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Active expands overseas property proposition

Active Management Group is expanding its overseas operation after a deal with overseas property finder Parador.

The move sees Active subsidiary Independent Mortgages Direct appointed as provider for all independent advice for the 4,000 plus clients that buy property across Europe via Parador each year.

It will also mean that members of its mortgage club, Active Lending Solutions, will be able to offer property across Europe to clients via the link up.

AMG joint chief executive Mike Buckley says: “The business will be marketed as Active Abroad. We have had an appetite to do more business overseas for some time but now believe the time is right to expand this area.

“The relationship with Parador is a great marriage as they are one of the largest and most respected organisations in this market. Our aim was to align ourselves not with one specific lender or developer but with a company that can provide access to many areas of Europe with a vast range of reputable developers.

“The demand for overseas property by UK buyers is growing. Many of the users of our mortgage lending via our mortgage club have been asking us to help them to get into this market and we are delighted to be able to deliver exactly what they have asked for with this relationship wit Parador.”


Liv Vic to host IHT seminars

Liverpool Victoria is planning a series of free roadshows to educate IFAs on inheritance tax.The 28 seminars will commence in Nottingham and travel the breadth of the country to cover all geographical regions. The roadshow finishes in Newcastle on October 19.The seminars are designed to give IFAs “straight answers and valuable sales ideas.”They will highlight […]

Insinger stays on defensive

Insinger de Beaufort says it will maintain the defensive stance of its multi-manager income fund despite some of its peers in the cautious managed sector having a higher exposure to equities and high-yield bonds. The firm says the Investment Management Association’s cautious managed sector is contradictory in some ways as it allows up to 60 […]

Barclays authorised in Qatar

The Qatar Financial Centre Regulatory Authority has granted authorisation to Barclays Bank to carry out regulated activities in Qatar.The QFC is located in Doha and operates to international standards. It has been open for business since May 1 2005 and aims to encourage the development and growth in the financial services market in Qatar.

NAPF proposes super-trusts

The NAPF says there is too little choice in the scheme proposed but says there is too much choice in the ABI multiple provider model. It proposes establishing super-trusts which would create big pension schemes pooled between employers providing more generous pensions than required in the new system.


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