View more on these topics

Give Nationwide credit for daily interest

I read with interest the article, IFAs&#39 anger over Nationwide Cat on mortgages (Money Marketing, April 5).

I do think that this is being unfair to Nationwide because although it has applied a Cat standard across the range of products (and what&#39s wrong with that?), Nationwide – unlike the Halifax – gives daily interest automatically to existing clients as well as offering new and improved fixed rates.

Of course, there are better and worse product ranges on the market and it is for the likes of David Hollingsworth (mortgage specialist at London & Country) and myself to source, and, indeed, justify appropriate recommendations.

High-street lenders have been losing market share and I can only applaud those which change positively.

Well done Nationwide and we – as IFAs – will continue to research in the best interests of our clients.

David Morris

Evans Ash Financial Services,Penkridge,Staffordshire

Recommended

Carphone Warehouse takes NU stakeholder scheme

Carphone Warehouse&#39s 3,500 employees will have access to a designated stakeholder pension scheme with Norwich Union, in a deal arranged by Sedgewick Independent Financial Consultants.Carphone Warehouse chief executive officer Charles Dunstone says: “As retail Employee of the Year, looking after our employees is our greatest priority. The scheme our advisers have negotiated gives members access […]

A pension policeman&#39s lot is not a happy one

Given that the Occupational Pensions Regulatory Authority has limited resources, no records of schemes being designated and no means of checking which firms have more than four employees, the only method of policing stakeholder compliance appears to be employee whistleblowing. Do the panel feel this is adequate? – Name and address supplied. NB: Whistleblowing will […]

Legal & General goes for stakeholder

Legal & General has leapt upon the stakeholder bandwagon with the introduction of its group stakeholder pension.Aimed at employers of all sizes who are looking to fulfill their legal obligation to offer a stakeholder pension, the pension has a minimum group size of one, and a minimum premium of £20 a month per person.People investing […]

UK selection from ABN Amro

ABN AMRO UK Select Opportunities Fund Type: Unit trust. Aim: Growth by investing in small, mid and large-cap UK companies.Minimum investment: Lump sum £1,000, monthly £50. Isa link: Yes. Pep transfers: Yes. Charges: Initial 5 per cent, annual 1.5 per cent. Special offer: Initial charge reduced to 4 per cent, and 3.5 per cent for […]

Tech IPOs: The outlook in 2017

Ali Unwin, CTO & Fund Manager, Neptune 2016 was a weak year for technology IPOs – only 13 US venture-backed tech IPOs hit the market, in spite of fairly high public market valuations and investor appetite. Will 2017 be different, asks Neptune CTO & Fund manager Ali Unwin. Click here for article Important Information Investment risks Neptune […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com