Money Marketing
7 February 2007

  • FAS helps just 871 people

    8 Feb 2007

    The Financial Assistance Scheme has provided help to 871 out of the estimated 125,000 people who lost their pensions before the Pension Protection Fund was set up. Pensions minister James Purnell admits it has taken an average of 190 working days to make its first payments.

  • New Star 300m for shareholders

    8 Feb 2007

    New Star is looking at returning 300m to shareholders in a move that would see founder John Duffield get 60m from his 20 per cent holding. This follows strong profit growth and a lack of acquisition targets. The firm has got regulatory approval for an onshore version of its international direct commercial property fund after the FSA modified its rules.

  • Abbey - Capital Guaranteed Japanese Equity Bond Issue 6

    13 Feb 2007

    AbbeyCapital Guaranteed Japanese Equity Bond Issue 6

  • Abbey - Capital Guaranteed Residential Property Bond 6

    8 Feb 2007

    AbbeyCapital Guaranteed Residential Property Bond 6

  • Abbey - Guaranteed Commercial Property Bond Issue 2

    13 Feb 2007

    AbbeyGuaranteed Commercial Property Bond Issue 2

  • Abbey looking to BTL as market share is cut

    8 Feb 2007

    Abbey market share of mortgage lending fell slightly last year as it lost out in the growing specialist sector.

  • Abbey makes new hires for structured products team

    8 Feb 2007

    Abbey Financial Markets has appointed Tim Coleman and Wayne Harding as business development managers.Both will report to Gary Dale, head of business development for its offshore intermediary division, and will be responsible for the development of the distribution networks for the firm’s structured products capability.Coleman will cover the South East and South West of England. He joins from Winterthur Life where he was an investment consultant.Harding will cover the North ...

  • Abbey plans 2008 return to equity-release market

    8 Feb 2007

    Abbey is considering a return to equity-release lending after quitting the sector two years ago.

  • ABI offers guide to capital assessment

    8 Feb 2007

    The ABI has published a guide to the individual capital assessment regime for insurers which aims to give advice and examples of good practice to help firms prepare their ICA.

  • Adviser fees rising by 10% to pay for FSA staff training

    8 Feb 2007

    Advisers' FSA fees will rise by an average of 10 per cent to educate the regulator's staff about the move to principle-based regulation, fund its IT outsourcing and bankroll its financial capability work.

  • Adviser firms join forces

    8 Feb 2007

    Essex IFA Scott & Casey Financial Management has bought M&M Financial Advisors.

  • Adviser Fund Index

    8 Feb 2007

    The Adviser Fund Indices performed well in 2006, with all three AFIs outperforming their Investment Management Association managed sector and Apcims index benchmarks.

  • Advisers can't assess means test

    8 Feb 2007

    A Money Marketing online survey shows that 81 per cent of advisers believe the interaction between means-tested benefits and pension personal accounts make it impossible to offer suitable advice.

  • Aegon warns FSA on non-confirmed guidance plans

    8 Feb 2007

    Aegon has warned the FSA not to allow non-confirmed industry guidance to be seen as a lower standard than confirmed guidance under its plans to supplement principles.

  • Aiming high

    8 Feb 2007

    In his last Budget, Chancellor Gordon Brown changed the venture capital trust rules by reducing initial income tax relief from 40 to 30 per cent but this is still higher than the original 20 per cent.

  • Alliance & Leicester - Two-Year Base Rate Tracker

    8 Feb 2007

    Alliance & LeicesterTwo-Year Base Rate Tracker

  • Allocation, allocation, allocation

    8 Feb 2007

    Andrew Wilson, head of investment at JS&P Towry Law, explains why asset allocation is a vital force.

  • Average lifetime loan down in 2006

    8 Feb 2007

    The number of new lifetime mortgages rose last year but the value of new lending fell, says the Council of Mortgage Lenders.

  • Awareness of financial regulation grows slowly

    8 Feb 2007

    Over 40 per cent of the public are unaware that there is any type of financial regulation in the UK, according to the FSA's latest consumer awareness research.

  • Axa goes talent spotting

    8 Feb 2007

    Axa Investment Managers has introduced an onshore mirror of its offshore FCP Axa Talents fund.

  • Bad day at the office

    8 Feb 2007

    A Scottish businessman had the misfortune of watching his personal fortune slashed in half as he lost over 78m in 10 hours.

  • Baigrie Davies appoints new MD

    13 Feb 2007

    Baigrie Davies has appointed a new managing director to replace Tom Baigrie who will continue to oversee the adviser firm but will concentrate on the day-to-day running of sister firm Lifesearch.

  • Bankhall workshops on fee switch

    8 Feb 2007

    Bankhall is holding three workshops with consultancy FP Advance for its members looking at how to move to a fee business.

  • Base rate held at 5.25 per cent

    8 Feb 2007

    The Bank of England has held interest rates at 5.25 per cent.

  • Basinghall launches with profit share pledge

    12 Feb 2007

    Basinghall Finance has today formally launched its lending arm and has set up a profit sharing arrangement with its two broker distributors.

  • Basinghall picks Charcol and Savills to sell loans

    8 Feb 2007

    Savills and John Charcol will be the dual broker distribution arm for new lender Basinghall Finance, which launches next week.

  • Bee returns fire at pension snipers

    8 Feb 2007

    Pension guru Steve Bee has lashed out at critics of the pension industry and says he is tired of constant sniping.

  • Big profit rise for Helm Godfrey

    8 Feb 2007

    Profits have leapt by 54 per cent for national IFA Helm Godfrey from 403,000 in 2005 to 620,000 last year. Turnover was up by 45 per cent from 4m to 5.8m.

  • Big rise in IFA failures as direct business bites

    8 Feb 2007

    The number of financial services firms going into administration rose by 50 per cent last year.

  • Bird's-eye review

    8 Feb 2007

    Don't be resigned to a future shaped by others - help in the distribution review.

  • Blight years

    8 Feb 2007

    The pensions minister James Purnell has suggested that as much as 50 per cent of the money due to be invested in new pension personal accounts will come from existing schemes.

  • BM claims hybrid loan is now cheapest on market

    8 Feb 2007

    BM Solutions has thrown down the gauntlet to Northern Rock by relaunching its Mortgage Plus range, which is in direct competition with Rock's Together product.

  • Brewin Dolphin Securities - Thistle Pub Company III

    8 Feb 2007

    Brewin Dolphin SecuritiesThistle Pub Company III

  • Broker Talkback

    8 Feb 2007

    Are you happy to recommend a fund with a 1.75 per cent or more AMC if the performance stacks up?

  • Broker wins judicial review against FOS

    8 Feb 2007

    A judicial review has clarified the right for advisers to make time-limited cash offers to claimants as an alternative to taking complaints to the Financial Ombudsman Service.

  • Business threat posed by rises in longevity

    8 Feb 2007

    The FSA says increases in longevity is a major long-term threat to financial businesses.

  • Business up by a quarter for NU

    8 Feb 2007

    Norwich Union has seen a 25 per cent rise in UK life and pension new business from £9.2bn in 2005 to £11.bn in 2006. Investment sales grew by 48 per cent to £4.9bn.

  • Canada Life brings in group CI definitions

    8 Feb 2007

    Canada Life Group Insurance is the first group provider to introduce the ABI's best practice definitions on group critical-illness cover. Royal Liver and Prudential are so far the only insurers to have adopted the ABI's individual CI definitions, which must be implemented by April.

  • Cann says new players waiting to see if Towry's fee plan works

    8 Feb 2007

    Institute of Financial Planning chief executive Nick Cann says new major distribution players with venture capital backing look set to emerge in the near future if JS&P Towry Law's fee-based remuneration structure is successful.

  • Child trust funds could be hit by charges

    8 Feb 2007

    I read with disquiet that HM Revenue and Customs has confirmed that gifts to minors through an absolute trust will be treated as a chargeable lifetime transfer rather than a Pet and that is the opinion of Skandia that if it is a CLT it will be hit by entry, periodic and exit charges.

  • Clerical highlights £46bn concurrency opportunities

    8 Feb 2007

    New concurrency rules mean up to £46bn extra tax relief can now be claimed by occupational scheme members, says Clerical Medical.

  • CMS Cameron McKenna runs PPI seminar

    9 Feb 2007

    Law firm CMS Cameron McKenna is running a seminar to provide practical advice of PPI in the aftermath of the recent FSA clampdown and OFT ruling.

  • Cold sweat

    8 Feb 2007

    How a GP taught me that the FSA's principle-led legislation is a bitter pill.

  • Comfort zone

    8 Feb 2007

    European markets are poised to continue their strong performance throughout 2007.

  • Complex tax chaos to hit Asp benefits

    8 Feb 2007

    Beneficiaries who inherit death benefits from alternatively secured pensions could have to pay 55 per cent tax from their own pocket, warns Skandia.

  • Confident start

    8 Feb 2007

    February was ushered in with style, as Wall Street enjoyed one of its better days during the last trading session of the first month of the year.

  • Correspondent's Week

    8 Feb 2007

    This week by Daily Telegraph personal finance reporter Myra Butterworth.

  • Coventry Building Society - 5.89% Flexx Fixed

    8 Feb 2007

    Coventry Building Society5.89% Flexx Fixed

  • Coventry Building Society - Offset 5.85% Flexx Fixed Rate

    13 Feb 2007

    Coventry Building SocietyOffset 5.85% Flexx Fixed Rate

  • Debut from Aubrey

    8 Feb 2007

    Former First State manager Andrew Dalrymple’s new Edinburgh-based investment boutique has made its fund debut.

  • Distribution Technology sets up IFA test 'Lab'

    8 Feb 2007

    Distribution Technology is moving to a new HQ at Sovereign House in mid February.

  • DL&P system being used by 142 firms

    8 Feb 2007

    Direct Life & Pensions says its Intelligent Protection system is being used by 142 adviser firms, including John Charcol, Alexander Hall and Burns Anderson, a year after launch. DL&P is also negotiating with Sesame to offer the system to its members.

  • Downing Corporate Finance - Downing Protected VCTs VI and VII

    13 Feb 2007

    Downing Corporate FinanceDowning Protected VCTs VI and VII

  • Endowment complaints to keep FSCS levies high

    8 Feb 2007

    IFAs holding client money face biggest rise in levies while burden from pension review almost doubles to £47.5m.

  • Equitable transfers bulk of non-profit annuity business to Canada Life

    12 Feb 2007

    Equitable Life has completed the transfer of the bulk of its non-profit pension annuity business, comprising approximately 130,000 policies, to Canada Life.

  • Exit, pursued by regulator

    8 Feb 2007

    The FSA report on mortgage exit fees addresses all the concerns we and many others have raised over the last few years.

  • F&C cut to dividend 'will help develop specialist products'

    8 Feb 2007

    F&C's decision to cut dividends to plough millions of pounds into the business is a welcome move for advisers, says the firm's head of communications and strategy Jason Hollands.

  • Fidelity - Multi Asset Strategic Fund

    8 Feb 2007

    FidelityMulti Asset Strategic Fund

  • Fidelity seizes multi-asset opportunities

    13 Feb 2007

    FidelityMulti Asset Strategic Fund

  • Financial Express opens Hong Kong office

    13 Feb 2007

    Financial Express has opened its first offshore office in Hong Kong offering the country’s fund management institutions and financial advisers analytics, factsheet and literature production and webtools.Trustnet co-founder James Jones will head up the office along with Michael K Li who has previously worked as a fund analyst at Gerrards Investment and investment specialist for Putnam Investments.Jones says: “As we are already the main, or sole, provider of fund data and solutions ...

  • Friends' sales get 31% boost

    8 Feb 2007

    Friends Provident life and pension new business rose by 31 per cent last year. Sles increased from 5.4bn in 2005 to 7.1bn.

  • FSA fines Trigon Pensions Limited £10,500

    12 Feb 2007

    The FSA has fined Trigon Pensions Limited £10,500 for failing to monitor advisers effectively at its appointed representative Trigon Financial Services.The regulator says TFS did not record sufficient customer information and was therefore unable to demonstrate the quality of advice given.It also failed to implement and follow an adequate training and competence scheme for advisers and its suitability letters were inadequate, says the FSA.FSA head of retail enforcement Jonathan ...

  • FSA makes Euro case for retaining IFA tag

    8 Feb 2007

    The FSA has submitted its arguments for the retention of the IFA label, initial disclosure document and payment menu under Mifid to the European Commission.

  • FundsNetwork sets up packaged Isas

    8 Feb 2007

    FundsNetwork is offering a series of packaged Isas.

  • Gavin Stewart pipes in the haggis...

    8 Feb 2007

    Resolution chief executive Gavin Stewart piped in the haggis at the firm's massive Burns Night bash. The haggis was not to everyone's taste. Thankfully, Resolution kindly supplied ample whiskey to take the taste away.

  • General knowledge and specialist subjects

    8 Feb 2007

    SPECIAL REPORT: VCTs. Clare Bettelley considers the options on investing in specialist or generalist venture capital trusts.

  • Give credit for debt advice

    8 Feb 2007

    Mr Rodger says that to discuss debts you need a consumer credit licence.

  • Good luck to one of MM and the Diary's favourite Lansonettes...

    8 Feb 2007

    Good luck to one of MM and the Diary's favourite Lansonettes, who will run the London Marathon in April and the Beacon half-marathon on February 18. Stoke-on-Trent's finest export, Georgina "Millsie" Mills, will be donning her trainers and Lycra to raise money for Shelter. If anyone would like to help with the worth cause, donations can be submitted on www.justgiving.co.uk/georgiemills.

  • Goss & Co rebranded as Jelf

    12 Feb 2007

    Corporate consultancy Goss & Co is rebranding to Jelf Group, following the merger last year.

  • Growing concerns

    8 Feb 2007

    Continued consideration of the appropriate wrappers for a growth investment.

  • Half of NPSS cash will be from churning

    8 Feb 2007

    Pensions minister James Purnell has admitted that up to half of the money invested in personal pension accounts in 2012 is expected to be money switched from existing pension provision.

  • Halifax deal brings tear to the eye

    9 Feb 2007

    HalifaxIntermediary Exclusive 4.99% Two-Year Fixed

  • Halifax opens up to PDAs

    8 Feb 2007

    Halifax has taken its first steps towards allowing brokers to submit applications via Blackberry mobile devices.

  • Highly charged debate over funds

    8 Feb 2007

    Chris Salih assesses why 1.75% is becoming the new 1.5%.

  • Hip hope

    8 Feb 2007

    Helen Pow canvasses industry figures over their expectations for home information packs and finds that many are sceptical that Hips will prove relevant in the absence of a home condition report.

  • Home help for first-timers

    8 Feb 2007

    Housing minister Yvette Cooper has unveiled the first 700 homes in 18 developments to be included in a scheme sto help first-time buyers.

  • Incoming tide

    8 Feb 2007

    Changes to trust taxation have improved cashflow for HMRC while remaining neutral for some beneficiaries.

  • Innovative JPMorgan fund beats Isa rush

    8 Feb 2007

    JPMorgan Asset ManagementJPM Global Equity Income Fund

  • Insurers slash rates as critical war breaks out

    8 Feb 2007

    Bupa, Norwich Union. Legal & General and Friends Provident have slashed their rates on critical-illness insurance in the opening shots of what is predicted to be a rate war in the sector this year.

  • Is the price right?

    8 Feb 2007

    The first month of this year became a time for the value of IFA businesses to be debated around water coolers and in wine bars.

  • Kensington lays down specialist prime gauntlet

    9 Feb 2007

    Kensington has made its full launch into the specialist prime market.

  • Keydata Investment Services - Keydata Aim VCT 2

    8 Feb 2007

    Keydata Investment ServicesKeydata Aim VCT 2

  • Kids' stuff

    8 Feb 2007

    We recently had an official Child Trust Fund Week designed to make parents more aware of the need to use their 250 vouchers positively and also to invest some of their own hard-earned cash into CTFs.

  • L&G updates growth investment plus plan

    13 Feb 2007

    Legal & General's latest tranche of its growth investment plan plus will provide investors with 125 per cent of any capital growth in the FTSE 100 Index over a six year term.

  • Legal & General buys Nationwide's subsidiaries

    7 Feb 2007

    Legal & General has announced it is to buy Nationwide's subsidiaries Nationwide Life and Nationwide Unit trust managers in a £285m deal.

  • Lending up but profits down at B&B

    13 Feb 2007

    Bradford & Bingley has seen a huge jump in gross lending in 2006, more than twice the market average.

  • Look back in anger at career

    8 Feb 2007

    Simon Chamberlain's look back at his career in the "Beautiful Career" column in Professional Brief highlighted what was and still is to an extent wrong with the financial services sector.

  • Magic night

    8 Feb 2007

    The Schroders "Retox" certainly did what it said on the tin.

  • Making allowances

    8 Feb 2007

    SPECIAL REPORT: END OF THE TAX YEAR. Technical Connection leads a six-page special on making the most of tax planning before April.

  • Mass communicating

    8 Feb 2007

    Asda's initiative to restore advice to the man in the street is an interesting challenge.

  • Means streets

    8 Feb 2007

    James Salmon on how conflicting means-testing messages from the regulator and the DWP have left advisers in limbo.

  • MEPs told FOS 'was partial to industry' after EqLife collapse

    8 Feb 2007

    MEPs investigating the Equitable Life collapse have attacked the Financial Ombudsman Service's treatment of complainants.

  • Merricks hits out at high-complaint firms' attitudes

    8 Feb 2007

    Chief ombudsman says poor performers show no willingness to improve.

  • Mike Wilson

    8 Feb 2007

    The chairman of St James’s Place has a long career in building financial services companies by working in partnership with Sir Mark Weinberg. He says the secret of his success is in concentrating on strengths and now he spends half of his working week coaching advisers to increase their business. Interview by Gregor Watt.

  • Miller leaves New Star

    8 Feb 2007

    New Star chief investment officer Alan Miller has left the group after six years.

  • Money Partners relaunches website

    8 Feb 2007

    Money Partners has enhanced and relaunched its public-facing websites.

  • More lenders hit in US sub-prime downturn

    8 Feb 2007

    The troubled US sub-prime mortgage market has suffered more problems after another provider was forced to stop selling loans.

  • Moving story

    8 Feb 2007

    It seems that Aegon Scottish Equitable cares so much about its customers it even takes an interest in their bowel movements.A mischievous IFA forwarded the following letter to MM."Thanks you for your recent phone call. I write to confirm that Mrs X has now been transferred to the correct agency. Please accept my sincere apology for any incontinence. I trust you will find everything in order now."Nothing beats a bit of toilet humour.

  • Murrell quitting Bankhall to join Hogarth start-up

    8 Feb 2007

    Bankhall sales director Tony Murrell is leaving after 10 years at the firm and is set to be reunited with former boss Paul Hogarth at his new company, Paradigm Partners.

  • My Beautiful Wrap - Beauty and the Beast

    8 Feb 2007

    When I was asked to write a piece on wrap, I didn't really know what I could say but quickly realised that the only thing I could talk about that could be even slightly interesting was our experience.

  • Nearly half of advisers reject with-profits

    8 Feb 2007

    Nearly half of advisers have stopped recommending with-profits policies and 25 per cent expect to transfer more than three-quarters of their clients over the next few years.

  • Network offers escape route on repos

    8 Feb 2007

    Brokers with clients facing property repossession can refer cases to general insurance network Ceta which will buy the property from the owner to prevent them losing their home.

  • No holding back

    8 Feb 2007

    In my last article, I began to describe the most important features and strategies in a director share-purchase arrangement.

  • OFT refers PPI market to Competition Commission after public consultation

    7 Feb 2007

    The Office of Fair Trading has referred the UK Payment Protection Market to the Competition Commission for further investigation.The decision comes after a period of public consultation following the OFT's earlier proposal to refer the PPI market to the commission in October 2006.During the consultation the OFT received 20 responses including businesses, consumer organisations and trade associations.Having considered the views of respondents the OFT says it is still of the ...

  • Packager market worth up to £30bn, claims TMB

    7 Feb 2007

    The Mortgage Business has estimated the size of the packager market to be worth between £28-30bn.

  • Performing zeal needs training

    8 Feb 2007

    Fund supermarkets and fund managers are predicting a big Isa season this year but where will the money go?

  • Platform to extend trust range

    8 Feb 2007

    FundsNetwork is designing a further range of trusts for use with its offshore and onshore investment bond and fund offerings.

  • Positive Solutions shelves flotation

    8 Feb 2007

    Positive Solutions has abandoned plans to float on the stockmarket but is setting up a technology and admin company called Platform in April.

  • Premier links to Global Titans

    8 Feb 2007

    Premier Fund ManagersGlobal Income Plan - Limited Editions No 34

  • Product matters - Reit stuff

    8 Feb 2007

    Appetite for UK commercial property has pushed up prices to such an extent that returns are looking more pedestrian moving forwards.

  • Pru is set to take stake as Assureweb gets 7.5m injection

    8 Feb 2007

    Prudential is poised to become the sixth product provider to take a stake in Assureweb by funding part of a 7.5m cash injection into the business, Money Marketing understands.

  • Pru offers with-profits option for protected rights

    8 Feb 2007

    Prudential has become the first provider to offer a with-profits annuity which accepts protected rights funds.

  • Rate rises hit buy to let as arrears increase

    8 Feb 2007

    The Council of Mortgage Lenders has revealed that figures for buy-to-let arrears are increasing amid concerns the sector may suffer a rise in repossessions.

  • Rates of change

    8 Feb 2007

    Early in January, the Bank of England caught the market by surprise by raising interest rates to 5.25 per cent. However, it was always likely that the bank would have to move rates higher fairly soon in response to the pick-up in core inflation over recent months.

  • Repo realities

    8 Feb 2007

    Guy Anker looks at the reasons for the rising repossession rate.

  • Revenue clears up tax relief confusion on employer contributions

    8 Feb 2007

    HM Revenue & Customs has published guidance confirming that employers’ payment of pension contributions qualifies as a normal business expense, meaning the majority will qualify for tax relief.

  • Rock squares up to BM in Together price war

    12 Feb 2007

    Northern Rock has reacted to the price war instigated by BM Solutions by slashing rates on its Together range.

  • Rooftop hit by Fitch's latest predictions

    9 Feb 2007

    Fitch Ratings has piled on more pressure on lender Rooftop by stating it expects its already-troubled second portfolio of securitised mortgages to continue drawing on its reserves.

  • Sainsbury's Bank becomes joint venture with HBOS

    9 Feb 2007

    HBOS has bought an additional 5 per cent of the shareholding in Sainsbury's Bank for £21m bringing its total ownership to 50 per cent.

  • Secured rates could rise to cover PPI slump

    8 Feb 2007

    Secured loansBy Guy AnkerThe secured loan market may be forced to increase its rates to pay for the expected payment protection insurance slump.

  • Setting the Standard

    8 Feb 2007

    One MM hack had a very amusing lunch with Standard Life recently.

  • Simply Biz adds 1,000 RIs with buy

    8 Feb 2007

    SimplyBiz has bought Glasgow-based adviser services provider Compliance First in a deal that sees it increase its adviser client base by a third.

  • Skandia denies retreat from SSAS

    8 Feb 2007

    Skandia has rejected claims that it plans to leave the market for small self-administered schemes after telling clients its SSAS will no longer benefit from small scheme exemptions.

  • Skipton Building Society - Flexible Seven Year Fixed Rate Mortgage

    8 Feb 2007

    Skipton Building SocietyFlexible Seven Year Fixed Rate Mortgage

  • Smith & Williamson Investment Management - British Country Inns 3

    13 Feb 2007

    Smith & Williamson Investment ManagementBritish Country Inns 3

  • Stock start

    8 Feb 2007

    SPECIAL REPORT: ISAs. Samantha Downes looks at the changes which enable cash Isas to be switched into stocks and shares.

  • Survey says secrecy surrounds life cover questions

    8 Feb 2007

    Insurers are in danger of declining too many non-standard applications and taking a covert preferred-life route according to CWC Research senior partner Clive Waller.

  • Sweetness and plight

    8 Feb 2007

    Recommending incentives to transfer out of DB schemes is a risky business.

  • Take it to the max

    8 Feb 2007

    SPECIAL REPORT: SAVINGS AND INVESTMENTS. Sarah Anderson, a solicitor in tax and pensions at Bond Pearce, looks at the tax benefits of investing in Isas, National Savings and wine.

  • Talks begin on new trade body for all advisers

    8 Feb 2007

    Thinc chief reveals wide-ranging plans.

  • Team spirit lifts 3A's Altin by 20% in 2006

    8 Feb 2007

    Fund of hedge fund manager 3A has attributed the strong performance of Altin, its London-listed fund of hedge funds, to the generalist structure of its management team and incentives in place to reward them.

  • The best policy on MPPI

    8 Feb 2007

    Advisers might feel tempted to pull out of the MPPI market after criticism of the product but Britishinsurance.com managing director Simon Burgess says they still have a duty to ensure their clients' repayments are protected.

  • The Money Portal offers buyout deal for retiring advisers

    8 Feb 2007

    The Money Portal is setting up a practice buyout scheme for its retiring advisers next month.

  • Thinc director takes TMP role

    8 Feb 2007

    Former Thinc Destini recruitment director John Kilburn-Toppin has joined The Money Portal as head of strategic growth. He will focus on recruitment and acquisition activity. Nick Boyle will take responsibility for recruitment at the Thinc Group.

  • Threadneedle appoints new head of communications

    13 Feb 2007

    Threadneedle Investments has recruited former Shell International head of corporate identity Judy Everett to take over the position of head of communications.

  • Threadneedle Investments - UK Property Trust

    8 Feb 2007

    Threadneedle InvestmentsUK Property Trust

  • Towry Law move will bring boost

    8 Feb 2007

    I was recently at a conference in London and was chatting to an IFA with Towry Law.

  • Triple Point offers multi-asset VCT

    9 Feb 2007

    Venture capital specialist Triple Point Investment Management has put together an unusual venture capital trust providing exposure to unquoted companies and hedge funds within a single investment.

  • Use it or lose it

    8 Feb 2007

    SPECIAL REPORT: PENSIONS. Winterthur Life strategy manager Mike Morrison looks at life after carryback and carryforward.

  • VAT exemption on medical reports to save 100m

    8 Feb 2007

    Life insurers will save 100m as a result of HM Revenue & Customs deciding to let medical services remain exempt from VAT, says the Association of British Insurers.

  • VCTs back on track

    8 Feb 2007

    SPECIAL REPORT: VCTs. Baronsmead VCT manager David Thorp says venture capital trusts faltered after the tax relief changes but have regained ground.

  • VCTs oversupplied as demand slumps

    8 Feb 2007

    VCT supply is expected to be more than double the demand this tax year.

  • West Bromwich Building Society - Buy-To-Let Two-Year Fixe

    13 Feb 2007

    West Bromwich Building SocietyBuy-To-Let Two-Year Fixed

  • Whittaker's almanac

    8 Feb 2007

    One area where New Star has not been firing on all cylinders has been equity income. This must be particularly frustrating for the group, considering how much money the sector has attracted in recent years.

  • Whose pension is it anyway?

    8 Feb 2007

    In the second of two articles on the NPSS, Norwest Consultants principal Harry Katz offers some solutions to the problems he identified in his previous article.

  • Wilson blasts networks' obsession with size

    8 Feb 2007

    St James's Place chairman Mike Wilson says many IFA networks are not viable businesses because they focus on size rather than profitability.

  • Wind in the sales

    8 Feb 2007

    As the FTSE 100 edged past 6,220 at the end of 2006, total investment funds under management reached £410bn, a healthy 18 per cent up on the £347bn at the end of December 2005.

  • Woolwich 'track and cap' launch aims to beat rate rises

    12 Feb 2007

    Woolwich the launched what it claims to be the first-ever track and cap mortgage to protect against rising interest rates.

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