View more on these topics

Abbey National launches television banking

Abbey National is investing £100m in a series of e-commerce initiatives over the next three years.

The investment starts with television banking which is due to be launched in September. The service will allow customers to review products calculate loan repayments and book an appointment to see and advisor.

Extra services will follow next year, allowing customers to transfer funds view balances and pay bills.

Abbey National&#39s e-commerce director Ambrose McGinn says: &#34Television banking is a global first and we think its potential is enormous. It is estimated that there will be 65m users of interactive television in Europe by 200, so this is a real opportunity for us to get a leading edge at a very early stage.&#34


Senior civil servants concerned over Hewitt&#39s move

Senior civil servants are concerned the Prime Minister&#39s reshuffle of junior ministers could disrupt legislation for the financial services and markets bill according to the Financial Times.The concerns centre around Patricia Hewitt who was in charge of the bill. But the reshuffle saw her move from economic secretary at the Treasury to the Department of […]

Barclays launches offshore guaranteed bond

Barclays Bank is launching a guaranteed stockmarket bond aimed at non-UK residents.The Guaranteed Stock Market Bond (issue three) guarantees to return 100 per cent of the initial investment plus 60 per cent of any stockmarket growth in the Eurotop 100 Index after three and a half years.The bond is denominated in either US dollars or […]

Towry Law admits to talks with rivals

Towry Law chief executive Douglas Black has admitted the company is in &#39gentle talks&#39 with rival IFA firms, according to today&#39s Financial Times.The Black says he wishes to continue the firms expansion programme and has £50m in the kitty for acquisitions.The recruitment drive has seen Towry Law enhance its saleforce with the addition of 50 […]

Government to draw up model mortgage proposals

Government intervention in the mortgage market looks to be a near certainty according to today&#39s Financial Times.The FT says Gordon Brown has asked his junior ministers to draw up suggestions for a &#39model mortgage.&#39The move comes against the backdrop of the Government&#39s recent announcement of a wide ranging review of the selling of home loans.The […]

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 […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm