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Elta issues court claim

Equitable Life action group Elta has issued a multi-million-pound claim against Equitable in Bristol Mercantile Court, alleging the society missold annuities.

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New flexible self-cert tracker by Pink

Pink Home Loans has launched a new residential mortgage funded by BM Solutions, offering a headline rate of 3.99 per cent. The product tracks the Bank of England base rate minus 0.51 per cent for two years, followed by the base rate plus 1.25 per cent for the remaining term of the mortgage. The product […]

Top property hotspots all outside the South

The top 10 property hotspots over the past year are all outside Southern England and the North/South house price divide is narrowing, according to the Halifax house price index. Crewe has seen the biggest increase in prices at 58 per cent followed by Carlisle at 55 per cent and Accrington at 54 per cent. The […]

Nobles help Invesco make VCT debut

Noble & Company is promoting the venture capital trust debut from Invesco Perpetual. The Invesco Perpetual Aim VCT will invest in the alternative investment market and will be managed by the team which already runs several smaller companies funds. Nobles and Invesco Perpetual intend to raise up to £40m for the VCT, which will be […]

NU wants FSA clarity on orphan assets

Norwich Union has called on the FSA to clarify its position on the procedure for reattribution as it considers sharing the £4.3bn orphan assets in its huge with-profits fund. NU UK life chief executive Gary Withers wants the FSA to spell out its vision of a fair procedure for reattribution, which he says would be […]

Craig Inches – thoughts on how to preserve capital and generate income in an inflationary environment

In this short video, Craig Inches, head of short rates and cash at Royal London Asset Management, offers his thoughts on how to preserve capital and generate income in an inflationary environment. Watch the video in full The value of investments and the income from them is not guaranteed and may go down as well […]

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