Money Marketing
View more on these topics

CBI economist replaces dove on MPC

By

The Bank of England is appointing Confederation of British Industry chief economist Kate Barker to its nine member monetary policy committee.

Barker will replace DeAnne Julius, who has finished her three year term.

Julius was well known for being one of the MPC&#39s most outspoken doves, wanting to keep interest rates high.

Industry sources believe Barker will be sympathetic to the needs of industry and her appointment confirms hopes that interest rates could be down to 5 per cent by the end of the year.

Recommended

Bolton quits Future

Future Mortgages head of marketing Michael Bolton has quit the sub-prime lender, with industry sources suggesting he is bound for Birmingham Midshires as its new head of lending. Bolton, who is regarded as one of the leading commentators on the specialist mortgage market, had been with the lender for three years. Halifax is understood to […]

Fractional pricing war for direct stakeholder

Direct stakeholder sales are being driven by fractional pricing differences as employers shun performance in favour of cost. Direct-offer website Pensionsbusiness.com says 82 per cent of schemes designated since its launch last year are stakeholder and half of these are Norwich Union&#39s plan which has an annual charge of 0.8 per cent. This is marginally […]

Skandia rebuilds with alternative to stakeholder

Skandia is rebranding and rebuilding its entire pension range to provide IFAs with an alternative to stakeholder. The MultiPension range is aimed at being a direct competitor to stakeholder and replaces Skandia&#39s current pension range. The revamp includes the addition of 17 new funds to the multi-manager range, including Skandia&#39s equivalent of a with-profits fund […]

Norwich Union – Your Pension @ Norwich Union – Group

Friday, 9 April.Type: Group stakeholder pension.Minimum premium: £20.Minimum group size: 1.Minimum-maximum ages: 16-74.Fund links: Stakeholder with-profits, balanced managed, UK index tracker fund, sustainable future managed, retirement protection, deposit, defensive managed, UK equity, European equity, US equity, global bond, global equity, Pacific equity, index-linked gilt, gilt, international index tracker, property, sustainable future UK growth, sustainable future […]

Most Read

  • Top trends

Newsletter

News and expert analysis straight to your inbox

Sign up

Latest from Money Marketing

Lloyds faces up to HBOS whistleblower case again

After allegedly silencing a whistleblower who wrote an internal report criticising Lloyds Banking Group’s handling of fraud, Lloyds Banking Group has agreed to reopen the case, The Financial Times reports. Using her insight from working as an employee in the bank’s high-risk division, Sally Masterton claimed that some of HBOS’ executives from the Reading branch […]

Network UK map

MAS adviser directory passes 7,000 users

The Money Advice Service’s Retirement Adviser Directory now has more than 7,000 advisers listed, the guidance body has revealed. A total of 3,719 firms are now part of the directory, MAS says in its final annual report before merging with The Pensions Advisory Service and Pension Wise later this year to create a new single […]

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