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First National restructures business

First National Bank is restructuring its business, integrating its motor and retail units that will be brought together as one intermediary-facing operation.

First National Motor Finance managing director Keith Horlock will head this unit under the title of Group New Business Director.

First National managing director Philip George says: “The new business structure has been carefully planned and is designed to help us capture a higher market share, reposition our products and enhance the long-term strength and profitability of First National.”


Scottish Widows launches new ad campaign

Scottish Widows is launching a campaign to promote its new and existing income products. Starting next month, the campaign will promote Widows&#39 high income bond Isa, which has a Standard & Poor&#39s AA rating, and its new mid-yield, mid-risk strategic income Isa. It will also promote Widows&#39 corporate bond Isa. The campaign will be billboard-led […]

Close Brothers Investment – English Country Inns

Thursday, February 28, 2002Aim: Growth by investing in public houses south of the M4Minimum investment: Lump sum £2,100Opening/closing date: January 29, 2002/May 31, 2002Charges: Initial 5.95%, annual 2.8%Commission: Initial 2.5%Tel: 020 7426 4315

Porteus re-elected as Sofa chairman

Sofa has re-elected John Porteous as is its chairman for the next year and appointed two new vice-chairs. Phil Billingham Associates chairman Phil Billingham and Informed Choice managing director Nick Bamford will serve as vice-chairmen for the forthcoming year, taking over from Keren Milton and Richard Anderson. Billingham has been a Sofa director since 1999 […]

Isis pulls technology VCT

Isis has pulled its technology VCT after raising just £300,000 in the four months since launch.The fund, which was aiming to raise some £25m, is the third VCT to be pulled in less than a month, following the withdrawals of Pathway One and Gartmore Premier at the start of the month.It is likely to be […]

Tax year-end planning with the family

From the Technical team at Prudential Let’s face it, many aspects of financial planning involve a lot of technical detail. At our face-to-face events, we’ve had great success bringing these technical topics to life through the use of practical case studies. Meet the family Prudential’s Planning Matters hub brings together a fictional family and explores […]


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