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Abbey launches IFA publication

Abbey for Intermediaries has launched the first issue of Investment News, a bi-monthly publication for IFAs with features on the market.

The launch issue includes an article on structured products, looking at why guaranteed investments are so important to IFAs&#39 businesses in the context of falling unit trust and with-profits sales. It also includes an investment market report on what is happening in the global equity and bond markets, and a feature on the benefits of investing offshore.


Millfield raises £3.6m for working capital

National IFA Millfield Group has raised £3.6m from City investors, underwritten by brokers Collins Stewart to provide working capital. A trading update from the firm said it had grown its advisers numbers by 25 to 625 in the six months to March 31, 2004, although 90 RIs left during that period. The firm says average […]

Newcastle bond combines fixed interest with equities

Newcastle Building Society is offering a guaranteed bond that combines investment in global blue-chip stocks and fixed interest. Sixty-seven per cent of the guaranteed blue-chip bond is linked to the performance of 20 global blue-chip stocks over five years while the remainder is placed in a two-year account paying a fixed rate of 6 per […]

Points of interest

Mrs Watkins (W) died on December 12, 1999. Her house consisted of two flats – a ground-floor flat which was let and a first-floor flat in which she had lived with her husband (H). Her will included a gift of her house to her trustees on trust for sale, with directions that H might live […]

Landlords extend property portfolios – Paragon research

The proportion of landlords extending their portfolios rose sharply to 42 per cent this quarter from 37 per cent the previous quarter but the number of those buying their first investment property fell from 30 per cent to 27 per cent according to figures from Paragon Mortgages. Mortgages arranged by brokers and mortgage advisers fell […]


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