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FSA to investigate wrap

The FSA is to undertake its first research of the wrap market. It will include looking at how charges are disclosed and focus on wrap use for whole of market advice.

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Leeds launches new postal bond paying 5.00 per cent

Leeds Building Society is launching a 2-year fixed rate postal bond paying a return of 5.00 per cent.It was available from December 28, 2005 and will allow instant access to all the funds without notice, giving a guaranteed rate of 4.00 per cent.Leeds product development manager Stuart Fearn says: “This postal bond offers an unusual […]

Royal Liver appoints Sprung to lead Park Row

Park Row, A Royal Liver Company, the newly combined sales force effected last month has appointed Peter Sprung as its new chief executive.Sprung was promoted from head of Park Row Corporate and Private Clients and will also join Royal Liver’s executive team.Outgoing Park Row chief executive and founder Tim Newman, will stand down, remaining at […]

Nine in line to move into lending market

This year is set to be a busy one for the mortgage market with the Council of Mortgage Lenders predicting that up to nine new lenders will enter the UK market. Brokers wait with anticipation for Michael Bolton’s venture, backed by the Oakwood Group, as well as what Deutsche Bank will come up with after […]

Europe: banking on a recovery

Neptune video: Europe — banking on a recovery

Arguing that the eurozone crisis is over, watch Rob Burnett, head of European equities at Neptune, discuss the sectors that he’s investing in to harness the recovery. 

In the video, Burnett addresses the following: 

• The primary drivers of the eurozone’s economic recovery
• The turnaround in individual countries’ current accounts
• Sectors best positioned to harness the recovery, without offering undue exposure to risk

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