Money Marketing
9 February 2005

Abbey - Five Year Fixed Rate Mortgage

11 Feb 2005

AbbeyFive Year Fied Rate Mortgage

A-day costs soar to 1bn

10 Feb 2005

Pension consultancy Hunts-wood claims the cost to the industry of preparing for A-Day will be around 1bn, at least double the amount anticipated.

Advisers sample training plan for lecturers' scheme

10 Feb 2005

A group of the Personal Finance Society's best-qualified advisers has attended pilot training schemes on the Universities Superannuation Scheme in advance of a national advisory programme being rolled out this year.

Allchurches duo to lead IFA drive

10 Feb 2005

Allchurches Investment Management, the fund management arm of Ecclesiastical Insurance, is making a push into the IFA market with the recruitment of its first dedicated sales team.

Barclays moving into multi-manager

10 Feb 2005

Barclays is introducing a range of multi-manager portfolios for retail customers investing between £25 and £1m.

Battle of the brands over FSA logo

10 Feb 2005

Concern were voiced at a Money Marketing round table that the FSA logo on key fact documentation is overpowering product providers' branding and could mislead consumers.

Brown boost for Isa sales

10 Feb 2005

Fidelity says investor confidence has been boosted by the Government's decision to consult on Isa contributions.

CBI sides with ABI to reject citizen's pension

10 Feb 2005

The CBI has joined the ABI in its criticism of the NAPF's plan for a citizen's pension and an end to contracting out.

Chilton on mortgages

10 Feb 2005

Talking to lenders over the past few days, they all assert that applications in January were between 40 and 60 per cent below target. This is clear evidence that the market slowdown indicated by data from the Council of Mortgage Lenders and the Bank of England at the end of last year has continued well into this year.

City barrister takes role in review of RDC

10 Feb 2005

A top City barrister will advise the FSA on its investigation into the regulatory decisions committee and enforcement processes.

Commission for life in chase de vere plan

10 Feb 2005

Chase de Vere Mortgage Management has set up a ground-breaking scheme to pay advisers commission for life for introducing clients and any referrals they then give.

Dawnay Day explores base metals

14 Feb 2005

Dawnay Day QuantumProtected Commodities Accelerator II

Death of David Norton

10 Feb 2005

Former Institute of Financial Planning chairman and president David Norton has died, aged 54.

Directors want an end to compulsory retirement

10 Feb 2005

Business leaders want compulsory retirement ages to be abolished, according to research from the Institute of Directors.

Don't myth out on the non-conforming market

10 Feb 2005

There are widespread false perceptions about non-conforming borrowers.

DWP sets out the five-year plan for flexi-retirement

10 Feb 2005

People who defer their state pension for five years will get a lump sum of over 32,000 under Department for Work and Pensions proposals in its five-year strategy on flexible retirement.

Exchange offers comparative quotes

9 Feb 2005

First bank to announce multi-tie agreement

14 Feb 2005

First State takes Aim

15 Feb 2005

First State Investments is raising up to 20m for its Aim VCT, a venture capital trust which invests in the alternative investment market.

FSA crackdown on cross-subsidy rates

10 Feb 2005

Lenders are braced for the FSA to impose rules proposed in the Miles review that could stop different rates being offered to new and existing customers.

FTSE 100 breaks 5000 barrier

9 Feb 2005

GMAC RFC - Buy-to-Let 3 Year Fixed

14 Feb 2005

GMAC RFCBuy-to-Let 3 Year Fixed

Greg Boyko

10 Feb 2005

There's a buzz going round the life business as US giant Hartford Life International gets set to move into the UK, and its bee-keeping chairman aims to make it the land of milk and honey with the focus on service

Help tsunami children

10 Feb 2005

The Bournemouth Philharmonic will play Prokofiev's Peter and The Wolf in May to support the Money Marketing/Financial Services Charitable Foundation tsunami appeal.

IFA debate is urged on fund manager quality

10 Feb 2005

Dennehy Weller managing director Brian Dennehy is calling for IFAs to share their investment research to create a debate on the quality of fund managers.

IFAs will recommend UK equities & bonds in 2005

15 Feb 2005

Iimia funds charge performance fees based on cash benchmark

10 Feb 2005

Fund manager iimia has introduced three funds of funds which it says are the first FSA-authorised funds to base performance fees on a cash benchmark.

iimia innovates with cash benchmark for performance fee

9 Feb 2005

Fund manager iimia has introduced three funds of funds which it believes are the first FSA-authorised funds to base performance fees on a cash benchmark

IMA says FSA prospectus move adds complexity

10 Feb 2005

The IMA says the FSA's proposals on the EU simplified prospectus requirements are a missed opportunity to enh-ance consumer understanding of investment funds.

Intelligent finance probes broker incentive claims

10 Feb 2005

Intelligent Finance is to investigate after a mortgage broker claims incentives were being offered which could fall foul of disclosure regulations.

Invesco Perpetual offer two per cent discount

14 Feb 2005

Investment edge: Billy Burrows

10 Feb 2005

There are only a few firms offering annuities which means there is not strong competition. The annuity market resembles the supermarket industry - a small number of competitive firms all looking to increase market share.

Investment view

10 Feb 2005

Amid all the contradictory indications at present, the watchword for investors is diversification.

Is Severn up for a fight with the FSA?

10 Feb 2005

We need an organisation that is going to be forceful. It has to be led by someone who is finally going to stop the IFA being bullied and stomped on by the rest of the industry.

Julian gibbs

10 Feb 2005

Keith Popplewell - A gender for change

10 Feb 2005

In my past couple of articles, I have started to discuss the state of play in a number of important areas of pensions in which very recent or imminent developments are destined to have a significant effect on a large number of people.

Lacomp revives EIS fund

10 Feb 2005

The Lacomp British enterprise Fund 4 is an enterprise investment scheme fund that will invest in unquoted companies at an early stage of their development.

Lenders to be named and shamed by BM

10 Feb 2005

BM Solutions is embarking on a campaign to name and shame lenders which it feels are not giving a fair deal to consumers.

Lifesearch warns rate rise will see sales fall

10 Feb 2005

Protection rates will rise, resulting in a potential loss of business for IFAs, according to the latest quarterly report by Lifesearch.

Martin currie recruits investec and aberdeen fund chiefs

10 Feb 2005

Martin Currie is boosting its team with a new managing director from Investec and a fund manager from Aberdeen.

Mortgage top choice in the new cii exams

10 Feb 2005

The mortgage exam paper proved the most popular choice of the six subjects available in the Chartered Insurance Inst-itute's new certificate in financial planning.

Multi-manager launch from Zurich

9 Feb 2005

Multi-tie prospects losing ground

10 Feb 2005

Support service provider Threesixty Services says multi-ties have slipped down its agenda as it is optimistic over prospects for growth in the independent channel.It says it will focus its efforts on the independent sector rather than multi-ties.

Okey joins Abbey to drive loan and protection sales

10 Feb 2005

Ex-Charcol managing director Ricky Okey has joined Abbey for Intermediaries as director, mortgages and protection.

Out of sight

10 Feb 2005

What happens to existing policies with providers which are outside a panel as some IFA firms choose to tie or multi-tie to a restricted number of providers? It is a big issue and there are several possible outcomes.

Peak practice

10 Feb 2005

Raising investor awareness of branding is clearly an uphill climb so is it any surprise that Invesco Perpetual has brought back its mountain logo? The image is famous for being the visual identity of Perpetual until its takeover by Invesco at the end of 2000.

Pensions Simplification reminder from FSA

11 Feb 2005

Pink Home Loans - Mortgage Trust MT Select 3 Year Discount Buy-To-Let

10 Feb 2005

Premier comes up with twist on early maturity

14 Feb 2005

Premier Fund Managers has established a capital-protected fund which divides the amount invested into six segments and allows for one segment to mature in year one, two segments to mature in year three and so on, with the remaining segments remaining inv...

Profits double at Positive Solutions

10 Feb 2005

Profits at national franchise Positive Solutions rose by a record 113 per cent from 1.1 in 2003 to 2.4m last year.

Protection racket

10 Feb 2005

'Raise recognition for family income benefit'

10 Feb 2005

Lifesearch has challenged product providers to raise the profile of family income benefit easier which it sees as a neglected product.

Russia gets moved up to investment-grade status

10 Feb 2005

Russia has been upgraded by three major rating agencies to investment-grade status just six years after defaulting on its debt.

Savings tool finds best rates for bigger balances

10 Feb 2005

Investec Private Bank has devised a savings index to give a picture of the deposit rates available on savings accounts with balances over 25,000.

Scottish Life offers support pre-A-day

11 Feb 2005

Sense of balance base instincts we must back fsa objectives

10 Feb 2005

Solutions to the shortfall

10 Feb 2005

Early feedback to the Pensions Commission report on improving provision in the UK suggests the industry staunchly opposes compulsion but want to see the state pension system reformed, says Philip Scott

St James's place gap-fills to expand product range

10 Feb 2005

St James's Place is expanding its range of products and services from May by gap-filling.

Stewart ritchie on pensions

10 Feb 2005

It is often said that the new pensions tax regime is not the simplification it is claimed to be but, in my view, most of the complexity is voluntary. People who embrace the complexity do so because it is in their interests. A prime example of this is enhanced protection for defined benefits (EP for DB).

Tech firm offering client bank deal to retiring IFAs

10 Feb 2005

Technology firm IFA Data is offering advisers who want to leave the industry a way to make old client banks marketable.

The cookie crumbles

10 Feb 2005

THE IFP view

10 Feb 2005

A couple of things have happened over the last couple of weeks that have both interested and frustrated me at the same time.

TMB back in the market with new range

10 Feb 2005

The Mortgage Business has come back to the market with a full range after being forced to close to new business last year.

Treasury to consult on PI Euro rule exemption

15 Feb 2005

The Treasury will consult on plans to allow IFAs to become exempt from a new European law that could push up PI bills by thousands.

Warning on deferrals

10 Feb 2005

Falling annuity rates mean deferring annuity purchases can cost pensioners hundreds of pounds a year, GE Life is warning.

We need simplicity rather than spinning around in circles

10 Feb 2005

One day quite recently, I found myself daydreaming and reminiscing about how we played tops in our school playground. We would draw a ring in the dirt, place a stick in the middle, wrap a cord around our spinning tops,take aim and let fly.

Willcocks joins M&G's biggest push into equities for 10 years

10 Feb 2005

M&G has appointed former MFS UK sales director Jonathan Willcocks as head of discretionary sales.

Zurich adds multi-manager to CPPI

11 Feb 2005

Zurich has established a unit-linked multi-manager fund which uses constant proportion portfolio insurance (CPPI) to protect 80 per cent of the funds highest value.