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Abbey Life appoints senior fund manager

Abbey Life Investment Services has appointed Dave Warren as senior fund manager with joint responsibility for all fixed interest investments.

Warren who has been a member of the life office&#39s investment information department since 1984 moved across to fixed interest in 1987.

He became assistant fund manager in 1993, then fund manager in 1995 dealing with fixed interest portfolios.


Fraser Smith relaunches as HambroFraserSmith

Leading IFA Fraser Smith has rebranded as HambroFraserSmith following major cash injection from a group of city businessmen.Among the investors who have so far invested £750,000 over the last six months, is Rupert Hambro of Hambros merchant bank fame and former Abbey Life chief executive and British Telecommunications group manager director Michael Hepher.The capital investment […]

Lambeth Simply Postal division launches new discount mortgage range

Lambeth Simply Postal has launched a range of discount rate mortgages.The range includes a two year discount of 2.25 per cent for loans up to 95 per cent loan to value. The payable rate is 4.55 per cent.It has a 5 per cent penalty if the loan is redeemed in the first three years.The three […]

National Savings mini cash Isa hits £100m

National Savings has revealed sales of its mini-cash Isa have now topped £100m.It has also claims most of the money invested in its Isa is the result of new savings and not transfers from other products within its range.The mini-cash Isa which currently pays 5.75 per cent a year guarantees to keep its variable rate […]

Alliance & Leicester scraps Bank of Ireland merger plans

The board of Alliance & Leicester has scrapped merger discussions with Bank of Ireland.The high level merger talks collapsed amid accusations the Irish reneged on the original deal.A&L says it pulled the plug on the £11.5bn merger talks when the Bank of Ireland tried to renegotiate several key issues which had already been agreed.The Bank […]


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