25 October 2006
Chief executive Simon Chamberlain set to pick up more than £5m
BCWA Healthcare has introduced Personal Health, an individual private medical insurance plan offering a mix and match range of five benefit options.
Close Property Investment is looking to raise up to £10m for the Eighth special opportunities fund, which is available as a limited partnership or exempt unit trust for pension investors.
ABN AMROBrazil Equity Fund
ABN Amro’s Brazil Equity Fund aims for growth by investing in Brazilian equities using socially responsible criteria.
Aegon Scottish Equitable has established a group Sipp aimed at employers with at least five employees.
Aegon Scottish Equitable International’s 5 for life is a unit-linked investment plan providing people who are at or near retirement with a guaranteed income from the age of 60.
Aegon Scottish Equitable International5 For Life
Many industry professionals believe that CF8 is merely a token move and does not address the real issues
Alliance & LeicesterPrime Buy To Let Two Year Fixed Rate
Alliance & LeicesterTwo-Year Base Rate Tracker
Altmann says legal precedent has been broken as 75,000 fight for £3bn in compensation
BarclaysGuaranteed Annual Income Equity Deposit Account - Issue November 2006
BarclaysGuaranteed Equity FTSE 100 Deposit Account - Issue November 2006
Barclays has brought out two structured products aimed at people with offshore life bonds.
BlackRock Merrill Lynch Investment ManagersTarget Return Fund
Britannia InternationalOptimum Growth Bond 17
British Insurance has brought out an income protection plan that differs from many plans on the market in its flat rate premiums for all applicants.
Matt Goodburn on the dangers and rewards of high risk investments
Winchester White director Aileen Croft questions the pay now, reap rewards later value chain for life cover and pensions and says a new model is long overdue
My annual pilgrimage to the West Country was a somewhat muted event on this occasion. True, it was as enjoyable as usual. The weather was kind(ish) and the turnout for the seminar at the splendidly sited Carlyon Bay hotel, if a little down on previous years, included a top line-up of local advisers. But I had to come clean, you see. It is possible that 2006 would be the last year in which I endeavoured to give the good folk of Devon and Cornwall the City's view on what was likely to happen ...
Chelsea Building SocietyCashback Plus Fixed Rate Mortgage
Chelsea Building SocietyHelping Hand 2 Year Tracker Mortgage
Cheltenham & GloucesterFive -Year Fixed Rate Mortgage
Cheltenham & GloucesterThree-Year Fixed-Rate Mortgage
Cheltenham & GloucesterTwo Year Fixed Rate Mortgage
Guy Anker asks whether churning is threatening the mortgage market
Stockbroking firm Collins Stewart has established the Aim Portfolio Service which aims to reduce potential inheritance tax liability and provide capital growth.
This week by personal finance reporter at The Daily Telegraph Faith ArcherMonday marked my first day back in the office after a week in New York celebrating an old friend's wedding.
Coventry Building SocietyExtra Light Full Status 6.5% Fixed rate
Coventry Building SocietyLight Self Cert 7% Fixed Rate
Coventry Building SocietyMOREgage 6.19% Fixed
Coventry Building SocietyNear Prime Full Status 6.1% Flexx Fixed Rate
DB MortgagesHeavy 1 Adverse Two Year Fixed Rate
DB MortgagesLight Adverse Three Year Fixed Rate
The healthcare and pharmaceutical sectors are creating new investment opportunities
Prudential’s new deferred self-invested personal pension is a Sipp that is structured as a fund option for Prudential’s flexible retirement plan.
FidelityFIF American Special Situations Fund
FidelityGlobal Property Fund
FidelityGlobal Special Situations Fund
Fidelity has launched its global special situations fund. which was formed from the division of Anthony Bolton’s Fidelity special situations fund.
Fidelity is reopening the £420m American special situations fund to new business three years after it soft closed the fund.
Fidelity has added a distribution fund to its range of multi-manager funds.The Fidelity multi-manager distribution fund provides diversification in terms of asset class and underlying manager.
First State has introduced the global property securities and Asian property securities funds.
First State InvestmentsAsian Property Securities Fund
First State InvestmentsGlobal Property Securities Fund
Non-conforming mortgage specialist Advantage, part of the Morgan Stanley Group, has brought out two mortgages under the Flexishare home ownership plan.
GAMGAM Star Asian Equity
'Lack of explanation on the risks on income withdrawal can have dire consequences for clients in their retirement'
Heritable BankBuy To Let Two Year Fixed With Extended Lock In
Heritable BankSelf- Cert 2 Year Discount
Heritable BankStatus Two Year Fixed With Extended Lock In
HSA has brought out its first cash plan focused on dental cover.
HSBC Bank InternationalBric Growth Fund - CSGF October 2006
HSBC Bank InternationalJapan Real Estate Fund - CSGF October 2006
HSBC International has brought out a capital-protected offshore Oeic that is linked to the performance of the DAX global Bric Index for five years.Investors in this fund will receive a full capital return at the end of the term regardless of the performance of the index, plus a minimum return of 9 per cent growth.
iFundsMFM iFunds ETF Global Growth Fund
iFunds, a franchise of Raymond James Investment Services, has crought out the MFM iFunds ETF Commodity Fund, a fund of funds investing mainly in exchange-traded funds.
JPMorgan Asset Management has brought out the JPM balanced total return fund, an Oeic which takes advantage of the greater flexibility allowed under Ucits III.
JPMorgan Asset Management has established the emerging markets alpha plus fund, a Luxemburg-domiciled Sicav that invests in a concentrated portfolio of 25-50 emerging market companies.
Jupiter is launching the Jupiter China fund for its latest recruit, former Gartmore head of global emerging markets Philip Ehrmann.
Firm sets up multi-tied advisory service to advise on lifetime loans, reversion and drawdown
Keydata Investment ServicesIncome Property Bond
King & Shaxson Asset ManagementGreen Solutions Fund
Kleinwort BensonCF KB Endeavour Balanced Total Return Fund - B
Kleinwort Benson has introduced two multi-asset absolute return funds for high-net worth and institutional investors.
Kleinwort BensonCF KB Endeavour Absolute Return Fund B
Private bank Kleinwort Benson and investment bank Dresdner Kleinwort have brought out two capital-protected Oeic funds, which aim for absolute returns by tracking volatility.
Legal & General has established a trustee investment plan that provides access to over 250 funds from 40 fund management groups.
The Lacomp British enterprise Fund 7 is an enterprise investment scheme fund that will invest in unquoted companies at an early stage of their development.
Leeds Building SocietyTwo Year Fixed Rate Mortgage
Creating a transitional serial interest by exercising a power of appointment should be carefully reviewed by most trustees
Global stockmarkets seem to have shaken off their summer worries over the past few weeks. With this change in mood has come not only new, or at least recent, highs for some of the world's major indices but, we believe, a fundamental shift in the type of stocks likely to lead further advances.
The Co-founder and managing director of Close Fund Manage-ment says he has been accused of being too evangelical in his concerns about aspects of the industry but there is no doubting his feeling concerning the 'huge savings dilemma' and the general failure of with-profits funds. Interview by Matt Goodburn
Matrix Structured Products has established the Matrix ascension plan 3, a capital-protected hedge fund.
Investment trusts have several advantages over unit trusts. Most investment trusts have beaten inflation over the past 10 years - and many of them both in terms of income and growth.
Morgan StanleyFTSE Simple Growth Plan 11
Morgan StanleyFTSE Protected Growth Plan 13
lender profile Guy Anker on the move of established lenders into specialist markets
Building societies Annie Shaw looks at the future for the mutuals in the home loan market following a wave of mergers
Nationwide Building SocietyTwo-Year Tracker
NDF Administration7.5% Annual Income Plan October '06
NDF Administration - NDF Growth Kick Out Plan September 2006
Neptune Investment Management’s global income fund was designed to enable investors to diversify income outside of the UK.
NM Rothschild & SonsDepositPlus 7
Norwich UnionGuaranteed Fund
Bee says the Government must outline how savers in Personal Accounts will be protected
Octopus Investment is aiming to raise up to £30m for the Octopus protected venture capital trust.
Pension specialist Hartley SAS has brought out the Lifetime Sipp, a self-invested personal pension that provides three investment options with different levels of charges
The far-reaching effects of the shift from defined benefit to defined contribution schemes
Pink Home LoansMortgage Express Buy To Let Fees Assisted Remortgage
Portman Buiilding SocietyFive Year Fixed Rate
Premier Cru Fine Wine Investments, a company specialising in fine wine portfolios has established a portfolio management service that is designed to pay off an interest-only mortgage.
Our panel assess the FSA's mortgage rules, the effect of a rate rise, the sub-prime market, proc fees and equity release
Product InnovationsAria Global Property Tracker+ 2
Product Innovations has brought out issue two of the aria global property tracker+ bond with Bank of Ireland Isle of Man.
The figure dwarfs previous estimates, which put the damage to pension schemes, caused by the Chancellor's decision to remove advanced corporation tax relief from equity dividends in 1997, at 40bn-50bn.
Royal London has adapted the best ideas style of investing to the bond market with the launch of its strategic bond fund.
Royal London Asset ManagementRLAM Strategic Bond Fund
Royal London has introduced a capital-protected bond that the company describes as an individually insured investment for the IFA market.
Schroders has established a Luxemburg-domiciled Sicav that invests globally in energy companies.
Scottish Widows BankTwo Year Fixed Rate Offset Mortgage
With both the Law Commission and the Scottish Law Commission taking an interest in the effect of non-disclosure on claims, it's likely that we will see a step change in the way non-disclosure is dealt with.
When it comes to delivering new and smarter ways to do business, protection has long been the product type that has seen the greatest innovation from providers. In November, the FTRC research team will begin the workshops in preparation for delivery of the 2007 Protection e-Excellence ratings.
Societe General Adequity has brought to the market the optimised income global tracker.
SG Adequity – Societe Generale’s open-ended structured product brand – has introduced the best asset protected fund to UK investors.
Fifty industry speakers and nearly 100 exhibitors will take part in Money Marketing Live at Manchester's G-Mex
Bristol & West International is offering the Silver Anniversary Bond, a guaranteed equity bond linked to the performance of four indices – the FTSE 100, S&P 500, Nikkei 225 and DJ Eurostoxx 50 index.
Skandia Investment Management has launched a UK best ideas fund, the second in its best ideas range.
Skandia Investment ManagementUK Best Ideas Fund
Skandia’s protected portfolio investment range provides capital growth linked to an equally weighted portfolio of five externally managed funds with varying degrees of capital protection and return over a six- year term.
Smith & Williamson is aiming to raise up to £8m through two share offers for the British Country Inns 2 enterprise investment scheme,
Smith & Williamson Investment ManagementBritish Country Inns 2
Societe Generale AdequityBest Asset Protected Fund
Societe Generale AdequityEnhanced Growth UK Tracker
Societe Generale AdequityOptimised Income Global Tracker
Gordon Brown's Budget changes have made choosing whether to invest in VCT or EIS a great deal more difficult
Standard Bank OffshoreStructured Guaranteed Solutions - Core Commodity Trigger November 2010
Standard Bank OffshoreStructured Guaranteed Solutions - European Property Growth
Standard Bank Offshore has brought out a structured product that is linked to an equally weighted basket of commodities for a four-year term.
Standard Life has purchased a 10 per cent shareholding in Simply Biz as part of the continued development of its distribution strategy.
Scottish Widows Investment Partnership has introduced a fund that enables British Muslims to invest in global equities without compromising their religious beliefs.
Thames River Capital has brought out a long/short European mid-cap equity fund, the Thames River Tybourne fund.
Speed is of the essence when you are working in an industry where the average house purchase takes 12 weeks. Admittedly, much of this is down to the grindingly slow legal system, but ensuring that a mortgage offer is achieved as quickly as possible helps speed things up.
A few weeks ago, a right-of-centre thinktank published a report in which it claimed to have identified a new social group which, to coin a phrase, it called the "ipod Generation".
The Way Group has designed an inheritance tax planning product aimed at people who have a high net income.
Fidelity's decision to reduce the higher initial charge it had imposed on the UK portion of its special situations fund has certainly rattled a few investment cages this week.
'Happy's the wooing that's not long a doing', said Benjamin Franklin which is sound advice for Standard Life still on the look out for a new finance director.
The Council of Mortgage Lenders was at the centre of proceedings this week after its attack on Home Information Packs.
Apparently the Egyptian queen Cleopatra was so monumentally peeved about her boyfriend, Antony, dying and the prospect of being ruled by the invading Augustus Caesar she committed suicide by allowing some poisonous asps to bite her.
The Treasury select committee was given its chance to scrutinise the FSA with chairman John McFall keen to hear more about the regulator's plans to follow up Callum McCarthy's recent landmark Gleneagles speech.
UCB Home LoansBuy To Let Standard 5-Year Tracker
UCB Home LoansSelf-Cert Standard 3-Year Tracker
What an exciting time to be involved with the IFP, after an excellent conference where the new joint venture with Manchester Metropolitan University (MMU) was announced. The conference was oversubscribed and there was a tremendous atmosphere.
Lenders pay intermediaries to kill off remortgage market
Britishinsurance.com managing director Simon Burgess on why large-scale changes in PP are needed
Zurich Financial ServicesGuaranteed Capital Account