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£20 for Burns Anderson half-year

Burns Anderson has announced a turnover of £20m for the first eight months of this year which it says puts it on target for a full year turnover of £30m up from last year&#39s total turnover of £29.7m. It has increased its adviser numbers by 7 from the beginning of the year to 405 and says the average produced by each adviser is £74,000. BA did not give details of its profit but said it hoped it would be the same as last year&#39s as it has reinvested some of the profit.


C&G launch two fixed-rate bonds

Cheltenham & Gloucester is launching two fixed-rate bonds from September 27. Customers will be able to invest from £500 in a one year fixed rate bond paying 5 per cent per year gross / AER until November 30 2005. The second option is for a two year fixed rate bond paying 5.25 per cent per […]

How will they use our £34m?

Just had a thought – the FSA sent out over 3,800 invoices last month. Ours, for a relatively small IFA, was getting on for £9,000. That is over £34m,all in one hit. How will the FSA/FSCS/FOS deal with this until it is needed? Answers on a postcard please. Malcolm LindleyTring, Hertfordshire

IFAs critical of direct marketing by providers

IFAs have hit out at the direct marketing material that providers send to their customers, a survey showed.Research from National Savings & Investments found that almost half of all IFAs surveyed thought that providers did not understand client needs.Around 47 per cent thought that cross-selling to clients was inappropriate and that a 43 per cent […]

Scottish Life International – International Personal Investment Management Service

Type: Offshore portfolio bond Aim: Growth by investing in unit trusts, investment trusts, Oeics, offshore funds and cash Minimum investment: £50,000, $80,000, euros 80,000 Place of registration: Isle of Man Allocation rate: 90.25%-100% Options: Flexible Pims, Select Pims, wealth insurance option to protect the portfolio&#39s value upon death Investment choice: Select Pims &#45 Scottish Life […]

Craig Inches – thoughts on how to preserve capital and generate income in an inflationary environment

In this short video, Craig Inches, head of short rates and cash at Royal London Asset Management, offers his thoughts on how to preserve capital and generate income in an inflationary environment. Watch the video in full The value of investments and the income from them is not guaranteed and may go down as well […]


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