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CA launches endowment campaign

The Consumers&#39 Association is launching a new campaign this week calling on action to be taken over endowment mortgages as the situation over their ability to pay off loans appears to be getting progressively worse. In London this week, CA director general Sheila McKechnie along with the consumer watchdog&#39s magazine, Which?, is launching its &#39endowmentaction&#39 campaign with what it calls startling new findings on the potential scale of the endowment crisis. It is repeating its call for the FSA to launch a full-scale investigation of the sales of endowment mortgages, a move the regulator has so far rejected.

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RBSI bond promotes currency choice

Royal Bank of Scotland International has established a guaranteed equity bond that is available in sterling, dollar or euro currency denominations.The bonus builder account is linked to the FTSE 100, S&P 500 and Dow Jones Eurostoxx 50 indices during a three-year term. The returns investors get will depend on the performance of these indices and […]

DWS targets Europe

Deutsche Asset Management, which is rebranding as DWS Investments, has introduced the DWS European opportunities fund.The fund, along with the recently created DWS UK opportunities fund, is a higher-risk, addition to the Oeics in the company’s existing range. It aims for capital growth by investing in a concentrated portfolio of 25 European stocks, excluding the […]

Rat&#39s the way to the do it

One reads with disgust but total belief that the controlling Taliban have suggested that harassing IFAs is as easy as shooting rats in a barrel.Now, rats are very intelligent creatures and make wonderful pets.To be awarded the Order of Water Rats is the highest accolade that can be bestowed on those in showbusiness.Members of the […]

Britannic Retirement Solutions calls for full regulation of equity release

Britannic Retirement Solutions is calling for FSA plans for regulation of the equity release market to extend to cash reversion schemes.The FSA is regulating mortgage-based equity release schemes from 2004 but Britannic says consumers will only feel secure going into equity release if the whole of the sector is regulated. Britannic Retirement Solutions corporate development […]

India correction: a terrific entry point?

By Kunal Desai, head of Indian Equities, Neptune A key concern for investors who were looking at India afresh has been the rich valuations and strong prior performance. We view the correction in the market through short-term growth concerns from demonetisation as a terrific entry point for the long-term investor. Investors should not be overly concerned […]

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