29 March 2006
Friendly societies could open the way for workers in high-risk occupations to take out sensible and reasonably priced income protection, says Highclere Financial Services partner Alan Lakey
ABBEY/KNIGHT FRANKCapital Guaranteed Residential Property Bond
Providers stop writing new trust business as industry awaits IHT details in Finance Bill
Concern about PTA being sold without advice, on the back of the available tax relief, where it may not be suitable'
Allianz Global InvestorsAllianz RCM Bric Stars Fund
The Budget raised more questions than it answered, says Guy Anker
Chancellor Gordon Brown's Budget decision to cut the gross asset threshold on venture capital trusts has overshadowed his expected move to cut income tax relief from 40 to 30 per cent.
The Conservative Prime Minister Harold Macmillan was asked by a young journalist after a long dinner what can most easily steer a Govern-ment off course, he answered: "Events, dear boy, events."
Gordon Brown's axing of potentially exempt transfers in trust turns the screw even tighter on thousands of families trying to keep down their inheritance tax bills.
Commercial loans Nicola York looks at the prospects for residential mortgage brokers branching into commercial loans, as a US lender arrives on the scene with offers of help in accessing the smaller loan market
This week by freelance financial and racing journalist Andrew Michael
Downing Corporate Finance is topping up the Northern 2 venture capital trust.
Government burden would be no more than 150m a year,' says independent consultant
The search for profit is leaving more people unable to get suitable cover
F&C believes its funds of hedge funds could be an ideal base for the proposed FSA-authorised funds of hedge funds because the investment process already fits the FSA's guidelines.
One of the joys of my job is proving wrong those who knock our profession. Another is delivering change when sceptics have told me I am foolish for even trying. Just recently we have seen just such a case in point.
A financial planner is like a personal trainer helping to get their clients' affairs into shape
First-time buyers used to be the bread and butter of the mortgage market but as young people find it harder to get a foot on the property ladder, lenders are having to develop specialist products to help them take the first step.
First State InvestmentsFirst State Asia Pacific Sustainability Fund
First State Investments has brought out the First State Asia Pacific sustainability fund that applies socially responsible investment principals to the Asia Pacific region excluding Japan.
The offshore sector expected the Chancellor to bring in changes to corporation tax and CGT but Gordon is never so predictable. It was IHT which grabbed his attention this time.
Friends Provident InternationalFPIL HSBC Amanah Global Equity Index Fund
The Budget contained little help for first-time buyers
Lender profile Guy Anker says HBOS has rubbished claims that it is not committed to intermediaries and is unfazed by staff exits
Last week, the fifth annual Citywire survey of the UK's best fund managers hit my desk. I am not sure how many fund managers form the universe from which Citywire chooses the real stars. However, based on its contention that only around 5 per cent of those surveyed make it into the much-coveted AAA category, close to 1,000 would appear to be eligible.
Software, pharmaceuticals, financials and consumer stocks are tipped to drive India's stockmarket higher
JO Hambro Capital ManagementJOHCM Continental Select Values Fund
Our panel consider HBOS's commitment, regulation for packagers, the equity-release sector and premium-loaded products
Morgan Stanley Investment ManagementSicav Emerging Markets Debt Fund
Morgan Stanley Investment ManagementSicav Euro Bond Fund
MORGAN STANLEY INVESTMENT MANAGEMENTSicav Euro Corporate Bond Fund
Morgan Stanley Investment ManagementSicav European Equity Fund
Morgan Stanley Investment ManagementSicav European Value Equity Fund
As an industry, we still do not seem to be delivering a clear and confident message to consumers about where they should be going for mortgage advice. This was brought home to me recently in a live radio call-in programme when we were asked where to go for good "independent advice" on mortgages.
Structured product specialist Product Innovations has introduced a capital-protected bond linked to the performance of a globally diversified multi-asset class portfolio.
Multi-manager providers are keen to highlight the virtues of their discipline to intermediary firms, citing time pressures, regulatory issues, costs and resources among the many reasons an adviser should consider outsourcing investment management responsibilities. And, of course, many do. However, I am becoming aware of more and more firms that are either loath to relinquish this particular function or do so with a sense of reluctance.
Networks Nearly 18 months after M-Day, ARs will be reassessing their networks, says Mortgage Intelligence managing director Sally Laker
Norwich Union Norwich Union Sipp
The IFA community is seen as a soft touch when it comes to dumping liabilities
F&C UK opportunities fund manager is a big fan of the classic film 12 Angry Men and the jury looks like delivering a favourable decision on the early performance since he and his team of equity experts moved from DWS last autumn. Interview by Nicola York
In the hands of a skilled jockey, derivatives can improve the odds on a fund performing strongly
Principality Building SocietyTwo Year Fixed Rate Mortgage
Product InnovationsAria G7D Flexible Deposit
Aviva's attempted takeover of Pru has many implications
Numbers affected by inheritance tax are predicted to increase by around 10 per cent a year
Fixed-interest specialist Royal London Asset Management plans to offer more funds later this year and anticipates interest from multi-managers looking to diversify, despite the market's shift to equities.
It's the Isa season, so cue a stampede of unintelligible fund advertising trying to persuade a confused public to avoid following the herd when it comes to this year's big investment, says cchm:ping chairman Lucian Camp
Standard Life Healthcare’s EspritHealth range consists of two individual private medical insurance plans designed for the over 55s.
Standard Life HealthcareEspritHealth
Standard Life Healthcare EspritHealth Saver
The FSA has tabled radical proposals to shake up funding for the Financial Services Compensation Scheme funding which will effectively reinstate provider subsidies and could see costs fall for advisers.
Two weeks ago, I looked at how Barclays is deploying technology in a bid to make it vastly easier for advisers using its Select Choice package to give advice and submit business. This is vastly superior to the technology available to the vast majority of IFAs.
T Bailey says it will avoid funds that combine equities and bonds in its cautious managed portfolio set for launch in May to police the 60 per cent limit on equity holdings.
This year is my 50th and as my friends reach the same age, we embark on the difficult task of determining where we should head to celebrate this milestone.
What are the conditions necessary to establish whether or not a contract is a policy of life insurance?
Threadneedle InvestmentsGlobal Emerging Market Equity Fund
UCB Home LoansBuy-to-Let Two-Year Flexible Fixed Rate Options
Some of the best venture capital trusts, such as Close Brothers IHT Aim VCT, are already fully subscribed so, if you are still considering which VCTs to recommend this tax year, it is vital to act now.
Four leading industry figures give their reactions to Chancellor Gordon Brown's Budget changes to VCTs
The WoolwichThree Year Capped Rate Mortgage