Cofunds assets under administration have reached 4bn in four years since launch. The platform attracted 1.7bn in 2004. The supermarket launched in January 2001 and at its current rate of growth expects to break even in late 2006/ early 2007. The fund supermarket expects its rate of asset accumulation to increase when it launches personal pension and investment bond wrappers through a tie-up with Legal & General, later in the year.
The Personal Range – Individual Stakeholder Pension
Premier Mortgage Services managing director John Malone thinks he has an idea that could not only save the first-time buyer property market but could also kickstart the market as a whole as it reaches a dull, flat period.
Even if you are only an occasional reader of trade publications, you cannot have escaped one of the hottest buzz phrases in our industry behavioural finance where the worlds of psychology and financial theory have collided to form a burgeoning new field of study. In a nutshell, behavioural finance, or behavioural economics, is the study […]
Mortgage intermediary Cartel is offering a lifeline to members of Perthshire mortgage processor National Mortgage Services following its closure to business on April 1.
After a flat year for European equities, in which the Artemis European Growth Fund outperformed, manager Philip Wolstencroft is (cautiously) optimistic about 2016.
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Paris has beaten Dublin to swipe the European Banking Authority from London following Brexit, meaning the French capital will now host two of the three European Supervisory Authorities. An internal survey of EBA staff ranked Paris as the most desirable city to move to after Vienna, which had been a frontrunner for the authority alongside […]
Robo-adviser Nutmeg has passed the £1bn assets under management mark. The firm says it has roughly doubled both funds and client numbers since September 2016. Nutmeg now has around 48,700 customers. However, the digital wealth manager has struggled to make a profit since launching five years ago. Its 2016 losses amounted to £9.3m, up from […]
Equity release adviser Key Retirement has signed a new deal with live-in care provider Elder to give advisers more support on helping retired clients using their home to afford residential care. Key Retirement says that through lifetime mortgages with Elder, advisers will be able to offer new options for older clients wanting to remain in […]