aiming to raise £900m for the production of a psychological thriller, Splintered, through this enterprise investment scheme.
Standard Bank OffshoreStructured Growth Solutions - Blue Chip Booster Security Variant
Standard Life former chief executive Scott Bell died yesterday following a battle with cancer.
StanLibStandard South Africa Equity Fund
StanLibStanlib Africa Equity Fund
STANLIB has announced the launch of its standard South Africa equity fund and standard Africa equity fund, amidst a period of major volatility in global markets.
Stroud & Swindon Building SocietySelf-Cert 3-year Fixed Rate Mortgage
This week’s pensions news centred around heated debates over in specie contributions, annuity rates and what the stock market volatility could mean for with-profits.
New proposals could significantly reduce the number of taxpayers reporting chargeable lifetime transfers
Regulatory forces are pushing us to play safe with our money but it is only by taking risks that we can achieve our goals, says IFG Group UK chief executive Mark Bogard
Amid the market volatility, a flight to quality is needed, as it is the experienced managers with a few grey hairs who will best be able to exploit the opportunities that undoubtedly exist in the markets.
Exams on their own do not guarantee competence
With the RDR still very much at the heart of IFA concerns some new viewpoints have been voiced by representatives from SimplyBiz, Cavanagh Group and pi Financial Dixon Sutcliffe, breathing new life into the hot topic.
All advisers must unite to fight the catastrophic plans in the RDR
Funds under management of UK domiciled investment funds reached £456 billion in July, a fall of 1.6 per cent from June but 22 per cent higher than July 2006, according to IMA figures.
Martin Archer, legal and claims director at PI insurer Collegiate Management Services, believes that capital adequacy is less important than a company's reputation and calls on the advice industry to "grow up" on responsibility for rubbish products
Way GroupWay Income Plan
Way Fund Managers has revamped the Way income plan, a product it launched in 1998.
WoolwichFee Free Lifetime Tracker
WoolwichTwo Year Fixed Rate Mortgage
Jon Hopper, marketing and commercial development director for Openwork, argues the industry should invest more in new recruits and rely less on cannibalising existing resources