The Council of Mortgage Lenders warns a recent acceleration of borrowing at higher income multiples may be a sign that affordability constraints are starting to bite. Its latest monthly says interest rates may not have to increase by very much to make mortgage payment difficult for some borrowers. It says the outlook for the housing market is less positive than recently and it may be about to enter a period of only modest price growth and sales.
Tuesday, 10 September 2002 Type: Guaranteed equity bond Aim: Growth linked to the performance of the FTSE Eurotop 100 index Minimum investment: £10,000, euro 10,000 Place of registration: Dublin Investment split: 100% linked to the FTSE Eurotop 100 index Guarantee: Option A - Capital returned in full regardless of the performance of the index, option […]
Star fund managers George Luckraft and Nigel Thomas join Framlington this week with their new employer offering discounted Pep and Isa transfers into their funds.The managers were given permission in July by former employer ABN Amro to join Framlington months before their contracts expired.Thomas will run the UK select opportunities fund – previously the capital […]
Newcastle Building Society has created a guaranteed equity bond that is linked to the performance of five funds from different fund management groups.The guaranteed five star bond offers 80 per cent of the average growth of the five funds over a five-year term, plus the return of investors' capital whatever happens to the basket of […]
Wednesday, 11 September 2002 Type: Fund of hedge funds Aim: Growth by investing in fund of hedge funds Minimum investment: Lump sum $15,000 Place of registration: British Virgin Islands Investment split: 100% in fund of hedge funds Isa link: No Charges: Initial 5%, annual 1.76% Commission: Initial 3% Tel: 0800 919927
When someone mentions whole of life plans, most people will think of a niche product that serves as an inheritance tax planning tool for high-net-worth clients. And it’s really not surprising they’ve been pigeonholed in that waybecause before the arrival of RDR in 2013, that’s more or less exactly what they were. For advisers thinking […]
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Standard Life Aberdeen has sold its insurance arm to Phoenix in a £3bn deal. In the first results since the merger of Standard Life and Aberdeen Asset Management, the firm has said it has decided to exit the insurance market. Phoenix will pay a total of £2.3bn in cash for the business. Standard Life Aberdeen […]
Acquisitions are continuing apace this year but will that trend continue or will the market slow?
Latest statistics show personal pensions, in particular, get a bad rap The recently published preliminary estimates from the Office for National Statistics’ Wealth and Assets Survey make for interesting reading with regards to how people view pension savings and how safe they are. The next round of this survey will be even more interesting in light […]