Money Marketing
5 September 2007

£10,500 Fine for homeloan firm

6 Sep 2007
A different story

6 Sep 2007

I have been spending time, probably too much time, dissecting the propositions in the RDR document.
A Shaw thing

6 Sep 2007
ABI wants to axe sex exemption

6 Sep 2007
Advisers say independence is down to product range, not remuneration

6 Sep 2007
Advisers stamp on postcode annuities

6 Sep 2007
Aifa attacks RDR independence logic

10 Sep 2007

Aifa has attacked the lack of logic behind the Retail Distribution Review and reaffirmed that whole of market advice is an essential condition for independence.
Aifa jubilant as FSCS reforms get go-ahead

6 Sep 2007
Aifa warns advisers with clients abroad on Mifid compliance

11 Sep 2007

Aifa has warned advisers with clients residing abroad they must ensure they are operating within the confines of Mifid after receiving confirmation on cross-border definitions from the FSA.
Arc building on wealth with Throgmorton buy

6 Sep 2007
Axa UK acquires employee support specialist ICAS

6 Sep 2007
Balance-sheet firms could be left exposed

6 Sep 2007

'Lenders will be watching to make sure they will not be the only one on the merry-go-round'
Bank of England moves to ease UK liquidity crunch

5 Sep 2007
Base rate to stay at 5.75 per cent this month

6 Sep 2007
BDMs in the balance

6 Sep 2007

Tanya Powley analyses whether securitisation lenders blocking business in the sub-prime aftermath will see BDMs move to balance-sheet firms
Bearing up in volatile markets

6 Sep 2007
Bowe says primary advice will fill gap if RDR hits IFA numbers

6 Sep 2007
Bright ideas are shining

6 Sep 2007
Broker talkback

6 Sep 2007
Brokers expect RDR to cover mortgages

6 Sep 2007
Buffalo wings it for BBQ

6 Sep 2007
Cat nap

6 Sep 2007

Will there be 'a dead cat bounce' in protection sales?
Cavanagh announces 38 per cent profit increase

10 Sep 2007
Cofunds lobbying for tax-free bond transfers

6 Sep 2007
Commercial lender 5D Finance launches into Scotland

5 Sep 2007
Credit opportunities are on the rise, says F&C

7 Sep 2007

As the OECD warns of a potential economic slowdown following the crisis in the subprime market, F&C says opportunities are emerging in credit.
David Harrison

6 Sep 2007

The founder of True Potential postponed retirement plans to set up a company which aims to deliver an electronic platform which IFAs can use to run their whole business. Interview by Gregor Watt
Defensive measures

6 Sep 2007

In this week's article, I am returning to a subject which is very close to my heart, career and IFA business - pension transfers.
Don't leave it to trust

6 Sep 2007

I have just become a partner in a law firm and in my new role I have been asked to review a number of trusts that the firm acts for. In a number of these cases, one of our senior partners is a trustee and the trust monies are managed by a local stockbroker, with whom the partner has had a good personal relationship over many years. These trusts do not appear to be actively reviewed and I am concerned that we may not be complying with the requirements of the Trustee Act 2000. What can I ...
Easy RDR

6 Sep 2007

Colin Sloss, head of business developers at The Exchange, says advisers should have few problems in adapting and thriving under the retail distribution review plans
Edeus reassures market that its funding is secure

11 Sep 2007

Edeus has told Money Marketing that its funding lines are secure stating that its 24 month contract with Merrill Lynch is not up for renegotiation until October 2008.
Edeus reprices adverse product range

5 Sep 2007

Edeus has repriced its adverse product range after it sent out an email to brokers yesterday alerting them that it would be withdrawing its current adverse range to reprice with rises around 65 basis points.
Evan-sent opportunity

6 Sep 2007

It would be true to say that over the years I have had the odd run-in with Evan Owen of the IFA Defence Union. Two or three years ago, I wrote some pretty uncomplimentary things about him.
Experts who helped draft RDR plans warn of perils

6 Sep 2007
Ex-Portman marcomm chief Farr joins AMI

6 Sep 2007
F&C targets pensions with diversified fund

6 Sep 2007

'There is a clear lack of multi-asset portfolios and most pension funds are far from balanced'
Fact-find not needed for generalities

6 Sep 2007
'Fed must act to avoid recession'

6 Sep 2007
Feilim Mackle and Steve Clode join Aegon

10 Sep 2007

Aegon UK has announced the appointments of Feilim Mackle as director of individual business and Steve Clode as the director of marketing and customer strategy.
Figure out a formula for discounts

6 Sep 2007

Paul Kennedy, director of trusts & tax planning solutions at FundsNetwork, sets out the calculations that need to be made on discounted gift trusts
First State rolls out global infrastructure vehicle

6 Sep 2007
Former Pension Commissioner Drake appointed to PADA

11 Sep 2007
Former Tory deputy chairman joins Tenet

6 Sep 2007
Former UCB head of sales joins Edeus

5 Sep 2007
Foundation course

6 Sep 2007

Will Henley says despite predictions from some analysts of sharp falls in property prices, equity-release advisers believe it is dangerous to speculate on future trends and prefer to focus on meeting clients' needs
Friends and Resolution amend merger in bid to scupper Pearl opposition

10 Sep 2007

Friends Provident and Resolution have announced a change to the legal structure for the proposed merger and creation of Friends Financial Group plc.
FSA appeal could shed further light on Lautro injustice

10 Sep 2007

The FSA announced last week it would be calling its expensive lawyers into action to battle against the Information Commissioner's decision to force it to reveal the names of 12 providers who misused Lautro projections.
FSA appeals order to name and shame Lautro 12

7 Sep 2007

The FSA is appealing to the Information Tribunal against the Information Commissioner's decision to make it name and shame the 12 endowment mortgage providers which misused Lautro projections in setting premiums.
FSA fines mortgage firm for re-mortgage and PPI failings

6 Sep 2007
FSA spent £13m on consultants

6 Sep 2007
FSA trouble-shooter Knight joins law firm Bevan Brittan

11 Sep 2007
FTBs fell by 7 per cent in July says CML

11 Sep 2007
GMAC is sticking to sub-prime LTV after £1bn securitisation

6 Sep 2007
GMAC-RFC Searle to join Stephen Knight in new lending venture

7 Sep 2007

Mortgage guru Stephen Knight is expected to launch a lender in 2008/9 with sources indicating that former GMAC-RFC managing director of operations Barry Searle will join his previous boss in the new venture.
GMAC-RFC to increase intermediary sub-prime rates over 85 per cent LTV

11 Sep 2007
GMAC-RFC to up sub-prime partner rates by 0.5 per cent on high LTVs

10 Sep 2007
Goodman Property Investors' eurozone fund of funds on target

7 Sep 2007

Goodman Property Investors has announced that its eurozone fund of funds has raised over €250m since launch just over a year ago.
Great expectations

6 Sep 2007
Higham set for Morley return

10 Sep 2007

Old Mutual Asset Managers (OMAM) bond manager Chris Higham is leaving the firm to rejoin Morley Asset Management.
HSBC launches "one-stop shop" protection product

5 Sep 2007
IFA banned in catalogue of failings

6 Sep 2007
IFA's shock at Clerical indemnity-only stance

6 Sep 2007
iimia announces MitonOptimal merger plans

11 Sep 2007

iimia has announced a proposed merger with fund management firm MitonOptimal for a total of £18.6m.
In everyone's best interests

6 Sep 2007

Confusion over the application of the law of insurable interest makes early reform highly desirable
In the line of fire

6 Sep 2007

Legal and General has kicked up a storm by launching a joint pilot study with Hargreaves Lansdown to look into the benefits of using customer postcodes as a risk factor in determining annuity rates.
Investec backing Unity relaunch

6 Sep 2007
Investor risk appetite damaged, says Standard Asset Management

6 Sep 2007

Standard Asset Management says that while it does not foresee a US or global recession, the weakness in financial markets has damaged investor risk appetite.
Investors focusing on corporate profits, says BlackRock

6 Sep 2007
Is this proof of unethical practices?

6 Sep 2007
John Jory to speak at Labour conference

11 Sep 2007
Kensington to increase medium to heavy LTV adverse rates by 1.5 per cent

6 Sep 2007
Lawrence House boosts quality

6 Sep 2007

Multi-manager Lawrence House is focusing its cautious managed fund on equity income funds and fixed-interest funds that invest in higher-quality bonds, including gilts and index-linked gilts.
Lehman Brothers to close Southern Pacific Personal Loans and London Mortgage Company

7 Sep 2007
Life firms blast Lawson over publishing annuity rates

6 Sep 2007
Market turbulance enters its third phase, says BlackRock

10 Sep 2007

Turbulence in the financial markets has entered its third phase, with investors trying to understand the economic and profit consequences of the higher cost of capital and tighter credit conditions, says BlackRock.
Market volatility brings attractive opportunities, says ABN AMRO

6 Sep 2007

ABN AMRO Asset Management claims market volatility has historically produced attractive investment opportunities.
Midas moves back into UK equities

6 Sep 2007

Midas Capital has used the recent stockmarket falls to feed money back into markets after going underweight in UK equities for the first time in three years as a result of recent volatility.
Modray quits Bestinvest

5 Sep 2007

Bestinvest head of communications Justin Modray has left the firm after four years.
Modray quits over BestInvest strategy changes

6 Sep 2007
Money Partners confirms medium and heavy adverse criteria changes

6 Sep 2007
Money Partners to announce criteria changes to sub-prime products today

6 Sep 2007
More than a gimmick?

6 Sep 2007

This week saw the first UK best ideas vehicle hit its first anniversary as Rensburg's UK manager focus trust recorded first quartile performance.
New GM at Investec Bank Switzerland

10 Sep 2007

Investec Bank Switzerland has announced the appointment of Oliver Betz as the bank’s new general manager.
New ideas for Skandia and Bailey

6 Sep 2007
New world order books

6 Sep 2007

JM Finn is opening up its very successful global opportunities fund to the wider market and it is focused intently on the epoch-making shift of economic power from the West to fast-growing emerging countries
Off balance

6 Sep 2007

Sub-prime meltdown seems to be the focus of the news at the moment. It is worth having a look at some of the fundamentals and what is likely to happen when, as it certainly will, a new stability appears in the marketplace.
Offshore property sales set to rise this autumn, says Moneycorp

10 Sep 2007

Moneycorp is predicting a surge of UK residents buying overseas property in the coming months.
OPM is building up property Fof

6 Sep 2007

OPM Fund Management says it is experiencing problems finding a benchmark for its property fund of funds because it combines a range of property-related investments including property funds, listed securities and Reits.
Out of context

6 Sep 2007
PAI adds fund of hedge funds to Nucleus platform

10 Sep 2007

London-based fund of hedge funds manager P-Solve Alternative Investments has added its fund of hedge funds on the Nucleus financial IFA platform.
Pair stole £1.6m from pensions in fraud aimed at fund surpluses

6 Sep 2007
Performance art

6 Sep 2007

Why are performance figures left out of group pernsion statements?
Platform cuts LTVs and raises rates

6 Sep 2007
Polar Capital announces Evans appointment

6 Sep 2007

Polar Capital Holdings has announced the appointment of Nick Evans as senior fund manager on the group’s technology fund.
Positive Solutions confirms Reeve as chief executive

6 Sep 2007
Power points

6 Sep 2007

Getting to grips with the array of power supply offerings is daunting task but the independent watchdog energywatch currently lists 12 accredited price comparison websites and these sites will tell you precisely: "You could save £X with supplier Y."
Premier set for specialist sector

6 Sep 2007
Premium bands

6 Sep 2007

Chris Salih looks at the trend for some fund firms to raise annual charges, claiming performance justifies higher fees
'Primary advice puts consumers at risk'

6 Sep 2007
Prime numbers

6 Sep 2007

Some lenders fear that the sub-prime crisis and the credit crunch may begin to have an impact on prime mortgages as well.
Professional foul

6 Sep 2007

The RDR shows the FSA's flawed thinking on raising industry standards
Professionalism and the Retail Distribution Review

10 Sep 2007

It is perhaps unsurprising that the FSA, in its retail distribution review discussion paper, has fastened onto the word "professional" to describe those financial advisers whose business model resembles most closely that of the established professionals, solicitors and accountants.
Profits leap by 67% for Hargreaves Lansdown

6 Sep 2007
Property products pledge 'risk-free' high yield

6 Sep 2007
Protect against the RDR

11 Sep 2007

Should protection be ring-fenced from the Retail Distribution Review? Lifesearch head of protection strategy Kevin Carr certainly thinks so.
'Protect pure protection from RDR'

6 Sep 2007
Protection downfalls

6 Sep 2007

Protected investments can have nasty surprises for investors
Protection plan

6 Sep 2007

Does the shadow of the RDR fall on the protection and mortgage markets too? The question is being asked in the marketplace but the answer is simple.
PSigma set for US large-cap launch

6 Sep 2007
Public lose faith in pensions

6 Sep 2007
Quest for quality

6 Sep 2007

Unity is needed to produce qualifications that are recognised industrywide
Rathbone launches new strategies fund service

10 Sep 2007

Rathbone Investment Management International has launched a new strategies fund service that it says offers a range of targeted risk and return funds specifically designed for the offshore marketplace and the needs of trustees.
RDR - will it all end in tiers?

6 Sep 2007
Resolution AM launches two new European funds

10 Sep 2007
'Restructure must address non-advice'

6 Sep 2007
Retirement revolution for Tebbutt

6 Sep 2007
Risky lending to decline but BTL boom goes on

6 Sep 2007
Royal Liver attacks ABI on script-based sales

6 Sep 2007
Royal Liver set for multi-manager

6 Sep 2007
RSA launches new PI cover for SMEs

7 Sep 2007
S&P releases new fund of hedge funds directory

11 Sep 2007

Standard & Poor's fund services has announced the release of its fourth annual fund of hedge funds directory.
Santander rebrand for Abbey Financial Markets

11 Sep 2007
Sceptical IFAs take CAR for test drive

6 Sep 2007
Schroders reaps aggie rewards

6 Sep 2007
Second emergency loan for Barclays

6 Sep 2007
SJP grows fund offering

11 Sep 2007
Skandia announces new fund manager line-up

10 Sep 2007

Skandia Investment Management Limited has announced the full manager line up for its new UK strategic best ideas fund, to be launched on September 19.
Skipton Building Society launches two new capped rate mortgages

10 Sep 2007
Slowdown as new buyers fall away

6 Sep 2007
Speed traps

6 Sep 2007

Last week, I indicated the increasing dominance of the stockmarket by investment professionals was behind the upsurge in share volatility. With hindsight, this appears a little oversimplistic. There have been other changes that add to the potential for wide swings in indices and the value attributed to individual companies.
Standard Life UK profits strengthen

6 Sep 2007
Strait to the point

6 Sep 2007
Sunny side up

6 Sep 2007

Long-term investors are seeing Japan in a more positive light
T. Rowe Price adds new strategy to its SICAV range

10 Sep 2007

T. Rowe Price has announced the addition of a regional equity strategy to its Luxembourg-domiciled SICAV range, focusing on investment in the Middle East and Africa.
Tax relief could boost consumers' savings by £5.5bn

7 Sep 2007
Thames River joins FundsNetwork platform

7 Sep 2007

Fidelity FundsNetwork has announced that Thames River has joined the platform, with five Thames River Funds available from September 10.
The real deal

6 Sep 2007

The clock is ticking for real-time pricing of protection products but will it increase commoditisation of the industry?
The right blend

6 Sep 2007
Thinc acquires Cameron Scott

10 Sep 2007
Thoresen Review to pilot generic advice from September 17

10 Sep 2007
TMB offers packagers help following closure of Victoria Mortgages

10 Sep 2007
Towergate gains Chartered status

6 Sep 2007

Towergate has become the largest independent broker to gain Chartered status and has become a flagship partner of the Chartered Insurance Institute.
Trade bodies can get FSA guidance

6 Sep 2007
Two-year fixes dip below bas rate

6 Sep 2007
Victoria Mortgages enters administration

10 Sep 2007
Victoria Mortgages represents 0.064 per cent of mortgage lending as FSA confirms administration

10 Sep 2007
Voice of hope

6 Sep 2007

Summer may have been fairly miserable but there has been a golden ray of sunshine for every IFA firm since the FSA board met in July and approved proposals to reform the Financial Services Compensation Scheme. It is also good news for consumers who will benefit from a scheme, now given a new lease of life, which will offer some financial recompense when no one else can. The FSCS is a vital regulatory safety net which helps maintain consumer confidence in our industry.
Wastcoat to step down as MD of Fidelity in the UK

6 Sep 2007

Fidelity’s managing director Richard Wastcoat is stepping down from heading the UK business at the end of this month and will work on special projects till the end of this year when he will take a six month sabbatical.
Waving goodbye to more UK brands

7 Sep 2007

The mortgage industry is buzzing with the news that Lehman Brothers will be withdrawing from the second charge market in the UK with the closure of both its Southern Pacific Personal Loans and London Mortgage Company brands.
White knights

6 Sep 2007

UK growth funds have marginally outperformed UK income funds in recent times but income funds have consistently outperformed over the longer term. In today's volatile markets, higher dividends and increasing profits matter more than ever.
Wrap map

6 Sep 2007

Life offices will have different routes on the way to wrap, says Winchester White Management Consultants managing consultant Martin Davies
Zurich adds protection duo

6 Sep 2007

Money Marketing5 September 2007

Money Marketing
5 September 2007