8 March 2006
More than three-quarters of IFAs recommend multi-manager products to their clients, according to research by Fidelity.
There are three major issues in the venture capital trust market-place - new VCT variant combining VCT relief with IHT, limited-life VCTs and the "sweet equity" issue.
Noble Fund Managers is looking to raise 700m for the Sitka Health Fund venture capital trust following its takeover of Sitka last October.
Breeding Capital is an enterprise investment scheme that aims to raise up to 5m to invest thoroughbred horses for horseracing and in related assets such as stallion shares.
Endowment complaint was rejected as firm said if he was in the army he must have high-risk attitude
The Association of British Insurers is certainly going on the offensive.
Skandia's corporate credit card was cancelled recently because it had undergone "too many transactions of varying amounts in the same place".
Guy Anker on how lenders are vying for a slice of the adverse-credit market
Examining the Arctic Systems case and its implications for husband and wife businesses
The debate about whether the Financial Ombudsman Service violates European human rights laws flared up again recently, with the FSA rejecting allegations that have been dogging the FOS since its formation.
Pension shortfall could end up with PPF after firm racks up 80m losses
Our panel consider the merits of Bric funds plus 'Harry Potter's' hedge funds and four-page special on VCTs
The news that Tenet Group is to buy a substantial part of Berkeley Berry Birch Group is to be welcomed.
Close Property Investment is raising up to £40m in D shares for Close high income properties (Chip), an offshore closed-ended fund that is also available within an Isa wrapper.
This week by Stephen Womack, Mail on Sunday
Too much money chasing too few deals in the VCT market this year could see investors lose out with the sector becoming saturated in some sectors and specialist funds are likely to struggle.
F&C Asset Management has unveiled its UK opportunities fund, an Oeic to be run by former DWS manager Phil Doel.
Standard Life Investments has established the dynamic distribution fund, a unit trust fund of funds that will gain exposure to UK equities, property and bonds mainly through collective investment funds managed by Standard Life.
Liontrusts First Opportunities fund is a unit trust that has a bias towards medium and smaller UK companies including those listed on Aim.
Overall we are seeing quiet times in the offshore market at the moment with many firms continuing with that much loved phrase (except by journalists, that is) 'business as usual'.
Franklin Templeton has added five funds to its Luxemburg Sicav range that is available to UK investors. One of these funds is the Franklin global real estate fund.
Nicola York looks at the industry reaction to an innovative type of VCT which combines Aim shares with inheritance tax relief
Heritable BankStatus Fixed to 01/05/2008
HSAWorkwell Option 2
HSA has added a standalone health cash plan concentrating on dental and optical benefits to its company paid Workwell product.
Ibis media venture capital trust 1 and 2 are twin generalist VCTs aiming to raise up to 30m to invest identically in a portfolio of small UK media companies.
Icon Asset Management has brought out the Icon Asset venture capital trust, a VCT that takes a different approach to asset backing.
Who would have thought that Italian men have 13 years greater health expectancy than Finnish men?
Supposedly low-risk portfolios may be highly correlated'
Last week saw me travel to Scotland. Mind you, I nearly cancelled the trip. The thought of what my Scottish colleagues may have had to say about England's disappointing performance in the rugby at Murrayfield the previous weekend did not bear thinking about. It was only my Irish ancestry that enabled me to hold my head up.
Isis Equity Partners, a division of F&C Asset Management, has added the Baronsmead Aim VC
I have been very keen on Japan over the past three years. In fact, the average Japanese Unit Trust has risen by 93 per cent over three years, 45 per cent over four years and 35 per cent over one year to February 1 2006.
Financial advisers are bombarded with a huge amount of communications from product providers. Is this a good thing?
Keydata is raising up to 40m for the Keydata income VCTs 1 and 2, two VCTs investing in renewable energy.
Multi-manager Iimia believes its strategy of exploiting discounts and premiums to net asset value within the investment trust sector has helped produce positive performance over the last year relative to other funds with similar objectives.
F&C is looking to sponsor a Premiership football club, turning the spotlight on how fund managers go about raising their public profile.
Matrix Structured Products is offering a top-up issue for the Matrix ascension plan 2, a capital-protected hedge fund,
We still don't seem to be delivering a clear and confident message to consumers about where they should go for mortgage advice. This was brought home to me in a live radio call-in programme, when we were asked where do we go for good "independent advice" on mortgages.
Select committee will examine the role of the FSA and Treasury in the planned scheme
A high-alpha fund is intended to outperform strongly, with 'alpha' referring to the added return above a suitable benchmark, against which the fund is measured.
IFAs lose out with lower payments from Burns-Anderson's panel of five
Citizens Advice is making a 'super complaint' to the OFT calling for an investigation into the payment protection insurance business."
Pink Home LoansCapital Home Loans Self Cert BBR + 0.99%
Premier Fund ManagersProtected Growth Plan - Limited Editions No 31
Legal & General has brought out a UK property unit trust that enables investors to hold property within an Isa under the new rules.
London & Country head of communications David Hollingworth hopes the brand shake-up can fan the RBS flame
Seed Capital Oxford Technology 4
Helen Monks reports that the FSA is trying to help small businesses but some advisers feel that it needs to rethink its regulatory approach
Seed Capital is raising up to £12.5m to invest in Oxford technology 4 VCT, a venture capital trust focusing on early stage and start-up technology companies in and around Oxford
Old Mutual select smaller companies fund manager Dan Nickols reckons onsite visits can be a waste of research time
Capita Life and Pensions Services' managing director is aiming to steal a march on Vertex with provider deals in the pipeline and up to 20 big adviser firms on its radar. The firm is steadily building its business in the IFA market and more deals could be on the way, including a compliance service. Interview by Paul McMillan
The VCT industry is crossing its fingers and hoping for 40 per cent income tax relief to be retained in the Chancellor's Budget speech this month, says NVM investment director Tim Levett
Supermarkets are fast taking over traditional IFA distribution channels
Standard's Lawson says contribution levels are double Turner's figure
In a Money Marketing round table discussion, six of the industry's leading pension experts give their views on A-Day and how money-purchase schemes fit into the plans, the main losers in an NPSS world and the group Sipp market. Report by Nicola York
Paul McMillan sets out the long and winding route which has ended with Berkeley Berry Birch going into administration
Hedge funds: Mystery surrounds the workings of hedge funds and IFAs are concerned that the FSA may be about to relax the rules for retail investors, says Nicola York
The three Adviser Fund Indices have maintained consistent outperform-ance since their inception, says Adviser Fund Index editor James Teasdale
More financially secure clients don't need all this Jack and Jill paperwork
Jamie Ricketts, assistant underwriter at E&O Professional, looks at the benefits that pension fund trustees can get from trustee liability insurance
HMRC's plans to stamp out tax-free cash recycling will only extend the red tape
Stock selection should play a vital role in enabling investors to beat the market
Smith & Williamson Investment Managements tax efficient solutions department is raising up to 30m for the Edge Performance VCT, a venture capital trust investing in the promotion of live music and other events.
Climate Change Capitals Ventus 2 and 3 are specialist twin venture capital trusts that invest identically in companies that are developing, constructing and operating small UK wind energy projects.
This is a case of best advice sadly ignored and how negative the affects can be.
We need a regulatory regime that doesn't encourage or support claims
In my last article, I started to look at a number of important developments relating to pensions which will enable financial advisers to add considerable value for a wide variety of clients and prospective clients.