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Ethical investments growing

Funds under management in ethical unit trust topped £1.7bn in July compared to £1.5bn over the same period last year according to CIS Unit Trusts.

In its ethical guide the fund manager also highlights how the number of ethical unit trusts available has grown to 31 unds from 23 a year ago.

CIS believes this figure is likely to grow even further as new entrants make their debut in the market over the coming months.


Housing boom set to continue in the South

The housing boom in the South of England is set to continue for the foreseeable future according a report from Portman Building Society.The society&#39s Residential Property Review – Second Quarter 1999 says the market is booming because of a combination of factors, including low interest rates, increased demand and a shortage of available properties.senior staff […]

Eight firms still risking Year 2000 compliance failure

Eight financial services companies are at risk of failing to be &#39Year 2000&#39 compliant, according to Action 2000, the Government-sponsored monitoring body.In its latest update, it says the eight, some 2 per cent of the industry are under intensive supervision as they continue to &#39present a material risk&#39.A further 32 per cent of firms are […]

Stakeholder proposals too vague claims Society of Pension Consultants

The Society of Pension Consultants claims the Government&#39s Stakeholder Pensions proposals are too vague.In its response to the Stakeholder Consultation paper, the society says it is unclear what level of advice the Government expects under the 1 per cent maximum charge.The SPC says the consultation brief refers to advice as providing basic information, responding to […]

Norwich Union warns investors to beware of no Cat-marked Isas

Norwich Union Investment Funds is warning investors to beware of non Cat-marked Isa funds.It says &#39ignoring the benefits of Cat standards could mean losing the performance race before it has even started&#39.NUIF bases this comment on figures compiled by Fitzrovia for its NU Isa league. The league claims that on average investors would only have […]


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