Chancellor Gordon Brown has moved to counter Bank of England Governor Mervyn King's warning of increased falls in the housing market. In an interview with GMTV Brown underlined the importance of keeping stability in the housing market and the wider economy. The interview followed a speech used by the Chancellor's chief economic adviser to Ed Balls to play down the prospect of falls in the housing market. Political pundits see a crash in the housing market as one of the biggest threats to another term in office for Labour.
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MLP launches training centre for graduates
MLP Private Finance plc, part of MLP Group is launching an IFA training academy on July 19 aiming to get more graduates into the sector. In addition, MLP Private Finance has introduced an enhanced Continuous Professional Development programme in which all staff throughout the UK will participate. MLP managing director Frank Mesterharm says: “There is […]
Premier Diva sings popular theme
PREMIER FUND MANAGERS Premier Diva Growth Plan - Limited Editions 19 Type: Capital-protected fund of hedge funds Aim: Growth linked to the performance of the Barclays Global Investors Diversified Alpha Fund 1 Minimum investment: £25,000 Investment split: 100% linked to the performance of the Barclays Global Investors Diversified Alpha Fund 1 Term: Five years Return: […]
Cash deposit account at 1 per cent above the base rate
The Government has announced the charge caps for its cash deposit accounts. The rate of interest payable has been set at 1 per cent within the base rate. This is a reduction from the currnet 2 per cent margin for cash ISAs.
Medicinal purposes
The experience of other countries where healthcare is delivered via a mix of public and private systems is that not only do patients enjoy better outcomes and have more choice but the systems are also fair for all. We support a fair and comprehensive healthcare system for everyone. We agree that money alone, whether from […]
Hitting the mark: low volatility & outperformance in the UK
By Joshua Ausden, Head of Client Investment Strategy at Neptune FE Alpha Manager Mark Martin and Assistant Manager Holly Cassell explain how they have delivered sector-topping returns with a low level of volatility in the UK Mid Cap Fund. Since inception in December 2008, the £616m fund has returned 299%, outperforming the FTSE 250 Index […]
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Almary Green eyes merger with Norwich IFA
Almary Green, the advice firm led by industry veteran Carl Lamb, is in sale talks with Smith and Pinching Financial Services, Money Marketing understands. One source tells Money Marketing Almary Green staff have visited the Smith and Pinching offices, and that there have been discussions around a merged firm being floated on AIM. The Norwich-based […]
Lions, bees, bulls and bears: The Wells Street Journal
A weekly account of the curious goings-on in the world of financial services Locked out While WSJ correspondents were kept very busy at Money Marketing Interactive in Harrogate last week, there was still plenty of time spent in the bar with industry friends. So came about the story of Aegon director of new business, Martin […]
FCA eyes 40 firms in adviser recruitment and training probe
The FCA is analysing information from 40 firms about their adviser recruitment processes and what quality checks are in place on the advice they give. Earlier this year, Money Marketing revealed that the FCA sent letters to a sample of firms asking about training, competence and hiring records for staff. A Freedom of Information Act request […]