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FTB numbers fall to 35,600

The number of first-time buyers in June fell to 35,600 compared with 39,800 in June last year, according to the Council of Mortgage Lenders. FTB income multiples hit a new high of 3.37 times average income.

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Axe and Aegon see big boost to offshore sales

Wider investment choice and tax planning opportunities are being cited for rising offshore sales in the first half of 2007.Sales of Axa’s offshore bond more than doubled to £116m compared with £53m in the first half of 2006 on an annual premium equivalent basis.Aegon Scottish Equitable International saw a 52 per cent rise in sales […]

Providers vow to bounce back

Money Marketing asks providers to justify their service levels and explain what improvements may be planned for the future. Axa Axa says its bottom position in the rankings reflects problems the firm was having with the introduction of its new individual pension product range at the time the survey was carried out. It says it […]

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