Money Marketing
Online - October 2009
-
Aviva - Critical Illness Cover
21 Oct 2009
-
Schroders to drop Japan from far east income fund
13 Oct 2009
-
Standard Bank Offshore - Quantum Plus 4
Online - October 2009
-
"Women on FS boards are necessary for understanding customers", says Harman
20 Oct 2009
Equalities secretary of state Harriet Harman says women on the board ensures FS firms understand their customers.
-
“Govt unlikely to extend ABS guarantee scheme” says Fitch
21 Oct 2009
Structured finance issuers have not used the scheme.
-
1st - The Exchange teams up with Novia
30 Oct 2009
Adviser Office users will now have access to online valuations and commission data on the Novia wrap.
-
87% of IFAs advise on ethical investments
30 Oct 2009
National Ethical Investment Week and Aifa survey explores the prevalence of ethical advice.
-
A Wise approach to income
19 Oct 2009
-
Abbey For Intermediaries - 5 Year Fixed Rate
26 Oct 2009
-
Abbey For Intermediaries - HomeBuyer Plus Two-Year Fixed
8 Oct 2009
-
Abbey introduces higher LTV
15 Oct 2009
-
Abbey profits soar 37 per cent
28 Oct 2009
Abbey’s profits have soared by 37 per cent to £1.2bn
-
Abbey unveils four year fix
8 Oct 2009
-
Aberdeen reports £300m inflows
Online - October 2009
Aberdeen Asset Management has announced net inflows of £300m in the last quarter.
-
Aberdeen soft closes GEM range
19 Oct 2009
Group looks to tackle strong inflows.
-
ABI advises on postal strike contingency plans
22 Oct 2009
Insurers will be sending documents by email, telephone and fax to get around the strike
-
ABI appoints Standard Life's Peter Jolly
21 Oct 2009
Jolly joins as assistant director for consumers and distribution reform.
-
ABI backs King’s bank split proposal
22 Oct 2009
Insurer body calls for banks to be split into ‘manageable units’.
-
ABI calls for HMRC to revisit estate governing rules
13 Oct 2009
-
ABI calls for lower qualifications for simplified advisers
30 Oct 2009
The Association of British Insurers calls for further development of simplified advice services.
-
ABI kicks-off IP review
27 Oct 2009
The ABI has started gathering data for its Income Protection Statement of Best Practice.
-
adviser evolution: Leader
27 Oct 2009
Adviser Evolution consulting editor Cherry Reynard sets out the many challenges facing advisers.
-
Aegon AM promotes duo on fixed income range
30 Oct 2009
Buckle and McNeil to take on joint manager role on trio of funds.
-
Aegon launches direct annuity service
16 Oct 2009
Direct service will initially be offered to Telegraph readers.
-
Aegon will cover costs of drawdown system error
15 Oct 2009
-
AIC warns Euro directive will increase consumer costs
13 Oct 2009
-
Aifa and UKSIF to host ethical investment seminars
13 Oct 2009
Green investing seminars open to advisers
-
Aifa fears adviser charging will isolate Britain from EU partners
29 Oct 2009
Director Robert Sinclair fears adviser charging could leave Britain standing alone.
-
Aifa wants no-loss, no-fee shake-up for ombudsman
22 Oct 2009
Trade body says FOS must be subject to UK law and bound by legal precedent.
-
Alastair Campbell says Osborne lacks credibility among the City
28 Oct 2009
Campbell says Osborne is more interested in short-term political tactics than long-term economic policy.
-
Albion Ventures - Albion Development VCT D Shares
7 Oct 2009
-
Albion Ventures VCT pitched as pension alternative
16 Oct 2009
-
Alliance & Leicester - Three Year Flexible Tracker
20 Oct 2009
-
Alliance & Leicester - Two Year Fixed Rate Remortgage
20 Oct 2009
-
Allianz Global Investors - Allianz RCM Discovery Europe Strategy Fund
22 Oct 2009
-
Analyst doubts pension U-turn
22 Oct 2009
Hargreaves’ Khalaf says it is unlikely the Tories would significantly alter personal accounts.
-
Andrew Yeadon: Don't go on the defensive yet
22 Oct 2009
“Over the next couple of quarters, we expect the general tone of economic and corporate newsflow to remain positive”
-
Annuitise now before rates tumble, says Hargreaves
19 Oct 2009
Pre-retirement investors should lock in stockmarket gains by annuitising while rates are still good.
-
Arc Capital & Income - Fixed Income Plan 16
15 Oct 2009
-
Arc restructure cuts compliance team
21 Oct 2009
Structured product provider Arc Capital & Income slims down compliance team with a restructure.
-
Ascentric and Cofunds to white-label Towergate platforms
23 Oct 2009
-
Ascentric exceeds £1bn assets on platform
27 Oct 2009
Ascentric has exceeded £1bn funds under administration on its platform.
-
ATP pulls out of personal accounts admin bid
15 Oct 2009
ATP pulls out of the running for the personal accounts administration contract leaving three bidders to battle it out.
-
Audit office flags £250m tax overpaid by pensioners
23 Oct 2009
NAO slams discrepancies in HMRC systems.
-
Aviva calls on FSA to drop provider responsibility for adviser charging
28 Oct 2009
Aviva says this RDR proposal will maintain a link between IFAs and providers.
-
Aviva chief Moss admits to affair at work
23 Oct 2009
Andrew Moss had an affair with a colleague who was married to the head of human resources.
-
Aviva critical illness cover cruises up quality table
23 Oct 2009
-
Aviva Investors - Defined Returns Fund 2
14 Oct 2009
-
Aviva launches new CI product
9 Oct 2009
-
Aviva reduces MVRs on with-profits
19 Oct 2009
Stockmarket rally sees Aviva follow other insurers in cutting exit penalties.
-
Axa PPP healthcare introduces new helpline
15 Oct 2009
-
Axa targets Sipp at families
9 Oct 2009
-
'Axe middle-class welfare and include protection in personal accounts'
22 Oct 2009
Think tank Reform urges the Tories to launch personal welfare accounts to protect people against life’s shocks.
-
Bank advice criticised after investment falls
23 Oct 2009
Adviser hits out at Natwest’s pensioner advice.
-
Barclays acquires Standard Life bank
26 Oct 2009
Standard Life sells off its banking arm for £226m and agrees to work with Barclays on a ‘simplfied pension product’.
-
Barclays Global Investors- iiShares S&P 500 Accumulating
6 Oct 2009
-
Barclays Global Investors- iShares Barclays Euro Corporate Bond 1-5
5 Oct 2009
-
Barclays Global Investors- iShares Barclays Euro Corporate Bond ex-Financials 1-5
5 Oct 2009
-
Barclays to sell off £4bn of assets
12 Oct 2009
Bank looks to clean up books and boost shareholder approval
-
Barclays Wealth - Target Growth Plan - November 2009
27 Oct 2009
-
Barings opens emerging equity fund to retail market
26 Oct 2009
Group brings institutional fund to the retail market.
-
BBA and Lord Lipsey clash over 'restricted advice' label
29 Oct 2009
BBA says RDR’s ‘restricted’ tag has negative connotations.
-
Blanchflower says a Tory Govt could lead to a "death spiral" in the economy
12 Oct 2009
-
Blue Sky applies minimum growth to bull & bear
14 Oct 2009
-
Blue Sky Asset Management - Absolute Return Plan
8 Oct 2009
-
Blue Sky touches absolute returns
30 Oct 2009
-
Bolton predicts continued bull run
22 Oct 2009
Fund manager guru predicts long-term profits.
-
Brown hits back at King’s banking proposals
21 Oct 2009
PM argues against splitting the banking sector.
-
BSI develops compliance standard
26 Oct 2009
British Standards to launch voluntary standard in Spring 2010.
-
Bupa reduces IP rates
13 Oct 2009
-
Calculus launches 10th EIS fund
21 Oct 2009
Calculus launches its tenth enterprise investment scheme fund.
-
Camilleri & Associates launches wealth management arm
29 Oct 2009
The new division will be headed up by Richard Simmonds.
-
Cardif Pinnacle - Guaranteed Bond
13 Oct 2009
-
Cash crunch
22 Oct 2009
-
Cat out of the bag
23 Oct 2009
-
Cautious managed sector returns to favour in Q3, says Cofunds
22 Oct 2009
Cautious managed sector gains momentum against corporate bonds, Cofunds’ latest figures show.
-
CBI will assess plan B for pensions
30 Oct 2009
Business groups drafted in to review personal accounts plan B before it is presented to the Tories.
-
Central Nucleus
22 Oct 2009
-
Chancellor cuts Isle of Man budget by 24%
21 Oct 2009
Alistair Darling makes 24 per cent tax grab on Manx budget.
-
Chancellor to give Lloyds green light for rights issue
29 Oct 2009
Chancellor Alistair Darling will give Lloyds the go-ahead for refinancing plans.
-
Chatfeild-Roberts boosts tech exposure in Jupiter MM range
23 Oct 2009
Multi-manager team continues to add technology exposure with second fund.
-
Cirencester Friendly chief executive elected president of AFS
13 Oct 2009
-
City hits back at Osborne bonus proposals
27 Oct 2009
The City has slammed Shadow Chancellor George Osborne’s proposals to impose caps on retail bank bonuses.
-
Clarity case
27 Oct 2009
-
Closed circuit
22 Oct 2009
Kira Nickerson looks at the pick up in investment trust performance.
-
Cofunds blasts life offices
16 Oct 2009
Cofunds has claimed life offices’ only interest in platforms is to stem the outflow of client assets.
-
Cofunds confident on deals over fees
30 Oct 2009
Platform predicts deals will be agreed with all larger firms.
-
Cofunds teams up with Technical Connection for pension consolidation seminars
23 Oct 2009
The eight seminars will cover pension transfers, suitability issues and regulatory issues.
-
Collins Stewart launches fund of absolute return funds
27 Oct 2009
Fund to target 6 to 10 per cent per annum.
-
Commercial brokers doubt buy-to-let regulation
9 Oct 2009
-
Competition Appeal Tribunal overturns CC's point of sale PPI ban
16 Oct 2009
Judge says CC’s methodology was defective.
-
Competitive edge
27 Oct 2009
-
Conservatives to offer Lord Turner senior BoE role
12 Oct 2009
Tories to give Turner top BoE role, according to reports.
-
Consumer Panel calls for personal PPI fines for senior bankers
26 Oct 2009
FSCP chair says bank chiefs should be personally held to account.
-
Control system
23 Oct 2009
“The jury is still out as to whether the necessary changes have been made to ensure effective regulation in the future.”
-
Cooper says DWP has no plans to block master trusts
23 Oct 2009
Work and Pensions Secretary says she is not worried by the predicted increase in schemes.
-
Core beliefs
23 Oct 2009
James Smith’s boutique view: Brown Shipley.
-
Countdown to 2012 - Shaping the delivery of workplace pensions
Online - October 2009
-
Court overturns Govt decision on Equitable
15 Oct 2009
More policyholders to receive compensation as court rules against Government.
-
Coventry Building Society - Offset +2.9% BBR Tracker to 31.12.11
12 Oct 2009
-
Coxell looking at buying Capita arms
22 Oct 2009
Former Capita MD considering bid for financial software arm.
-
Curtis Banks - Flexible Family Trust
7 Oct 2009
-
Curtis Banks keeps it in the family
13 Oct 2009
-
Curtis Banks makes Sipp a family affair
26 Oct 2009
-
Cut Rock’s Govt guarantees, says BSA
28 Oct 2009
Trade body argues that the EU-sanctioned break-up does not go far enough to ensure a level playing field.
-
Darling says "No Rock sale before election"
29 Oct 2009
Chancellor rules out a sale of Northern Rock before the election next year.
-
Dealing costs do not drag down performance, says IMA
27 Oct 2009
Research finds that costs are not a drag on performance.
-
Dear Rob and Roderic...
28 Oct 2009
-
Defining moment
28 Oct 2009
“You need to define your proposition,” says In Partnership’s Mark Pittaccio
-
Desperate Government in pensions denial
9 Oct 2009
Eagle fails to recognise New Labour’s many pension failures.
-
Distribution Technology voted fastest growing tech company by Deloitte
22 Oct 2009
Distribution Technology scoops award for fastest growing technology firm in 2009.
-
Dominion appoints Nick McCathie as MD
21 Oct 2009
Guernsey-based asset manager Dominion announces senior appointments.
-
Early warning
22 Oct 2009
-
Economy over the worst, says BoE
14 Oct 2009
-
Ellipse targets individual IFAs with streamlined group risk proposition
Online - October 2009
-
Email from Hector Sants to FSA staff
Online - October 2009
-
Emerging markets funds may face EU restrictions
21 Oct 2009
Directive has ‘guilty until proven innocent’ liability.
-
Equity release plans up a fifth, says KRS
12 Oct 2009
-
EU warns UK of spiralling debt risk
15 Oct 2009
-
Europe gives green light for Northern Rock split
28 Oct 2009
EU approves plan to create ‘good’ and ‘bad’ banks from the state-owned bank’s assets.
-
Ex-Burns Anderson IFA remanded in custody in £8m fraud trial
30 Oct 2009
Grahame Whitehead charged with 49 offences of obtaining money transfers by deception.
-
Execution-only online services a huge opportunity for IFAs
26 Oct 2009
Nick Bamford says IFAs should embrace new internet opportunities alongside their financial planning services.
-
Ex-New Star CIO Alan Miller attacks hidden charges totalling £5.8bn a year
15 Oct 2009
-
Ex-Skandia finance head to join Cofunds
12 Oct 2009
-
F&C considers acquisitions
30 Oct 2009
F&C says it would look to acquire after AUM increase of 12 per cent in Q3.
-
Feathering solicitors' nests
20 Oct 2009
Lord Hunt’s report will reinforce solicitors’ will writing monopoly.
-
Fidelity FundsNetwork launches ongoing fee service
29 Oct 2009
The service supports advisers moving from commission to a fee-based model.
-
Financial advisers jailed in £2m VAT fraud
21 Oct 2009
Three financial advisers were among eight people jailed today for taking part in a large tax fraud.
-
Financial Services Skills Council puts all staff on consultation
29 Oct 2009
FSSC says all 37 staff roles are at risk.
-
Fitch downgrades Nationwide's outlook to negative
30 Oct 2009
Fitch Ratings downgrades Nationwide’s outlook from stable to negative.
-
Fitch downgrades seven building societies' subordinated notes
30 Oct 2009
Fitch Ratings has downgraded seven building societies’ subordinated notes and permanent interest bearing shares.
-
Fitch puts Cleri Med on negative watch after sell-off fears
28 Oct 2009
Ratings agency says Lloyds may be forced to sell off brand by EU.
-
Fix the banks or risk another recession, says new MPC member
27 Oct 2009
Adam Posen, the newest member of the MPC, says UK faces a ‘double dip’ recession unless the banking sector is fixed
-
Former Kaupthing CEO named as suspect in fraud case
12 Oct 2009
-
FOS appoints David Thomas as interim chief executive
15 Oct 2009
FOS appoints interim chief executive
-
Franklin Templeton fixed income group hires research director
15 Oct 2009
-
Friends Prov head of protection joins LV=
9 Oct 2009
-
Friends shareholders to decide on Resolution share offer
15 Oct 2009
-
From field to fork
22 Oct 2009
Dampier looks at the Sarasin AgriSar fund.
-
FSA approach to banker bonuses sparks fears of two-tier pay scales
30 Oct 2009
US financial firms with UK operations worry the FSA’s bank bonus clamp down could lead to a two-tier pay system.
-
FSA bans broker for false income submissions
12 Oct 2009
Mortgage broker inflates income on mortgage and loan submissions.
-
FSA bans East London mortgage broker
21 Oct 2009
Broker is banned for submitting fraudulent mortgage applications.
-
FSA calls for capital surcharge for banks
22 Oct 2009
Regulator sets out its proposals to shore up the banking system.
-
FSA confirms Arc Capital & Income in administration
26 Oct 2009
The FSA has announced that structured product provider Arc Capital & Income is going into administration.
-
FSA cost analysis fails study time test
22 Oct 2009
Sesame warns the regulator has seriously underestimated the costs of obtaining QCF level four.
-
FSA fines Swinton Group £770,000, offers 480,000 refunds
28 Oct 2009
The regulator forces Swinton to contact 350,000 customers and refund 480,000 PPI policies.
-
FSA mortgage paper: broker reaction
19 Oct 2009
Advisers warn that banning self-cert and fast-track will reduce mortgage access.
-
FSA must re-affirm RDR objectives
26 Oct 2009
Aifa has called on the regulator to confirm its original aims of the retail distribution review.
-
FSA orders major structured products review - 3 advice firms face enforcement
27 Oct 2009
The FSA says it has found “significant advice failings” on Lehman-backed products in most of the financial advice firms sampled in its review.
-
FSA reminds CEOs to carefully vet appointments
14 Oct 2009
FSA warns CEOs of recruitment responsibilities
-
'FSA should see no difference between commission and fees for RDR' - Cheseldine
23 Oct 2009
-
FSA to launch online application system
13 Oct 2009
Regulator to scrap paper-based system for applications and notifications
-
FSA to scrap ‘whole of market’ mortgage label
19 Oct 2009
Regulator likely to simplify mortgage adviser tags
-
FSA warns firms of "substantial" liquidity cost
12 Oct 2009
Firms to pay high price for liquidity requirements
-
FSA warns insurers off bypassing RDR through trust-based schemes
23 Oct 2009
-
FSA will not apply RDR to mortgage market
19 Oct 2009
Regulator sees no need for higher qualifications and adviser charging in the mortgage sector.
-
FSCS pays out split claim after first rejecting case
23 Oct 2009
Scheme pays out on misselling claim a year after rejecting it.
-
FSSC appoints two new board members
28 Oct 2009
L&G’s Adrian Clark and Santander’s Bernadette Brown join the Financial Services Skills Council board
-
Future of structured provider Arc in doubt due to Lehman plans
26 Oct 2009
-
Gartmore appoints Brian Mitchell as head of dealing
19 Oct 2009
Gartmore announces appointment of new head of dealing
-
Gartmore appoints head of Asian equities
21 Oct 2009
Jan de Bruijn joins from Threadneedle Asset Management where he was an Asia-Pacific equity fund manager.
-
Gartmore may have IPO before Christmas
22 Oct 2009
Fund manager Gartmore is reportedly facing a stock market flotation before the end of the year.
-
George Osborne announces advisory team to shake-up FSA
21 Oct 2009
The team is made up of banking, regulatory and consumer experts.
-
Gilliat Financial Solutions - Income Series Issue 2
22 Oct 2009
-
Gilliat goes for lock-in
8 Oct 2009
-
Gilliat launches AAA rated fixed income plan
22 Oct 2009
Structured product provider Gilliat announces the launch of a new AAA rated fixed income plan.
-
GMAC-RFC customers to get up to £117 each in refunds after FSA action
29 Oct 2009
GMAC-RFC has apologised to customers after the FSA fined it for unfair failings today.
-
GMAC-RFC fined £2.8m by FSA, to pay up to £7.7m customer redress
29 Oct 2009
Lender treated arrears and repossessions customers unfairly and must pay redress to more than 46,000 customers.
-
Godiva Mortgages - +4.49% BBR Tracker to 31.12.11
9 Oct 2009
-
Godiva Mortgages - 5.2% Fixed to 31.12.11
9 Oct 2009
-
Government extends Equitable compensation
21 Oct 2009
Treasury tells Sir John Chadwick to adhere to last week’s High Court ruling.
-
Government investigates RBS and Lloyds over loan levels
9 Oct 2009
-
Govt proposes to cut long-stop to 10 years
28 Oct 2009
Advisers say the move further highlights the imbalance between financial services and other industries.
-
Govt will not underwrite Lloyds cash call
15 Oct 2009
-
Greedy banks or a broken sector?
9 Oct 2009
Is the Government right to investigate the SME lending practises of Lloyds and RBS?
-
Green shoots
23 Oct 2009
-
Gross mortgage lending rises 2 per cent
20 Oct 2009
CML figures show mortgage lending has risen in September.
-
Group picture
22 Oct 2009
“Perhaps there is synergy with Mickey and his pals and those in banking. Both are disconnected with real life and take large amounts of money for an unsuspecting public”
-
Hargreaves Lansdown reaps benefits of market rebound
20 Oct 2009
First quarter assets jump as markets improve.
-
Hawksmoor positive on Japan
Online - October 2009
-
Health checks
22 Oct 2009
-
Henderson New Star to rebrand Pacific growth fund
26 Oct 2009
Rebrand will see fund change to a total return offering.
-
High Court winds up Freedom Sipp
14 Oct 2009
-
HIM Capital - Income Fund
26 Oct 2009
-
HML appoints head of finance
22 Oct 2009
Martin Brook joins from Aviva.
-
HMRC confirms Freedom client will not incur tax penalty
22 Oct 2009
HMRC confirms client will not face 40 per cent tax hit if he transfers pension.
-
Honister Capital appoints compliance head
21 Oct 2009
Phil Bond joins from Swaines Limited.
-
Honister forms adviser consultation board
23 Oct 2009
The nine-strong team will work closely with Honister’s board of directors.
-
Hornbuckle hits out at Talbot & Muir
29 Oct 2009
Mary Stewart raises concerns about T&M allowing Sipp and SSAS clients to withdraw 25 per cent each year above the GAD limit.
-
House prices rise for sixth consecutive month
30 Oct 2009
Nationwide says house prices have risen for the sixth consecutive month.
-
How to choose a wrap platform
20 Oct 2009
Holly MacKay outlines the key areas IFAs need to investigate before picking a wrap.
-
HSBC appoints John Flint as asset management chief exec
14 Oct 2009
-
HSBC Exchange Traded Funds - DJ Eurostoxx 50 ETF
12 Oct 2009
-
HSBC Global Asset Management - Middle East and North Africa Fund
14 Oct 2009
-
HSBC Global Asset Management unveils Mena fund
23 Oct 2009
-
HSBC launches fund of hedge funds
15 Oct 2009
New product to offer weekly liquidity
-
Iceland to repay lost deposits
20 Oct 2009
Iceland reaches an agreement with the UK and Netherlands governments to repay billions of pounds of depositors lost money.
-
IFA consolidators say they will be unaffected by FSA warning
20 Oct 2009
Sucession Advisory Services and Financial Inspirations say FSA guidance will not impact on them.
-
IFA firm PW White & Partners picks Novia wrap
21 Oct 2009
The Buckinghamshire-based firm currently has £100m funds under management.
-
IFAs to increase platform usage, says Skandia
15 Oct 2009
-
IFP calls for FSA to limit RDR costs
15 Oct 2009
IFP calls for watchdog to keep RDR costs low
-
IIB president calls for FSA to put brakes on RDR
29 Oct 2009
Institute of Insurance Brokers president John Greenway says FSA should put the brakes on the RDR due to EU uncertainty.
-
IMA calls for further annual increase in Isas for pre-Budget report
30 Oct 2009
Trade body wants to improve the competitiveness of the UK fund management industry.
-
IMA concerned by Walker Review proposals
15 Oct 2009
Trade body says goverance rules should be implemented through guidence rather via the combined code.
-
Imla slams FSA's tough line on securitised lenders
19 Oct 2009
Intermediary Mortgage Lenders Association warns against consequences of tighter regulation of non-banks.
-
Inflation falls to 1.1%
13 Oct 2009
-
ING forced to split by European Commission
27 Oct 2009
ING has been forced to split in two by the European Commission, sending a warning to UK state-owned banks.
-
Insurers' fears over EU regs on bank bonds
27 Oct 2009
Insurers are worried European regulations on bonds will hit annuities.
-
Invesco acquires Morgan Stanley retail business
20 Oct 2009
Invesco Perpetual parent company to buy retail business for $1.5bn
-
Investors rush to buy Nationwide's £3.5bn RMBS
28 Oct 2009
Strong appetite among investors raises hopes of RMBS market re-opening.
-
Jaques leaves Henderson
15 Oct 2009
Laurie Jaques, the head of UK wholesale at Henderson, has left the company to pursue opportunities elsewhere.
-
Jersey companies list with Hong Kong Exchange
13 Oct 2009
-
Joint committee on human rights drops long stop investigation
27 Oct 2009
The committee finds the lack of a 15-year long stop for advisers does not breach human rights.
-
Jon Bennett and European managers to leave Aegon
15 Oct 2009
Four members of Aegon Asset Management’s European equity team will leave the group together with Jon Bennett, the sales and marketing director.
-
Jubilee Financial Products - Early Redemption Plan Issue 4
16 Oct 2009
-
Jubilee links to Hang Seng China Enterprise Index
30 Oct 2009
-
Juggling business with RDR changes
30 Oct 2009
Lisa Chantrey is contemplating the transitions required by the retail distribution review.
-
Julius Baer opens natural resources fund to British investors
20 Oct 2009
Best ideas portfolio to focus on agriculture, energy and mining.
-
Jupiter unveils Gibbs' new funds
27 Oct 2009
Absolute return and international financials funds set for launch.
-
Just Retirement equity release sales jump 50 per cent
16 Oct 2009
Equity release advances jumped 50 per cent in stellar quarter for the firm.
-
Just wear black
12 Oct 2009
-
Kay Blair appointed as Consumer Panel vice chairman
13 Oct 2009
The FSA makes four appointments at the FSCP.
-
L&G club ties up with KRS
14 Oct 2009
Mortgage club teams up with Key Retirement Solutions to offer equity release referral service.
-
L&G launches reverse tracker
19 Oct 2009
Mortgage club teams up with Accord to offer “ground-breaking” loan.
-
L&G underwriting helpline takes 500,000 calls
26 Oct 2009
The helpline has taken 500,000 calls since launching in 1999.
-
Lack of comparison tools make ETFs a tough choice
26 Oct 2009
Schroders marketing head James Rainbow says advisers should be wary of ETFs.
-
Lakey sets up Adviser Alliance lobby group
14 Oct 2009
Alan Lakey launches lobbying body, Adviser Alliance
-
Landsbanki depositors call for public inquiry
19 Oct 2009
Landsbanki Guernsey depositors are demanding a public inquiry into the bank’s collapse.
-
Law Commission proposes inheritance rights for co-habiting couples
30 Oct 2009
Law Commission announces proposals to modernise inheritance rules.
-
Leeds Building Society - 0.5% Two Year Discount Online Mortgage
23 Oct 2009
-
Leeds Building Society - 2 Year Base Rate Tracker +3.49% Online Mortgage
23 Oct 2009
-
Legal & General - FTSE Early Bonus Plan 1
29 Oct 2009
-
Legal & General - FTSE Growth Plan 1
29 Oct 2009
-
Legg Mason - LMCM Opportunity Fund
13 Oct 2009
-
Legg Mason - Permal Global Absolute Return Fund
19 Oct 2009
-
Legg Mason launches absolute return fund
12 Oct 2009
-
Legg Mason sees opportunities in flexibility
21 Oct 2009
-
Lehman investors fear redress setback
23 Oct 2009
Action group is worried investors will be put at the back of the queue.
-
Lehman terms
21 Oct 2009
-
Lib Dems push for stakeholder mortgages
20 Oct 2009
Shadow Chancellor Vince Cable wants a new breed of “simple and safe” mortgage products.
-
Life offices to draw up plan B for personal accounts
14 Oct 2009
Consortium of life offices to draw up plan B to personal accounts to present to the Tories.
-
Lifesearch and Sesame scoop IFA award
28 Oct 2009
Sesame executive chairman Ivan Martin and Lifesearch managing director Tom Baigrie were awarded for their work in the IFA sector.
-
Lifesearch's Morris calls for finance lessons in schools
23 Oct 2009
-
Lloyds shares surge as £21bn capital raising begins
30 Oct 2009
Lloyds Banking Group expected to sell off parts of Intelligent Finance and C&G.
-
Lloyds testing appetite for second RMB securitisation
30 Oct 2009
Lloyds Banking Group is testing investor appetite for a second securitisation deal according to reports.
-
Lloyds to sell Halifax Estate Agencies for £1
16 Oct 2009
State-aided banking group further consolidates business
-
London & Capital launches trio of income funds
19 Oct 2009
Firm makes first move into the UK retail market with risk-graded funds
-
LV= and Royal Liver in merger discussions
19 Oct 2009
Deal would create mutual with £10bn of assets and 5m customers.
-
Maggie Craig to stand in as interim ABI director general
23 Oct 2009
ABI director of life and savings will take control until a replacement is found.
-
Management reshuffle at BlackRock
20 Oct 2009
Tony Stenning becomes head of UK retail.
-
Mandelson hits out at US and EU lack of leadership
Online - October 2009
Business Secretary Lord Mandelson says the US has failed to take an international perspective on banking regulation.
-
Market divide in platform space is making it easier for IFAs, says Nucleus CEO
30 Oct 2009
Chief executive David Ferguson says the current environment is helping advisers pick the most suitable wrap solution for their clients.
-
MCEV principles to include liquidity premium
20 Oct 2009
Insurers will be allowed to include a liquidity premium in new accounting standards.
-
Meteor Asset Management - EuroStoxx Fixed Income Plan
Online - October 2009
-
Metlife launches new guaranteed bond
12 Oct 2009
-
Mick McAteer joins FSA board
20 Oct 2009
Former Which? policy head becomes a non-exec director.
-
Ministers seek evidence on default retirement age
28 Oct 2009
Businesses and individuals asked to give feedback to help Government review next year.
-
Misleading advice complaints rise 19 per cent - IFA complaints fall slightly
29 Oct 2009
FSA complaint data for the first half of 2009 shows overall complaint numbers stay steady, but advice complaints rise.
-
Missing a trick
22 Oct 2009
-
More fund mergers in line at Henderson
30 Oct 2009
Firm says it may close or merge up to 10 funds
-
Mortgage approvals at 18-month high
29 Oct 2009
Bank of England says mortgage approvals at highest level since April 2008.
-
Mortgage brokers to be personally accountable to FSA
19 Oct 2009
Today’s paper makes lenders responsible for affordability, but stops short of level proc fees for brokers.
-
Mortgage review could push up borrowing costs, says Fitch
28 Oct 2009
Fitch concerned regulations could have unintended consequences.
-
Mutual insurer trade bodies to merge into new group
12 Oct 2009
The Association of Friendly Societies is to merge with the Association of Mutual Insurers to form a new trade body.
-
Myners threatens investment banks with fee inquiry
26 Oct 2009
City minister Lord Myners says investment banks are charging too much for their services
-
Nationwide plans £3.3bn RMBS issue
26 Oct 2009
The building society is planning to launch a £3.3bn issue of residential mortgage-backed securities
-
NDFA and DRL in administration, says FSA
14 Oct 2009
NDFA and DRL have entered administration, the FSA has confirmed.
-
NDFA on the brink of administration
13 Oct 2009
NDFA is on the verge of being placed into administration, MM understands.
-
NDFA/DRL investors may be entitled to FSCS cover
14 Oct 2009
Investors in NDFA/DRL may be covered under the FSCS, says the FSA
-
NDFA: Advisers do not expect repeat of Keydata debacle
14 Oct 2009
NDFA’s administration is unlikely to be a re-run of the Keydata debacle, say advisers.
-
New fund to drive gender diversity
26 Oct 2009
High-profile backed fund launching to drive gender diversity in firms.
-
New Pease fund raises over £50m
26 Oct 2009
European special situations takes over £50m in three weeks.
-
New SME lending fees still on the rise
22 Oct 2009
Small business still struggling to access affordable credit
-
Newton plans European high yield bond fund change
29 Oct 2009
Newton is planning to change the name and objective of its European high yield Bond on November 2.
-
Niall Gallagher joins Gam
27 Oct 2009
Former BlackRock manager to take helm on European funds.
-
Northern Rock launches 80 per cent LTV rates
20 Oct 2009
Northern Rock has launched a new range of intermediary fixed rates.
-
Northern Rock reduces rates by up to 0.64 per cent
23 Oct 2009
Rates start from 3.65 per cent for a two-year fix
-
Octopus Investments - Secure Venture Capital Trust
16 Oct 2009
-
Octopus launches secure VCT
13 Oct 2009
-
OFT raps mortgage firm over bankruptcy annulment services
Online - October 2009
OFT finds three associated firms not transparent with customers.
-
Old Mutual confirms Sesame Bankhall deal
16 Oct 2009
Groups finalise the deal to create the UK’s biggest IFA network
-
Opal to continue to administer NDFA structured plans
14 Oct 2009
Opal will remain the administrator for NDFA plans
-
Origen to cut 72 jobs in restructure
15 Oct 2009
-
Osborne miscalculates state pension age saving by £3bn
12 Oct 2009
-
Parliament to debate Govt's rejection of Eq Life recommendations
20 Oct 2009
LibDems will debate the failure of Government to pay compensation to Equitable Life policyholders.
-
Patel leaves Investec
28 Oct 2009
Sterling bond co-manager quits firm.
-
Pension liabilities to see 45 per cent rise
26 Oct 2009
Liabilities are outstripping gains in stockmarkets as corporate bond spreads continue to shrink.
-
Pensions minister suggests political consensus has ended
20 Oct 2009
Pensions minister Angela Eagle has suggested that the political consensus over pensions reform has come to an end.
-
People on the move: Investment
Online - October 2009
-
Perfect policy conditions for CI?
27 Oct 2009
Should the focus be on product quality rather than number of illnesses?
-
Personal accounts trustee could see new powers
26 Oct 2009
DWP and Pada propose new powers for the scheme trustee to recover additional costs from non-complying employers.
-
Perspective buys ninth firm
22 Oct 2009
-
PFS launches RDR week
26 Oct 2009
The Personal Finance Society aims to answer advisers’ questions and concerns about the proposals.
-
PFS says QCF 3 is fine for bank advisers offering limited range
30 Oct 2009
Prof body says bank advisers can have lower qualifications if they are prepared to be very limited in their product range.
-
PFS to host RDR action week
16 Oct 2009
Action week aims to help advisers make the transitions required by the FSA.
-
PI rates to rise due to structured probe
28 Oct 2009
PYV warns the structured product review is likely to push up PI rates for all advisers.
-
Pica calls for register of IFAs to deal with pension pots under £50,000
29 Oct 2009
The Pensions Income Choice Association says the current annuity purchase process must be reviewed.
-
Pictet Funds appoints Emma Stenzel as sales manager
28 Oct 2009
Pictet expands UK retail team with a sales appointment.
-
Platforum's Mackay supports single wrap solution
28 Oct 2009
Managing director Holly Mackay says IFAs can use one platform going forward.
-
PosSol to ringfence payments in fraud probe
13 Oct 2009
-
Praemium completes capital raising and announces rights issue plans
12 Oct 2009
-
Pricing on the cake
27 Oct 2009
-
Private healthcare patients unfairly treated, says Which?
22 Oct 2009
NHS patients who complain are better treated than private patients says Which? research.
-
Pru International launches new cautious fund range
15 Oct 2009
-
Pru UK sales slide 22% in Q3 to £157m
28 Oct 2009
Annuities, equity release, group pensions down, but with-profits, individual pensions, fund inflows up.
-
Put to the test
27 Oct 2009
-
PwC Lehman fees soar to £154m
20 Oct 2009
Fees for the winding up of Lehman Brothers in Europe near record highs.
-
Qualification Top Up
Online - October 2009
-
Rates to stay below 2% for five years
12 Oct 2009
-
Rathbones to buy Lloyds' private client portfolios
20 Oct 2009
Lloyds will raise £35.4m through the sale of its discretionary investment management portfolios.
-
Rathbones’ Bryn Jones predicts more rapid return to inflation
13 Oct 2009
-
RBS seeks assurances on NDFA structured product plans
14 Oct 2009
Bank wants assurances on investor assets in structured products
-
RBS seeks to restrict reliance on APS
26 Oct 2009
Royal Bank of Scotland is trying to cut back its reliance on the asset protection scheme.
-
Realism emerges
23 Oct 2009
-
Recovery factors
23 Oct 2009
-
Redundancies likely after Sesame acquires Bankhall
16 Oct 2009
Duplications may lead to job losses as deal finally goes through.
-
Referrals to portfolio firms escape adviser charging rules
30 Oct 2009
APCIMS says advisers referring clients to a firm for portfolio management can get around adviser charging.
-
Reform proposals could kick-start corporate wrap market, says Bravura
26 Oct 2009
The Australian technology firm says proposals made by think-tank Reform could accelerate the corporate wrap space.
-
Regulator's register to track brokers
22 Oct 2009
-
Remortgage loan approvals fall by 60 per cent
23 Oct 2009
House purchase mortgage approvals rise by 77 per cent but remortgages plummet
-
Retail sales of investment funds hit new record, IMA stats
28 Oct 2009
Equities overtake bonds as most popular asset class.
-
Richard Philbin
22 Oct 2009
-
River & Mercantile - Global Opportunities Fund
19 Oct 2009
-
River & Mercantile brings out global fund
26 Oct 2009
-
Royal London new business up 8 per cent
30 Oct 2009
Royal London total new life and pensions business rises 8 per cent to £1.8bn.
-
RSM Bentley Jennison appoints head of wealth advisory services
26 Oct 2009
Vinodh Josh also becomes a partner at the firm.
-
Schroders launches Ucits III hedge fund platform
19 Oct 2009
New platform designed to offer access to ‘top level’ hedge fund managers
-
Schroders secures long term pricing agreement with Cofunds
21 Oct 2009
Cofunds announces a long term pricing deal with Schroders.
-
Security measures
22 Oct 2009
-
Senior management duo to depart Cofunds
12 Oct 2009
Creak and Harris to leave firm
-
Sesame awaits news on 28.5% NDFA stake
19 Oct 2009
Network insists stake in collapsed structured product provider will bring no financial detriment.
-
Sesame Bankhall Group announces raft of senior appointments
30 Oct 2009
David Golder will be managing director of Bankhall and John Malone will be chairman of PMS.
-
Share plc to buy 5 per cent stake in The Way Group
26 Oct 2009
Pair set for raft of initiatives.
-
Shaun Sandiford quits Ascentric
16 Oct 2009
Sandiford leaves the wrap provider after only a year at the firm.
-
Should personal accounts include protection?
22 Oct 2009
Think tank Reform argues the middle-classes should protect themselves against times of need by paying into a personal welfare account.
-
Signs of movement
22 Oct 2009
“One of the most encouraging signs for advisers must be lenders coming back to the intermediary, whether it be to plug the lending gap or for sustainable volumes.”
-
SII calls for restricted licence for specialist advisers
27 Oct 2009
The Securities & Investment Institute wants specialist advisers to be spared irrelevant exams.
-
SII critical of FSA enforcement
21 Oct 2009
Securities & Investment Institute says the FSA should focus on supervision, not enforcement.
-
Sipp's log
22 Oct 2009
-
Skandia makes sales director redundant in review
22 Oct 2009
Provider will not rule out further redundancies.
-
Skandia makes two senior sales appointments
30 Oct 2009
Andy Davies appointed director of adviser sales and Steve Powell appointed director of corporate partners.
-
Skandia pays 92% of CI claims
27 Oct 2009
Skandia paid 92 per cent of all critical illness claims between January and July.
-
Small scale
22 Oct 2009
The future of financial planning is definitely smaller firms.
-
Societe Generale - FTSE 100 3-Year Twin Win
30 Oct 2009
-
Society of Later Life Advisers to accredit IFAs working with older clients
23 Oct 2009
The Financial Services Skills Council passes “older client market” accreditation scheme to new society.
-
Sound approach to VCT from Octopus
28 Oct 2009
-
Spending power
23 Oct 2009
-
Standard Life appoints David Nish as group CEO
19 Oct 2009
Finance director to replace Sandy Crombie from January.
-
Standard Life calls for an end to PMI price war
20 Oct 2009
Head of healthcare Ronjit Bose says intense competition on price is having adverse effects on the PMI market.
-
Standard Life launches trading facility for international bond
16 Oct 2009
Online facility is now available via Standard’s Adviserzone site.
-
Standard Life records £3bn assets on platform
29 Oct 2009
Assets under administration on its platform increased by 76 per cent.
-
Standard Life's new business drops 23 per cent
29 Oct 2009
Standard Life UK life and pension sales fall by 23 per cent in its third quarter results.
-
Still time to influence the RDR
21 Oct 2009
Alan Lakey calls on advisers to respond to the RDR consultation paper.
-
Straight Talking Menu
Online - October 2009
-
Study for the Diploma in Regulated Financial Planning
Online - October 2009
-
Super-rich should be taxed more, says Buffett
27 Oct 2009
Warren Buffett says the super rich should give more back to society.
-
T1ps smaller companies gold worth a punt
9 Oct 2009
-
Taking stock of the recovery
23 Oct 2009
-
Target date funds not easy answer to default dilemma
23 Oct 2009
-
Taxpayers' Alliance director does not pay UK tax
12 Oct 2009
-
Thames River Capital - Credit Select Fund
28 Oct 2009
-
Thames River Capital - Global Credit Fund
27 Oct 2009
-
Thames River set for credit fund launches
19 Oct 2009
Group unveils credit select and global credit offerings
-
The price of Freedom?
22 Oct 2009
-
Tipping point
22 Oct 2009
-
TMW pulls out of self cert
12 Oct 2009
-
To plan B or not to plan B?
16 Oct 2009
Life offices are drawing up plans for an alternative to personal accounts, will they be successful?
-
Tories push for cap on bank cash bonuses
26 Oct 2009
The Conservatives are urging the FSA and Treasury to limit cash bonuses.
-
Tory Treasury team meets with Sants and senior FSA staff
21 Oct 2009
Top Tories from the Treasury team have met with the FSA to discuss the future of regulation.
-
Towergate Financial launches employee benefits business
20 Oct 2009
-
Towry Law acquires adviser firm Edward Jones
23 Oct 2009
Towry Law buys UK arm of Edward Jones for an undisclosed sum.
-
Towry Law reports "positive response" from Edward Jones advisers
28 Oct 2009
Towry chief executive Andrew Fisher says adviser meetings are proving fruitful.
-
Towry Law responds to fee scrutiny
14 Oct 2009
Neil Liversidge and Andrew Fisher lock horns over Towry Law’s charging structure.
-
TPR slams DC schemes' retirement literature
27 Oct 2009
Pensions Regulator uncovers breaches in retirement disclosure.
-
Transition mission
27 Oct 2009
-
Treasury denies plans to split B&B into 'good' and 'bad' bank
26 Oct 2009
The Treasury says it does not plan to split Bradford & Bingley assets.
-
Treasury slams EC economic report
15 Oct 2009
Treasury hits back at EC report
-
Tucker says Bank will steer clear of bubble control
23 Oct 2009
Bank deputy says central bank will not directly control credit booms and busts
-
UBS banker hired to split up Northern Rock
28 Oct 2009
Senior UBS banker Robin Budenberg set to take over as UKFI chief.
-
UK faces 'winter of discontent' in 2010, says Schroders’ Buxton
9 Oct 2009
-
UK in longest recession on record
23 Oct 2009
Sixth quarter of economic contraction defies positive forecasts.
-
Update - Ashburton/Allfunds UK
30 Oct 2009
-
Vanguard calls for clearer cost disclosure
22 Oct 2009
Vanguard’s head of retail outlines his views on the ‘TER’ debate.
-
Veritas appoints head of UK private client business
21 Oct 2009
Newton deputy CEO takes on role.
-
Video debate: adviser charging and the RDR
29 Oct 2009
Nick Bamford, Brett Davidson and David Golder debate the proposed changes to adviser remuneration.
-
Video debate: labelling, disclosure and the RDR
30 Oct 2009
Tenet’s Keith Richards and Resources Compliance MD Simon Collins discuss labelling and disclosure with Money Marketing editor Paul McMillan.
-
Video debate: Q&A panel session on qualifications
28 Oct 2009
PFS RDR action week gets under way with a Q&A session on qualifications.
-
Virgin applies to FSA for bank licence
23 Oct 2009
Virgin Money has applied to the FSA for a licence to become a bank
-
Voice of reason
22 Oct 2009
-
Which? alert over contract-out sites
21 Oct 2009
Consumer body warns on websites encouraging individuals to contract-out of S2P.
-
Which? calls for FSA to name firms that mis-sold structured products
27 Oct 2009
Which? wants guilty firms named and swift compensation for consumers.
-
Who's showing you the money?
27 Oct 2009
-
Wise Investment - Evenlode Income Fund
15 Oct 2009
-
Witan CEO and CIO to step down
15 Oct 2009
-
Women's intuition
27 Oct 2009
-
Woolwich cuts fixed-rate mortgage products
21 Oct 2009
Woolwich announces its fourth mortage rate cut.
-
Xit2 appoints Blackwell as chief
28 Oct 2009
Former A&L intermediary director to take reigns at mortgage technology firm.
-
Zurich Financial Services - Guaranteed Capital Account 25
21 Oct 2009
