Friday, January 4, 2002.
Friday, 4 January 2002. Fixed term: Two years. Fixed rate: 5.15 per cent. Minimum loan: £25,001. Maximum loan: Up to 85 per cent of valuation subject to a maximum of £500,000. Income multiples: 3.5 times principal income plus second or 2.75 times joint. Arrangement fee: £299. Redemption fee: 5 per cent of amount repaid for […]
Thursday, 3 January 2002. Type: Flexible tracker mortgage. Tracker term: Term of loan. Tracker rate: Bank of England base rate plus 0.5 per cent. Minimum loan: £1,000. Maximum loan: Up to 95 per cent of valuation subject to a maximum of £2m. Income multiples: 3.25 times principal income plus second or 2.6 times joint. Features: […]
Wednesday, 2 January 2002. Type: Capital guaranteed bond. Aim: Growth by tracking the FTSE 100 index. Minimum investment: Lump sum £5,000. Place of registration: Isle of Man. Investment split: 100 per cent FTSE 100 index. Guarantee: Capital returned in full at end of two year term regardless of movement in index. Isa link: No. Charges: […]
MFS International UK, a subsidiary of Boston-based fund management firm MFS Investment Management, has made its debut in the UK retail market.The MFS UK equity fund is one of three Oeics that have been introduced because the company is expanding across Europe. It will consist of a portfolio of between 20 and 35 UK stocks, […]
Watch Rob Burnett, manager of the Neptune European Opportunities Fund, discuss the Greek bailout deal and its potential implications for European equities. In the video Rob discusses: Why, with the Greek crisis receding, markets can now focus on Europe’s strong fundamentals The resilience of European markets and why the recovery is on a solid footing […]
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MPs on the Treasury select committee have slammed the Financial Ombudsman Service’s plans for how it will review past cases for evidence of poor decisions. FOS is planning to review decisions made soon after it reorganised in 2016, and has provided details of its proposed methodology to committee chair Nicky Morgan. FOS has outlined a […]
Money Marketing has spent a lot of time with lawyers over the past few weeks. It’s pretty rare that a challenge to a Financial Ombudsman Service ruling goes all the way to the High Court, but that’s exactly where Sipp provider Berkeley Burke has taken its judicial review of a decision, essentially holding it accountable […]
The FCA and The Pensions Regulator say they will use a broader range of interventions to drive up value for money for savers. In their joint strategy on pensions launched today, the watchdogs identify two new priority areas for joint action going forward. The first is a strategic review of the entire consumer pensions journey […]
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