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APMM elects new chairman

The Association of Policy Market Makers has appointed Brian Goldstein as its chairman to succeed Paul Sands. Goldstein is managing director of Tep market making company Policy Portfolio. The APMM has also elected 1st Policy Company managing director as vice chairman, Policy Plus sales and marketing director David Carrington as honororary secretary and John Heller of Neville James as Treasurer.

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Equitable must review cut decision says consultancy

The Equitable Life Board must review its decision to slash the value of pension policies which are approaching maturity as policyholders will need retirement income sooner rather than later says consulting actuary Punter Southall & CO.It is unfair to penalise older policyholders who will need income from their policies soon says Punter Southall principal Caroline […]

Genesis Home Loans two year fixed self-cert

Genesis Home Loans two year fixed self-certFixed term: 1 June 2004Fixed rate: 5.89% to 75% LTV, 6.29% to 85% LTVMinimum loan: £30,000Maximum loan: £200,000 up to 85% for purchase and remortgage, £200,001 – £500,000 up to 80% up to purchase and remortgage. 75% LTV for first-time buyersIncome multiples: 3.5 x principal plus 1 or 2.75 […]

B&W brings out five-year GEB Isa

Bristol & West has brought out the latest issue of its five-year guaranteed equity bond cash Isa.This Isa is linked to the performance of three stockmarket indices, the FTSE 100, Eurostoxx 50 and Nikkei 225. This feature is designed to allow geographical diversification instead of relying on a single country. A full return of the […]

Hollands retains top spot in pundits chart

BestInvest deputy managing director Jason Hollands has consolidated his position as top of the pundits in March according to PressWatch Financial Products&#39 monthly analysis of the national press.Hollands maintained top spot with 60 mentions, some way ahead of second placed Hargreaves Lansdown head of research Mark Dampier with 37. They are followed by London & […]

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