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AMI gains 2000 members

The Association of Mortgage Intermediaries has announced it now has 2000 members.

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Franklin Templeton Investments – Franklin US equity fund

Type: Oeic Aim: Growth by investing in US equities Minimum investment: Lump sum £1,000, monthly £30 Investment split: 100% in US equities Isa link: Yes Pep transfers: Yes Charges: Initial 5%, annual 1.5% Commission: Initial 3%, annual 0.5% Tel: 0800 305306

OFT rules against direct marketeers

The Office of Fair Trading has taken action against misleading &#39money-making&#39 mailshots which were advertising a &#39get-rich-quick&#39 scheme. Devon-based couple Pauline and Robert Chambers were told they would have to refrain from publishing advertisements that were part of a promotion for a scheme called Your Private Gold-Mine. The scheme was designed to use direct mail […]

Sellers shun free home pack pilot

The Government is offering free trials of the home condition report to selected estate agents throughout the UK. Nearly 40 estate agents have been randomly selected in Cardiff, Coventry, Hertfordshire and Sheffield to trial the biggest element of the Government&#39s seller&#39s packs. Sellers who place their property with one of these agents are offered a […]

Van der Klugt to retire at Schroder

Humphrey van der Klugt, manager of the flagship Schroder UK equity and Schroder income funds,is to retire in January after nearly 22 years with the group. The £621m equity fund will be taken over by senior UK equity manager Christopher Metcalfe while the £475m income fund will be run by Nick Purves, Schroders&#39 senior equity […]

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