View more on these topics

FSA sets out plans for compulsory single pricing of unit trusts

The Financial Services Authority has told fund managers it is to introduce compulsory single pricing of unit trusts.


It will give one year&#39s notice to allow managers to introduce the necessary changes before it introduces the measure.


The FSA will permit voluntary single pricing for unit trusts from February 1.

Recommended

West Brom offers to complete mortgage in five days

West Bromwich Building Society is offering to complete a mortgage in five working days.Applicants need to provide a P60, their latest pay slip and bank statement and be registered on the electoral roll with a clean credit search.Marketing manager David Johnston says: &#34We are seeing a significant increase in mortgage business particularly in customers remortgaging […]

ICS opens compensation process for clients of 11 former firms

The Investors Compensation Scheme is permitting the clients of 11 former investment brokers to apply for compensation.The firms are Manchester-based Trevor Saw Insurance Services, Dorset-based Cathedral Gate Consultants, Solihull-based sole trader J.Eade, Staffordshire-based Morribond Kane & Partners, Sussex-based Selectline Financial Services, Sussex-based Oldham Mortgage Consultants, Bolton-based W.P.W. & Partners, Devon-based The Kensington Group, Middlesex-based Loh […]

Barclays reissues Guaranteed Stock Market Bond

Barclays is launching the second issue of its Guaranteed Stock Market Bond which it says could bring savers a 60 per cent return.The fund is linked to the FTSE 100 Index and has a minimum investment of £2,000. Barclays guarantees the return of the original deposit at the end of the three-year or five-year term.Customers […]

Barclays offers free gazumping protection

Barclays is offering free home protection plans to mortgage applicants in case they are gazumped in the process of buying a house.Home Buyer&#39s Cost Protection covers customers if a purchase falls through because the seller accepts another offer or the customer withdraws because the valuation is more than 5 per cent lower than the purchase […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment