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ABI changes data performance rules

The ABI is changing its rules under which providers of investment funds in the life and pensions sector report their past performance data to ensure each fund appears just once in perform

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Equity-release boom poses sale problems

Equity release could become the next big misselling scandal if IFAs do not take due care, warns GE Life. The firm predicts that the equity-release market could triple over the next five years following demand driven by demographics, client needs and the savings gap – which could reach 125bn by 2009 according to the Turner […]

Fears grow on contracting out

New entrants into the buy- to-let market are expected to fall, with growth dependent on existing clients, according to research consultancy Charterhouse. Around 90 per cent of intermediaries are now active in the BTL market, according to the survey, Mortgage Intermediaries – The Regulated Environment, which tracked 300 mortgage brokers. For almost a third of […]

Leeds & Holbeck launches second mortgage product

Leeds & Holbeck building society is launching a new best buy mortgage to compliment its first mortgage product.The new mortgage offers a capped base rate tracker with the cap ensuring the maximum rate payable remains at 4.75 per cent.It is available immediately until December 1. 2008, up to 75 per cent LTV.There is no higher […]

Mind your own business

Last week, I looked at the Strover case in the context of a wider review of the perceived complexities of business insurance.

Frexit & contagion risk in Europe

Many commentators have suggested that the UK’s exit from the European Union will trigger a domino effect, leading to its eventual break-up. Neptune’s Rob Burnett discusses the likelihood of this happening. Read more: Important information Investment risks Neptune funds may have a high historic volatility rating and past performance is not a guide for future […]

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