View more on these topics

BoS war of words with NatWest

Bank of Scotland has hit out at National Westminster Bank&#39s defence strategy as “selective and unrepresentative” in the latest snipe of the hostile takeover bid for the bank.


The attack responds to Natwest&#39s defence document which slated most banking mergers as destroying value.


But BoS says Natwest&#39 s defence “clearly indicated its failure to understand the dynamics of modern banking” claiming it was only going on US evidence against mergers.


BoS chief executive Peter Burt says: “Its easy to look for problems and make generalisations based on selective data. It is more meaningful to develop forward-looking solutions and strategies to create value.”

Recommended

ABI crackdown on fraud

The Association of British Insurers&#39 move to crackdown on industry fraud has received the public&#39s backing, according to a recent report.From an independent survey of 1,000 people 88 per cent supported the insurance industry&#39s toughened stance on fraud. The ABI also reports it has received 1,500 calls to its cheatline since its launch in April […]

Employers &#39blissfully unaware&#39 of stakeholder

UK employers are “blissfully unaware” of their stakeholder obligations, according to a survey by Scottish Equitable.Findings from 1,500 IFAs show 63 per cent believe employers are ignorant of their duties under the government&#39s upcoming stakeholder pension scheme.Industry experts are saying now is a good time to talk to employers and give them guidance.Scottish Equitable pensions […]

Top Cat-marks

Low-charging funds generally offer better value, according to new research.Fund analyst Fitrovia says Cat-marked funds, which charge a maximum of 1 per cent, have delivered returns on average 4.75 per cent better than higher-charging rivals.Out of the 2000 unit and investment trusts surveyed only 39 were Cat-marked.Norwich Union Investment Funds director of sales and marketing […]

Watchdog warning on share perks

The Financial Services Authority are urging caution to investors buying shares because they offer perks. FSA spokesperson Sarah Modlock says: “If people are buying equities they need to realise there is a risk attached to this. You should always seek professional advice.”IFA firm Hargreaves Landsdown offers a guide of 90 stockmarket companies who give perks […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com