BM Solution’s first buy-to-let biannual review shows that the average total return for a BTL investor was 13 per cent over the past year to June, up from 11.9 per cent in the previous year.
Kensington Group shareholders have voted in favour of the offer made by South-African firm Investec at its EGM today.The meeting saw 178 (97.27 per cent) of scheme shareholders vote in favour of the deal, with just 5 (2.73 per cent) against.This comes despite rumblings last month that several major shareholders, including former chairman Martin Feingold […]
Aviva’s new chief executive Andrew Moss looks set to ring in the changes, with both the Norwich Union and Morley brands under review.Moss is keen for Aviva to become the eminent brand, as first revealed by Money Marketing in April.However, advisers have backed the NU brand, saying it carries more weight in the market.
Skandia paid 89 per cent of critical illness claims in the year to June 2007, up one percent from the previous year.Two per cent were declined due to non-disclosure and 9 per cent were declined because the claim had not met the definition.Cancer remained the most commonly claimed for condition, accounting for 51 per cent […]
Online mortgage company mform.co.uk has added Barclays’ Woolwich mortgage brands to its range of products. Customers of mform.co.uk can compare the whole of market before going directly to the Woolwich customer service teams by telephone to complete their mortgage application.Since launch mform.co.uk has offered consumers a full mortgage search facility to compare mortgages from all […]
RLAM’s asset class specialists discuss some of the findings from the panel session at our recent Investment Conference. By Rob Williams, Head of Distribution Welcome to the latest edition of Leading Edge. It has been an eventful six months since the last e-zine. The European Central Bank announced ongoing stimulus measures, while the immigration crisis in Europe threw the […]
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It is encouraging to see the FCA close in on lazy fund management, but more needs to be done Without fanfare, the FCA has confirmed its intention to punish lazy fund management. Several groups have been persuaded into voluntarily compensating investors who bought their beta-posing-as-alpha products, otherwise known as closet trackers. The regulator suggests that […]
Ex-GBST man and FinoComp chief executive Ray Tubman on the need for a brave new world of interoperability Platforms running on proprietary technology often see this as a competitive advantage, even if it is expensive to run. But ex-GBST man and now FinoComp chief executive Ray Tubman does not believe outsourcing is the poor relation. […]
Ahead of speaking at Money Marketing Interactive in May, founder and director of The Yardstick Agency Phil Bray gives tips on how advisers can improve their public image and why the FCA should rethink their plans for the register On a scale of 1 to 10, how optimistic are you about the advice market for […]