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Big rise in Liontrust profits

Liontrust Asset Management has seen its funds under management fall from £5.5bn to £4.49bn. Overall profits leapt to £6.1m from £1.3m.

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Swift to cut up to 60 jobs

Swift has announced that it is in consultation with 60 staff regarding possible job losses.The staff affected by the consultation will come from the sales, marketing and new business teams. Swift has a total headcount of almost 140 staff. It says it hopes to restrict the number of redundancies to just 25 staff.Chief executive John […]

Pension sales strength underpins Winterthur

Winterthur saw a 22 per cent rise in individual pension new business last year from £1.6bn to £1.9bn.The company says the increase this is predominantly due to the success of its single- premium proposition.Assets under management rose from £10.4bn in quarter four 2006 to £11.4bn at the end of December 2007.Single-premium personal pensions business increased […]

MortgageWorks quits 100% loans

The Mortgage Works has become the latest lender to withdraw from the 100 per cent loan to value market. It is capping self-cert and buy to let at 75 per cent LTV.

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