Money Marketing
23 May 2007

  • Cummings wants FSA expenditure review

    24 May 2007

    Association of Mortgage Intermediaries director general Chris Cummings is calling for the National Audit Office to conduct a formal review of the FSA's expenditure.

  • Davy to meet the Queen

    24 May 2007

    Ambassador of Huddersfield and SimplyBiz chairman Ken Davy will meet the Queen this week when she visits the town's new Media Centre. Davy will explain the positive impact that the Galpharm Stadium and the partnership between the stadium, the town's major sporting clubs and Kirklees Council have had on Huddersfield.

  • "Selestia Investment Solutions" platform will launch in July

    23 May 2007

    Skandia and Selestia's combined fund platform will launch in July under the name Selestia Investment Solutions.

  • £100,000 cap for FOS binding awards confirmed by High Court

    25 May 2007

    The High Court has confirmed today that it does not have the power to make a binding award requiring a redress payment in excess of £100,000.

  • A Shaw thing

    24 May 2007

    Sam Shaw is a reporter on Money Marketing

  • ABI proposals not up to the challenge

    24 May 2007

    Money Marketing printed my comments on the May 3 edition concerning the ABI's proposals. This was before I saw the excellent piece by Paul MacMillan outlining the ABI's 10 proposals.

  • Abroad view

    24 May 2007

    It is reported that a large proportion of funds in the Investment Management Association's UK equity income sector are failing to meet the minimum yield target of 110 per cent of the FTSE All Share index. This is a consequence of the shrinking universe of firms with above-average yields.

  • Absolute return chief for Suisse

    24 May 2007

    Credit Suisse has appointed Tim Sweeting as head of institutional distribution for absolute return strategies for asset management in Europe.

  • 'Absolute returns the next big thing'

    24 May 2007

    Gartmore deputy head of multi-manager Marcus Brookes believes that 130/30 and 140/40 funds are likely to be the next big fund trend.

  • Adviser Fund Index

    24 May 2007

    The Adviser Fund Index panellists made significant changes to the Aggressive index in this month's rebalancing. The number of constituent funds rose from 109 to 124, with 21 funds ejected and 36 brought in.

  • Aegon bond fund goes monthly with income

    24 May 2007

    Aegon Asset Management is to increase income payments on its high-yield bond fund to a monthly basis in the summer.

  • Aegon looks for wider margins

    24 May 2007

    Aegon UK says it plans to diversify into highermargin products and add scale by penetrating new distribution channels. It says it is currently ahead of its 2010 target plans to achieve a value of new business margin of at least 20 per cent and an overall market share in life and pensions of at least 10 per cent by 2010.

  • Aegon's 5 for Life on Barclays' panel

    24 May 2007

    Aegon's 5 for Life annuity product has been added to Barclays' select choice multi-tie panel, giving its 900 advisers access to guaranteed income throughout retirement.

  • Analysts split over consolidation deal

    24 May 2007

    Friends Provident's 75m acquisition of Sesame has had a mixed reaction from analysts.

  • Appliance of science

    24 May 2007

    Critical-illness insurance payouts should reflect the medical capabilities of the moment.

  • Are Hips home and dry?

    24 May 2007

    Tanya Powley reports on the 11th-hour bids to halt Hips.

  • Arlington shows sense of adventure

    24 May 2007

    Property investment manager Arlington Securities is set to launch an adventurous fund of funds in the next three to four months.

  • Back to the Future

    24 May 2007

    One MM hack had blonde moment at The Future of Life Assurance conference last week when, after registering for what she thought was the correct meeting, she walked into a conference room surrounded by a sea of film cameras, press, photographers and delegates.

  • Balls puts pressure on reluctant states

    24 May 2007

    Treasury Economic Secretary Ed Balls has attacked the majority of EU member states for failing to have transposed Mifid, warning that they are undermining European competitiveness.

  • Bear hunt

    24 May 2007

    Many commentators and experts continue to be relatively bearish on equity markets. It is not difficult to see their case. A possible bubble in the Chinese A-share market could easily burst and highly leveraged positions in private equity and hedge funds could suddenly go into reverse. Either of these could have a dramatic effect on global markets.

  • Bee plea rejected as debate is derailed

    24 May 2007

    The Government has accused critics of personal accounts of undermining the interests of low to middle-earners in its response to pension guru Steve Bee's online petition.

  • Bellamy appointed as SJP chief

    29 May 2007

    David Bellamy has been appointed chief executive of St James's Place with immediate effect.

  • Board of trustees will run personal accounts

    25 May 2007

    Work and Pensions Secretary John Hutton says that appointing a board of trustees to run personal accounts will be absolutely critical if the scheme is to be a success.

  • Braemar bolster team with new account manager

    24 May 2007

    Braemar Group plc has appointed Niall MacKinnon as senior account manager

  • Broker Talkback

    24 May 2007

    Do you agree with Hargreaves Lansdown that the open market option should be the default for people buying an annuity?

  • Bulk annuity service aims at blue chips

    24 May 2007

    Aegon and UBS Global Asset Management are joining forces to create a bulk annuity company that will look to buy out the pension schemes of blue-chip companies.

  • Buybacks hit seven-year high

    24 May 2007

    Analyst claims arbitrageurs are causing concern but Witan denies suggestions that investment trusts are 'sleepy'.

  • Cazalet knocks IFAs' profitability

    24 May 2007

    Ned Cazalet has provoked an angry reaction from IFAs after claiming that Hargreaves Lansdown is the only IFA firm that makes a decent profit.

  • City Financial has stars in its eyes

    24 May 2007

    City Financial's multi-asset multi-manager funds have invested in two new boutique funds from PSigma Asset Management and Asian hedge fund specialist Coupland Cardiff on the strength of the managers' track records with bigger investment groups.

  • Clash over conflict of interest in wrap shares

    24 May 2007

    Advisers do not run the risk of conflicts of interest by receiving shares in a wrap, according to Helm Godfrey managing director Bruce Wilson.

  • Collins appointed to New Star Tri-Star unit trust

    29 May 2007

    Edward Collins has been appointed to manage the equity portion of the New Star Tri-Star unit trust.

  • Commission and the ABI

    24 May 2007

    Money Marketing editor John Lappin replies to criticism from the ABI.

  • Cornish elected as new BSA chairman

    24 May 2007

    Yorkshire Building Society chief executive Iain Cornish has been elected BSA chairman for 2007/08 replacing Norwich and Peterborough Building Society chief executive Matthew Bullock.

  • David Child

    24 May 2007

    Vertex's managing director of life, pensions and distribution helped foil a multi-million-pound forgery fraud when he worked for the Bank of England but has so far been outfoxed by foxes on his farm. He can console himself in the knowledge that his company leads the way with IFA technology solutions and the next step is expansion beyond the UK. Now his dream product is a commission and statement process. Interview by Sam Shaw.

  • Dead Aim

    24 May 2007

    A widower seeking to minimise IHT on his estate would do well to consider a portfolio of Aim shares.

  • Dearth by chocolate

    24 May 2007

    Nicolas Sarkozy's clear win in the French presidential elections should bring many reforms that lead to strong gains for the French equity market.

  • Direct Life sets up broker with Fool

    24 May 2007

    Direct Life & Pensions Services and Fool.co.uk have linked up to launch a life insurance brokerage called The Motley Fool Life Insurance Service.

  • Distribution review set to call for clear segmentation of advice, says FSA

    24 May 2007

    The retail distribution review is likely to call for a clear graded segmentation of advice from financial planner through to transactional-based advisers and down to a simplified advice service, says the FSA.

  • Edeus launches new products for PMS members

    29 May 2007

    Edeus has launched four products which will be available to Premier Mortgage Service members.

  • Elephant lumbers along as advisers call for re-reg

    24 May 2007

    Fidelity FundsNetwork says it is working towards offering re-registration and is confident it will be the big winner of re-registered business when the problems are sorted out.

  • Exemption to the rule

    24 May 2007

    We need answers on how schemes are exempted from personal accounts.

  • F&C to sponsor Premiership newcomers

    25 May 2007

    F&C has announced that it is to sponsor newly promoted Birmingham City in next year’s Premiership.

  • F&C won't mix green with multi-manager

    24 May 2007

    F&C says it is not tempted to combine its multi-manager experience with its ethical expertise by launching an ethical fund of funds despite greater awareness of issues such as climate change among investors.

  • Factory gate price is right

    24 May 2007

    Prudential distribution director Dave Harris explains how factory gate pricing works and the advantages that it offers for clients and advisers.

  • Fagan to lead L&G offshore push in Dublin

    24 May 2007

    Legal & General International has recruited David Fagan to head its Dublin business and will be launching two offshore products this year.

  • Fair game for Fofs

    24 May 2007

    After the last bear market gave multi-manager the kickstart that has doubled growth in the last three years, funds looks set to benefit further from the treating customers fairly requirements. Neal Underwood looks at how the sector plans to progress.

  • Fidelity special sits succession

    24 May 2007

    Chris Salih focuses on some of the main funds competing in the special sits sector and examines how their managers are rated by investment advisers.

  • Friends happy to take on Sesame liabilities

    24 May 2007

    Friends Provident says it is not concerned about Sesame's future liabilities despite the uncertainty over the figure reported by the network last summer.

  • Friends raises the stakes

    24 May 2007

    Friends Provident's swoop for Sesame and high-net-worth IFA Pantheon marks a huge change in strategy for the life office on distribution but its rationale is unclear. It had restricted itself to buying stakes in businesses, like many other insurers.

  • FSA alert over focused advice

    24 May 2007

    Many advisers are unaware that they can offer focused rather than full advice for product-specific enquiries, causing advice gaps in areas such as with-profits, says the FSA.

  • FSA cautions advisers over equity-release commitment

    24 May 2007

    The FSA says intermediary firms should stay out of the equity-release market if they cannot commit significant resources to back a push into this area.

  • FSA may turn to plan B if Mifid move is rejected

    24 May 2007

    The FSA is drawing up contingency plans in case the European Commission rejects its request to retain the payment menu and initial disclosure document under Mifid.

  • FSA warns again of US-style sub-prime downturn

    23 May 2007

    The FSA has reinforced its warning that the UK sub-prime market could go the same was as the US market and that lender vulnerability is beginning to show through.

  • FSA warns small IFAs they are on its radar

    24 May 2007

    The FSA has warned small adviser firms that they are not beneath the regulatory radar and cannot escape its attention.

  • FSA wraps up split-cap probe

    24 May 2007

    The FSA has ended its five-year investigation into split-capital investment trusts after reaching a deal with four individuals that restricts their roles in the industry for various periods.

  • Generic code

    24 May 2007

    Which? and IFAs make unusual bedfellows. The fact that they have both condemned the ABI's proposals to the FSA on distribution has to be seen as further evidence of quite how much the trade body has lost the plot.

  • Hargreaves slams 'commission leapfrog'

    24 May 2007

    Hargreaves Lansdown chief executive Peter Hargreaves has waded into the debate on commission, accusing life companies of creating the problem by playing "commission leapfrog" to drive advisers into their sub-standard products.

  • Hedging your bets

    23 May 2007

    Steeped in incongruity, 130/30 funds have been labelled everything from "the optimal investment solution" to the "worst of both worlds" as they hang on to the coattails of hedge funds to become a mainstream product in the investment arena.

  • Higher rents boost yields on buy to let

    24 May 2007

    Buy-to-let activity has remained consistently strong despite concerns over rising borrowing costs.

  • Hip bone of contention

    24 May 2007

    With home information packs just a week away, fears are growing that they will put off people from testing the market.

  • Hip saga rumbles on

    25 May 2007

    Little did I know that I would be writing about Home Information Packs here for the second week running but with just one week to go, the Government made a humiliating last-minute climbdown on Tuesday delaying the packs for two months.

  • Home run

    24 May 2007

    Helen Pow reports on how the base ball is being batted around by the Bank of England.

  • Hopkinson to project life and pensions

    24 May 2007

    Chris Hopkinson has joined LV= as head of national accounts for its intermediary division.

  • HSBC says corporate pension schemes are already working

    24 May 2007

    HSBC says it does not see the need for personal accounts because corporate pension schemes are working already.

  • IFA banned for leaving clients without cover

    24 May 2007

    The FSA has banned Powell Price director Nigel Layton after finding him guilty of failing to pass on premiums to insurers and leaving clients uninsured.

  • IFA zeroes in on Widows with-profits

    24 May 2007

    An IFA has sent a letter to Scottish Widows chief executive Archie Kane asking him to explain why the firm's with-profits fund has had a zero bonus rate for the last four years despite being invested over 50 per cent in equities.

  • IFAs told not to neglect WP clients

    24 May 2007

    The FSA is warning advisers not to overlook the ongoing advice needs of with-profits clients.

  • IMA announce new chairman

    23 May 2007

    The Investment Management Association has appointed F&C Asset Management's Robert Jenkins as the group's new chairman, replacing Threadneedle's Simon Davies with immediate effect.

  • It's a wrap...

    24 May 2007

    Why do we use Transact? Well, we are one of the lucky ones in that we discovered wraps early on in the development of our business. We knew then that there had to be a better way to administer our clients' investments than dealing with individual investment houses on individual holdings for individual clients.

  • James Hay adds new funds to platform

    29 May 2007

    James Hay has announced the addition of five new funds to its wrap platform.

  • Jupiter secures buy-out loan

    29 May 2007

    Jupiter Asset Management has agreed a 425m covenant-light loan to move a step closer to buying out its German owners Commerzbank.

  • Just 36% say FOS decisions consistent

    24 May 2007

    Only one-third of firms believe that the Financial Ombuds-man Service's decisions are consistent and just over half say its decisions are fair and unbiased, according to the FOS's own research.

  • Kerr gets new role to develop distribution for Widows

    24 May 2007

    Scottish Widows has appointed Robert Kerr to the newly created role of head of distribution development.

  • Land check looks for Sipp problems

    24 May 2007

    Environmental risk management firm GroundSure has set up a service for Sipp clients investing in commercial property.

  • Leaked email warns ABI firms over leaks

    24 May 2007

    An email warning ABI members not to leak information on meetings with the Government has been leaked to Money Marketing.

  • Leeds subsidiary to target expats

    24 May 2007

    Leeds Building Society has launched subsidiary Leeds Financial Services Overseas as an appointed representative of Tenet's Interdependence network to help service the expatriate community with UK-based financial advice.

  • 'Life offices created the savings gap'

    24 May 2007

    Financial advisers that rely wholly on group personal pension business might as well sell up now because of the threat posed by personal accounts, according to Syndaxi Financial Planning managing director Robert Reid.

  • Lifetime shuns sales to improve service

    24 May 2007

    The Norwich Union-owned platform has also increased the minimum single contributions to its Sipp from £100,000 to £250,000 to deter inflows from current adviser users and enable it to work through an existing backlog.

  • Lighthouse launches mortgage packaging service

    29 May 2007

    Lighthouse Group has today launched a mortgage packaging service and support desk.

  • Lincoln launches new retirement planning service

    29 May 2007

    Lincoln Financial Group has announced the launch of Lincoln i2Live, the company’s latest foray into the UK retirement planning market.

  • Loan star

    24 May 2007

    Technical Connection's John Woolley explains how loan trusts can offer simple and effective inheritance tax planning.

  • Magic numbers

    29 May 2007

    Good news for the protection industry for once. After a slew of bad press in recent weeks, notably on Watchdog and in Which?, critical illness insurance came up trumps in the Financial Ombudsman Service’s annual review with a drop in the number of complaints received about the product.

  • Matters of interest

    24 May 2007

    For bond managers, house price growth is a useful indicator of future movements in the base rate.

  • Millfield declared in default

    24 May 2007

    Millfield Partnership Limited has been declared in default by the Financial Services Compensation Scheme, with around 150 claims now eligible for payment.

  • Mixed reception as Frontini takes over Euro fund

    24 May 2007

    Financial Express is backing Fidelity's decision to replace Sanjeev Shah on its 1.8bn European aggressive fund with Mario Frontini.

  • Money Marketing scoops best trade paper award

    24 May 2007

    Money Marketing won a smorgasbord of awards at this year’s headlinemoney personal finance awards, held at the Royal Lancaster hotel in London.

  • Multi-manager chief Kelly quits at Abbey

    24 May 2007

    Abbey head of client investment John Kelly has left the firm with immediate effect.

  • Multi-managers are wary of fixed interest

    24 May 2007

    A number of leading multi-managers are becoming increasingly bearish about fixed interest and are favouring cash holdings in their cautious managed portfolios.

  • Mutuals lead on with-profits

    24 May 2007

    Mutual societies are outperforming plc life companies when it comes to with-profits by as much as 26 per cent, according to the latest survey carried out by Investment, Life & Pensions Moneyfacts.

  • New tools change face of fixed interest

    24 May 2007

    Standard & Poor's says the wider investment powers available to fixed-interest vehicles are changing the risk profile of the sector.

  • NU cuts protection rates

    23 May 2007

    Norwich Union has announced protection price cuts across its mortgage, life insurance and term assurance range.

  • Nuts in May

    24 May 2007

    Having returned to these damp and cool shores from sunnier climes, there has been a lot to catch up with. It was a mixture of good news and bad news.

  • Online income protection offer

    24 May 2007

    Price comparison website Moneysupermarket will allow consumers to compare deals on income protection by the end of the year.

  • Open sesame

    24 May 2007

    Life industry analyst Ned Cazalet says Friends Provident could be seeking a door into the wrap market by buying Sesame. By Nicola York.

  • Opposition parties say Hip ‘incompetence’ will cause more confusion

    23 May 2007

    The Government’s last minute Hip U-turn will just create more confusion say Opposition Parties, with the Tories calling for a radical rethink of the policy.

  • Out of Context

    24 May 2007

    "Wait till I've had a few drinks and then you'll not stop me showing all the baby pictures."

  • Over half of advisers confused on Sipps

    23 May 2007

    Over half of advisers are confused about the effects of recent Sipp regulation, according to research from Merchant Investors.

  • Parliamentary Ombudsman’s Equitable report delayed again

    23 May 2007

    The Parliamentary Ombudsman has announced a further delay to its investigation into the prudential regulation of Equitable Life.

  • Paternoster says DB buy-out costs have fallen

    24 May 2007

    Paternoster says the cost of buying-out pension liabilities for UK companies has reduced significantly over the past 18 months.

  • Pension gurus come together in Nice

    24 May 2007

    This week the pensions industry glitterati descended on Nice for the first Money Marketing Retirement Summit. Attendance at the Cannes Film Festival, just 20 minutes down the road, plummeted as screaming fans bundled into Nice to catch a glimpse of their favourite pensions guru.

  • 'Personal accounts a recipe for conflict'

    24 May 2007

    The Association of British Insurers says the Government is failing to live up to its promise that pension personal accounts will not compete with existing provision.

  • Phizackerley ruling will effect all trusts making loans to beneficiaries

    25 May 2007

    The recent high profile Phizackerley ruling on inheritance tax and will trusts has far-reaching implications for all trusts making loans to beneficiaries, warns Skandia.

  • Plan of action

    24 May 2007

    If one of your business clients called you a hypocrite, would you have a leg to stand on?

  • Policyholder ejected from Standard Life AGM

    29 May 2007

    A policyholder had to be forcibly ejected from Standard Life’s AGM after causing a disturbance by handing out leaflets to shareholders and shouting before the meeting was due to commence. Barry Trott was protesting about Standard Life having not paid out a £200,000 claim on his critical illness policy and handed out copies of correspondence between the life office and Trott detailing his battle to receive a payout. Standard Life rejected Trott’s claim for heart surgery ...

  • Portman and Nationwide confirmation hearing to take place June 7

    23 May 2007

    The confirmation hearing for the proposed merger of Portman Building Society with Nationwide Building Society will take place on June 7, the FSA says.

  • Power cuts fuel fall in inflation

    24 May 2007

    Inflation will fall back sharply to below the 2 per cent target over the next year as the effect of lower domestic energy price inflation feeds through, says the Bank of England's quarterly inflation report.

  • Practitioners fear review could dent public confidence

    24 May 2007

    The Financial Services Practitioner Panel has warned the FSA that some of its comments on the retail distribution review risk undermining market confidence and prejudging the outcome.

  • Price helped shape career

    24 May 2007

    As one of the female IFAs who benefited from the approach taken at Fiona Price & Partners before its untimely demise at the hands of Destini/Thinc, I wish to respond to Christina Skinner's letter.

  • Price hits back in row over women in industry

    24 May 2007

    IFA Fiona Price has responded to criticism in last week's Money Marketing over accusations of her belittling women in the debate on how to encourage them to enter the industry.

  • Prince ascends the throne

    24 May 2007

    Now special sits is settled, Fidelity needs to take a look at its other funds.

  • Pru and NU start to axe agencies

    24 May 2007

    Major life companies take action on low business persistency rates.

  • PSigma Investment Management adds Quilter trio to private client business

    23 May 2007

    PSigma Investment Management, the bespoke private client investment management specialist, has appointment a trio of fund managers from Citigroup Quilter as part of its continued drive into the private client market.

  • Radical departure

    24 May 2007

    It is probably fair to say I have not been the Association of British Insurers' biggest fan over the years. In my view, and that of almost all journalists I have spoken to, the insurers' trade body is one of the most defensive and outdated organisations in this industry.

  • Resolution sees bull rampaging to 2009

    24 May 2007

    Resolution Asset Management chief investment officer for UK equities Peter Reid believes the FTSE 100 will break its all-time high of 6,930 next year, with the bull market set to continue until at least 2009.

  • RICS' court challenge forces Kelly to delay Hips

    24 May 2007

    The Government has made a dramatic U-turn by delaying the introduction of home information packs by two months just a week before they were set to be introduced.

  • Rival funds compete for special sits cash

    24 May 2007

    With some investment advisers having put Fidelity special sits on hold this week, Chris Salih says some of its rivals are stepping up their marketing campaigns.

  • Rollercoaster ride ends up with pension schemes in surplus

    24 May 2007

    UK pension schemes have moved into surplus for first time in over five years, according to research from Aon Consulting.

  • Schroder global equity income receives A rating

    25 May 2007

    Schroder's new global equity income fund has been awarded an A rating from Standard & Poor's.

  • Second wave of final salary closures on way unless Government acts, says ACA

    25 May 2007

    A second wave of final salary closures is on its way unless the Government brings in legislative changes to encourage more shared risk schemes, says the Association of Consulting Actuaries.

  • Seven up for Threesixty's adviser incentive scheme

    24 May 2007

    Threesixty has signed up Seven Investment Management to its new adviser incentive scheme, Platform Profitshare.

  • Shah and Bolton speak to MMTV

    24 May 2007

    Sanjeev Shah and Anthony Bolton speak to MMTV. Click here to view:http://www.moneymarketing.co.uk/mmtv.html

  • Sipp tax claims may spark Govt rethink

    24 May 2007

    Hornbuckle Mitchell says rocketing tax relief being reclaimed by specialist Sipp providers since A-Day should prompt the Government to review the borrowing limits on clients using Sipps for buying commercial property.

  • Skandia warns that full wrap launch will fail

    24 May 2007

    Companies trying to launch straight to the market with a full wrap proposition will fail, says Skandia UK chief executive Brett Williams.

  • Special brew

    24 May 2007

    Considering the factors that led to the decision in the case of Smith and others versus HMRC.

  • Standard Life attacked over endowments

    29 May 2007

    Outgoing Standard Life chairman Sir Brian Stewart came under fire from shareholders over the performance of the life office’s endowment policies at the first AGM since it became a listed plc.

  • Standard Life holds first AGM since demutualisation

    29 May 2007

    Standard Life held its first AGM as a listed plc today in Edinburgh which saw Sir Brian Stewart officially step down as Chairman.

  • Sting in the retail review

    24 May 2007

    It never falls to amaze me when just before a major seismic shift in the retail financial services sector, we witness two networks being bought at a premium price.

  • Swip picks Euro equity specialist

    24 May 2007

    Kathleen Dickson is joining Scottish Widows Investment Partnership from Baillie Gifford in the newly created role of European equity product specialist. Dickson will work on developing Swip's European equity and Reit funds.

  • Taking the wrap

    25 May 2007

    While my esteemed colleagues were off sunning themselves, sorry, I mean scouring les rues of Nice for pension stories at our Retirement Planning Summit some of us were stuck in London covering the home turf. I’m not bitter though, as the sun was shining in London for a change.

  • The cutting edge

    24 May 2007

    James Phillipps analyses core holding Baring European growth fund.

  • The judgement of Caris

    24 May 2007

    The ABI's latest crackpot scheme is an admission of members' shortcomings.

  • The remains of the delay

    24 May 2007

    Punitive tax charges may make many Sipp and SSAS holders rethink the delaying tactics which were intended to see their pension funds become estate planning vehicles, says IPS Pensions managing director Rupert Curtis.

  • Thinking caps

    24 May 2007

    It was great to see BM Solutions launch a capped range of buy-to-let rates. To the best of my knowledge, it is the first major lender to offer this range of products for landlords.

  • Thompson set to leave Resolution

    24 May 2007

    Resolution Asset Management UK property fund manager Sandy Thompson has quit the firm.

  • Timms mooted as Pensions Secretary

    24 May 2007

    The financial services industry is preparing for major changes in the reshuffle following Gordon Brown's succession as Prime Minister on June 27.

  • We need new way to cool economy

    24 May 2007

    With around 70 per cent of borrowers being on a fixed rate, how effective are bank base rate moves at curbing spending and cooling the economy? With only three out of every 10 people seeing an increase in their mortgage payment next month, how quickly will people's propensity to spend be affected?

  • Web woes add to Halifax frustrations

    24 May 2007

    Halifax has come under fire over its levels of service, with brokers complaining of not being able to reach its business development managers.

  • Which? wants personal accounts contribution cap scrapped

    24 May 2007

    Which? has called for the removal of the proposed contribution cap on personal accounts and suggests if there has to be one it should be higher than £3,000.

  • Widows looking to remove trust board

    24 May 2007

    Scottish Widows is looking to remove the board of the £500m UK balanced property trust after it moved its mandate to Cordatas Partners, a firm set up by former head of Swip property funds Tom Laidlaw and his one-time deputy Mike Channing.

  • Will the walls come tumbling down?

    24 May 2007

    The forthcoming closure of one of the oldest retail technology funds in the UK market, Aegon technology (formerly known as Scottish Equitable technology) brings to mind the old debate of whether tech was really the investment of the future or simply a marketing gimmick.

  • Wriglesworth in misselling warning on two-year fixes

    24 May 2007

    Housing economist John Wriglesworth has warned that brokers could face future misselling claims if they advise clients to take out two-year fixed-rate products in the current market climate.

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