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Future Mortgages appoints new PR head

Sub-prime lender Future Mortgages has appointed Richard Hurst as public relations and communications manger from IFOnline where he was marketing manager. He will be responsible for internal and external communications and will become a press spokesperson for Future. This is a new role created by a restructure of the lender&#39s communications department following Michael Bolton&#39s departure last year to become head of lending at Birmingham Midshires. Before joining IFOnline Hurst had a communications role at Bristol & West.

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Upheaval could see CGNU turn from UK

One of the UK&#39s biggest insurers CGNU says the upheaval caused by depolarisation may lead it to divert shareholder capital outside the UK.CGNU, parent company of Norwich Union, says the profitability in the UK may be “undermined” by the extent of regulatory upheaval currently taking place and may lead to resources being directed into continental […]

A consumer&#39s view

As returns from equity investments continue to look dull, an increasing number of investors are turning to buy to let as an alternative, particularly in the area of long-term savings and pension provision.The worry is that when everybody thinks now is the time to do something – invest in tech stocks in 1999/2000, classic cars […]

Three-quarters of firms see no benefits to depolarisation

Three-quarters of IFAs see nothing to welcome in the FSA&#39s proposed changes to polarisation, according to the report by George Street Research.Respondents were asked to state what are the most welcome aspects of the changes and 154 out of 204 companies said they could not see any positive aspects in the proposals.The prospect of moving […]

Cheshire fixes at 5.78% for decade

Cheshire Building Society is expanding its mortgage range to offer nine new loans, including flexible trackers, a first-time buyer product, discounts and fixed rates.The 10-year fixed rate mortgage offers up to a 95 per cent loan at a rate of 5.78 per cent compared with the current variable rate of 5.65 per cent.The loan also […]

India rate cut – more to come?

Kunal Desai, Head of Indian Equities at Neptune Investment Management India’s stockmarket rallied this week following news that the central bank was cutting interest rates more aggressively than expected. Commenting on the rate cuts and what this means for India’s economic growth, Kunal Desai notes that there were two important details in the announcement that have […]

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