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A roll of the Isa

The City is famed for its high rollin&#39 ways where fund managers, not content with their day job of riding the stockmarket roller coaster have to indulge in high stakes spread betting by night.

The heady days of the 1980s&#39 bonus boys may be over but Money Marketing was not surprised to overhear Schroders head of UK sales Neil Bridge and M&G deputy managing director UK retail Phil Wagstaff celebrating their recent successful joint roadshows challenging each other to a reckless spread bet on this year&#39s total Isa sales.

While we would never reveal just how much they were predicting in sales (you have to ask them themselves), we can reveal the magnitude of the bet, in the worst-case scenario, er a tenner. Crazy guys!


Yawning gap in IFAs&#39 expectations

Will unleashing the dogs work for the Government&#39s stakeholder plans? Do IFAs view this new market as an opportunity to introduce financial planning to the masses or just another shaggy dog story?It is difficult to get an overall view about how they are approaching the market but here are the views of some DBS members.Stakeholder: […]

&#39Fear a big obstacle to stakeholder success&#39

Fear and ignorance in the target market will be a major obstacle to the success of stakeholder, says research from Nottingham University Business School. The report by the school&#39s Financial Services Research Forum says at least 40 per cent of the population are unsure about pensions, with the vast majority from stakeholder&#39s target audience. One […]

Govett Investments – Isa Selector

Tuesday, 3 April.Type: Mini or maxi Isa investing in unit trusts and Oeics.Aim: Growth and income by investing in unit trusts and Oeics.Minimum investment: Lump sum £500, monthly £50.Maximum investment: Lump sum £7,000, monthly £583.Catmarked: No.Investment choice: UK blue chip, European blue chip, US blue chip, Asia Pacific, UK small companies, European strategy, European technology, […]

Axe hanging over seller&#39s packs as the general election looms

Seller&#39s pack legislation could be dropped if it fails to navigate its way through fierce opposition from the House of Lords and Tory MPs before the general election. The legislation had its second reading in the Lords last week, where it came under fire from peers who slammed the pilot trial for the packs as […]

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What price (more) freedoms?

George Osborne will make his last Budget speech of the current parliamentary term this week, and the early media briefings suggest that pensions will again feature heavily in that statement. So what are we able to learn from the weekend’s coverage?


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