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Franklin Templeton receives five new fund ratings

Franklin Templeton has had five funds awarded fund management ratings from Standard & Poor&#39s and seen its mutual beacon fund have its &#39A&#39 rating reconfirmed.

The Franklin global small mid-cap growth fund, mutual shares II fund and Templeton EuroMarket fund have all been awarded an &#39A&#39 rating while the Templeton growth fund and Franklin US equity fund have received a &#39AA&#39 rating.

Franklin&#39s mutual beacon fund – which changed manager to David Winters and Matt Haynes – has retained its &#39A&#39 rating after S&P reassessed the fund.


At last the FSA puts its finger in the PI

The professional indemnity problems faced by IFAs have been getting worse but there could be help on the way from the FSA.IFAs are looking at massive premium hikes. One IFA says in the last six months, seven out of 10 IFAs he knows have left the industry because they could not get PI insurance or […]

Nationwide offer lowest ever fixed rates

Nationwide Building Society has announced new rates for its fixed rates mortgages. A two year fix starts at 4.29 per cent, a 3 year fix at 4.69 per cent and a 5 year fixed rate is available from 4.84 per cent. The new rates, which the building society says are the lowest fixed rates it […]

Baring gifts

Baring Asset Management is holding a series of global investment seminars across the UK and Ireland.The seminars will feature presentations by some of the leading fund managers at BAM on the prospects for key global markets, including fixed income, emerging markets, the UK and Asia.The series will culminate with the flagship BAM global investment seminar […]

FSA director quits after five months

FSA director insurance firms David Gittings is quitting his job after only five months to join the board of Wellington Underwriting. The FSA stresses there was no acrimony or dispute over policy despite the short notice period – Gittings is set to leave the regulator and take up his new job next Monday on September […]


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