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ICS allows claims against nine more firms

The Investors Compensation Scheme is allowing customers of 9 former investment firms to lodge formal applications for compensation.

The firms are WJH Dovey Insurance Brokers in Dudley, Staunton Group in Marlow, Solicitors Estate Agency in Paisley, RC Parish in Gloucester, Puttick Pensions & Financial Services in Devon, Broadway Business Services in West Sussex, Banner Assurance Services in Surrey, The Hallmark Consultancy in Solihull and Independent Financial Development in London.


AITC predicting boom for fund managers

Government plans for a life-long individual savings account could herald a boom for UK fund managers, according to the Association Investment Trust Companies.The AITC believes that the new schemes, dubbed the Lisa, could boost UK funds in the same way as US 401k plans, which have a similar design, boosted US mutual funds.AITC technical director […]

Darlington Building Society takes £207m of new business

Darlington Building Society too a record £207m from savers and borrowers in 1998.The number of savings and borrowers account holders increased by 6 per cent to 103,280 and total assets under management grew by 8.5 per cent to £367m.Pre-tax profit was up 11.3 per cent to £3.1m.

Legal & General urges borrowers to remortgage

Legal & General is urging borrowers to consider re mortgaging because it could save them £800 a year.Its latest survey shows that homeowners who have changed to a cheaper loan have saved on average £65 a month.It found that 25 were dissatisfied with their mortgage but only 53 per cent have ever considered re mortgaging.It […]

FSTC launches Isa training for IFAs

The Financial Services Training College is launching a ISA training course for IFAs.The new course, which is only the second in the country, meets the heavy demand for training on ISA investments. IFAs can chose between a one day or weekend training course followed by a one-hour multiple choice exam at the FSTC training centre […]

Mark Page: “A good time to be a European fund manager”

With European markets picking up in early 2015, Mark Page, Artemis European Opportunities Fund manager, discusses the ‘macro’ drivers and whether the improvements are sustainable. Largely driven by economic stimulus by the European Central Bank, European stockmarkets have performed strongly so far in 2015. Mark discusses the relative merits and sustainability of ECB policy with […]


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