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All change as HBOS tops table

HBOS has knocked Nationwide off the top of the PressWatch financial products table last month with 213 mentions in the national press.

Nationwide slipped into second place despite praise for its campaign for clarity in the credit card industry while Northern Rock moved into third place from fifth last month.

August also saw Legal & General jump into fourth place from 10th, Norwich Union shoot up to fifth from 15th, Fidelity move into sixth from 14th and Prudential climb to seventh from 19th.

NU and the Pru scored highly as two of the handful of life companies that advisers are still prepared to recommend.

Abbey National slipped down six places into ninth position after negative coverage of its e-Saver account but it did pick up positive coverage for its modification to its standard variable rate following a cut in the base rate.

Charcol senior technical manager Ray Boulger was August&#39s most quoted press pundit with 22 mentions. He criticised the value of newly priced fixed-rate products from the big five lenders, advising consumers to look to smaller lenders bef-ore their competitively priced products disappear.

Mortgage pundit London& Country&#39s David Hollingworth was second with 15 mentions after a survey revealing that two-thirds of endowment policyholders have taken no action to avert shortfalls.

Hargreaves Lansdown was the company to receive the most pundit mentions following sterling performances from head of research Mark Damp-ier (third) and investment manager Ben Yearsley (eighth) but head of pensions research Tom McPhail dropped from third to ninth place.


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