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Hollands fails to stem tide

Leading investment IFA and Conservative hopeful Jason Hollands, standing for Hornsey & Wood Green, failed to make any impression on the sitting Labour MP Barbara Roche majority at yesterdays General Election.

Bestinvest deputy managing director, Hollands, trailed in third behind Labour and Liberal Democrat rivals, securing 6,921 votes a 15.7 per cent overall share compared to 21,967 or 49.9 per cent for Labour and 11,353 or 14.5 per cent for the LibDems.

There was a 6.2 per cent swing against the Tories and a 11.8 per cent swing against the Labour Home Office minister Roche. The main benefactors were the LibDems with a 14.5 per cent swing in their favour.


Northern Rock and L&G in reissue of combined account and bond

Northern Rock and Legal & General are teaming up to launch an instantaccess savings account offering fixed interest of 7.05 per cent alongsidean investment bond. The companies say the offer follows the success of previous issues of theBalance Choices account. Policyholders are offered a guaranteed return on the instant accessaccount until July 1, 2002 together […]

Baring targeting institutional cash with new funds

Baring Asset Management is offering a range of unit-linked life funds torun alongside its existing Oeic range for institutional investors. The funds are aimed at both defined-benefit and defined- contributionoccupational pension schemes investing in pooled funds. The new funds will be invested through a branch of ING-owned Dutch insurerNationale-Nederlanden, which has been “passported” to the […]

High net worth clients&#39 favourite fund managers named

Aberdeen, Gartmore, M&G, HSBC and Perpetual are the most popular fund managers with high net worth clients according to a new survey from Tulip.The five managers came top in a survey of clients with assets of more than £500,000.The survey also revealed that less than half of wealthy individuals had heard of Threadneedle, Britain’s third […]

Tory IFA comes fourth in Wales

Monmouth-based IFA practice director and Conservative candidate Richard Hill came fourth in the Labour stronghold of Ogmore in Glamorgan.Kymin Financial Services director Hill lifted the Tory vote by 1.3 per cent to 11 per cent, but still came in behind Plaid Cymru and the Liberal Democrats. Ray Powell held on to the seat for Labour […]

Converting pension savings to a retirement income…

Since last year’s reforms to pension legislation, a significant number of retirees have chosen income drawdown over purchasing an annuity. Income drawdown is more flexible than an annuity. However, it also increases the likelihood that individuals won’t be able to maintain their income throughout their lifetime. In this short video, we explain the risks that […]


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