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Freetrawl offers Tep internet service, the online branch of Tep provider Policy Plus, is writing to every IFA about its services.

The service offers access to information on all companies selling Teps.

The independent internet division has been running for five weeks and is advertising to raise its profile among IFAs.

The target market of the campaign is all IFAs using the internet but it also hopes to convince those not yet online it is in their interests to take advantage of the opportunities off-ered by the internet. sales and marketing director David Carrington says: “The goal is providing IFAs with access to the Tep market that is much simpler and much faster than anything they had access to in the past.”


Share exchange is no robbery

Last week, I continued my evaluation of the Budget changes to taper relief for business assets by working through an example which addressed two important issues: Where the period of ownership spans both the new and the older, more restrictive ownership rules. Where the assets satisfy the business assets test for some of the period […]

Flemings posts record profits

Flemings, the investment bank, has announced pre-tax profits of £328m for the year ending March 31. The previous year’s figures were £64.1m. Chase Manhattan is acquiring Flemings. It has so far received acceptances for almost 92 per cent of Flemings shares, but the deal will not receive regulatory approval for another three weeks. Flemings chief […]

Cracking the safe

Gone are the days when income came from a bank account or from dividends. Today, a complex and diverse range of products exists to accommodate short to long-term income requirements.The good news for investors is that competition in the market has led to innovation and greater reward. The problem for many remains – where do […]

CGU buys stake in Spanish life office

CGU announced on the weekend a £200m bancassurance deal with Bancaja, the Spanish savings bank.The acquisition will give CGU a 50 per cent stake in the Spanish bank&#39s life insurance subsidiary Aseval, including management control.The move further increase CGU&#39s presence on the continent. The life office is involved in a merger with Norwich Union, pending […]


Neptune video: UK economy: a sustainable recovery?

After years of a slowly brewing economic recovery, the UK has seen a strong rise in growth in recent months. Mark Martin, manager of the Neptune UK Mid Cap Fund, discusses the strength of this recovery and whether it is sustainable.

In the video, Martin addresses the following:

• Structural features supporting the UK economy
• UK mid-caps and the potential for M&A activity
• Valuations and opportunities in house builders


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