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AMP launches online investment site

AMP is launching a new online investment service, targeting consumers in the 45 to 65 age range.

The site, called Ample – at – will provide information and a transaction service for consumers who are relatively new to transacting financial services online, but have some understanding of investing.

AMP global director of e-business Joanna Varley says: “Ample has been developed to fill the gap in the existing online investment market. It wraps a highly customised service around a transaction capability that offers real value.”


Portman fixes on two years

Portman Building Society has unveiled a two year fixed rate that is available for loans of up to 95 per cent of valuation.The mortgage is fixed at 5.49 per cent until August 1, 2003 and remortgages are offered up to 75 per cent of valuation under Portman&#39s easy remortgage service. The income multiples are 3.25 […]

Outside View Robert Reid

Monday mornings are never the best time to attend a provider event but this case was an exception. I, along with many others, attended an excellent session with Skandia, which looked at the future of our sector.It was extremely well arranged and left me with a more positive view going forward.I was delighted to see […]

Has new review chief Sandler already come to a conclusion?

The man selected to head the Treasury&#39s “son of Myners” review into the retail financial services industry appears to have prejudged the outcome of his inquiry despite only being appointed this week.Ron Sandler, chairman of City stockbroking firm Kyte and previously NatWest chief operating officer and Lloyd&#39s of London chief executive, is to look at […]

Free float sees Japan market cap in free fall

Passively managed funds should now reflect the indices that they track more accurately after the FTSE switched to free float last week.Free float requires fund firms to cut investments in companies with high proportions of shares unavailable for trading. Tracker managers now only have to buy shares in proportion to the number of shares that […]

Tax year-end planning for annual allowance

Last tax year-end there was a lot to think about in relation to planning. The introduction of the tapered annual allowance and the implications of moving to a fixed pension input period, the reduction in the lifetime allowance and potentially applying for protection, and the concern about changes to tax relief, to name a few. […]


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