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Flight on A-list for safe seat

IFA champion and former Conservative vice-chairman Howard Flight is on the A-list of Tory candidates to fight safe seats at the next general election, according to sources close to the Party.

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FundsNetwork goes on the road

FundsNetwork’ latest series of nationwide user forums will take place in June featuring Fidelity, Henderson and Jupiter. The 18-venue roadshow will include presentations discussing asset allocation strategy, property investment and income generation in a low yield environment.

Preferred and SPML to merge operations in Lehman shake-up

Lehman Brothers has announced the amalgamation of two of its mortgage subsidiaries Preferred and SPML.All loan operations of the pair will be combined but both will retain the underwriting philosophies of the different brands and sales forces to service their particular fields. Lehman has yet to decide whether to combine the two offices.It has also […]

Cazalet claims that life firms are recycling cash

The FSA must wake up to the fact that current industry reporting requirements are not based in reality, according to independent consultant Ned Cazalet. Cazalet warned the IEA annual conference last week that product providers are not disclosing real profits as their new business numbers in life and pensions are based on money being recycled […]

Sipp deal offers free first year

Lawrence House Fund Managers is offering a Sipp with no set-up costs or charges for the first year in conjunction with pension specialist DA Phillips. The two firms will pay the 805 set-up and first-year costs of the premier trust Sipp for any client introduced by an IFA. Minimum investment is 150,000 to qualify for […]

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