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IFA probed over client money claims

The FSA and the Nottingham Fraud Squad are investigating a Nottingham IFA Oaktree Financial Services managing director Stephen Higham over alleged misuse of clients&#39 money.

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Schroders size up UK market

Schroders has introduced the Schroder UK Large Cap fund, a unit trust that invests in a portfolio of between 25 and 45 stocks listed on the FTSE 100 index. Schroders says that many IFAs and clients are making asset allocation decisions for themselves but there are not many funds invest exclusively in UK large caps. […]

Regulatory tools should prevent another Equitable says Penrose

FSA proposals aimed at reforming regulation of the life insurance industry could provide the necessary tools to prevent another Equitable Life from occuring, Penrose&#39s report says. While the regulator has “sought to anticipate many of the lessons that might be drawn by this inquiry,” Penrose says the tools it may design as a result will […]

Woolwich Plan Managers – Woolwich Capital Growth Plan

WOOLWICH PLAN MANAGERS Woolwich Capital Growth Plan Type: Guaranteed equity bond Aim: Growth linked to the performance of the FTSE 100 index Minimum-maximum investment: £3,000-£500.000 Isa £7,000 Term: Six years Return: 25% growth on initial investment or 50% growth in the FTSE 100 index Guarantee: Original capital returned in full regardless of performance of index […]

Personal Touch Insurance launches online conveyancing service

Personal Touch Insurance has launched an online conveyancing service, Personal Touch Conveyancing. The service is for intermediaries registered with PTI. PTI says it can save their clients up to 40 per cent on their conveyancing bills and for every completion the intermediary will earn a £50 fee. The service is provided in partnership with the […]

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