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Baker Tilly buys Caswell & Co

Baker Tilly Financial Services has acquired Oxted based IFA Caswell & Co. The acquisition will be merged into the existing BTFS team strengthening the company&#39s 10 offices.

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Clerical Medical enjoys record figures in 1998

Clerical Medical the IFA channel of Halifax increased its new business by 64 per cent to £2.7bn.Total retail business increased 31 per cent to £1,464m from £1,117m. Income from single premiums from individual pensions grew 44 per cent to £318m from £221m. Annual premiums dropped 20 per cent to £14m from £18m.For group pensions annual […]

Martin Currie launches simple Isa

Martin Currie has opted for a simple approach for its opening Isa product and will offer a stocks and shares maxi-Isa only.The Isa will be available in either the Growth Portfolio Fund or the Income Portfolio Fund, which are the group&#39s two most popular funds with Pep investors.Martin Currie Unit Trusts managing director Sandy Dudgeon […]

Hewitt warns mutuals that rules will not change

Economic Secretary to the Treasury Patricia Hewitt has warned mutuals that the Government is unlikely to change building society rules.Speaking at The New Statesman&#39s mutuality conference in London, Hewitt said that mutuals cannot rely upon the Government to protect them from their members.She said that current building society rules provide adequate protection from carpetbaggers because […]

Portman plays fair by borrowers and lenders

Portman Building Society is cutting its standard rate for mortgages to 6.85 per cent and launching a range of fixed-rate and discount products.The discount mortgages offer 1.6 per cent and 1.25 per cent reductions until May 200. They both have maximum loan to value of 90 per cent The fixes are at 3.99 per cent […]

Where next for the price of oil?

Having stabilised at around $65 a barrel, many investors are questioning if the price of oil will rise, and when. Richard Hulf provides his view. Richard Hulf, manager of the Artemis Global Energy Fund, sets out his thoughts about how the oil price may move through the next six months. At the start of the […]

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