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IFAA U-turn over trade body talks

The IFA Association&#39s chairman and deputy chairman are to sit on a revamped steer ing committee charged with setting up a new trade body for IFAs.

The change of heart by Bernard Jones and Keith Brassington comes only weeks after Jones dismissed plans for a new body, spearheaded by the Large Networks Association and the Large Intermediaries Group, in the IFAA&#39s written submission to the IFA Representation Steering Group.

Their decision to join the steering group has fuelled speculation the new body will be built around the IFAA.


Threadneedle Property expands asset management team

Threadneedle Property Fund Managers has appointed two new asset managers.Alex Brouwer was recruited from Five Oaks Investments where he spent nine years. John Munro joins the company from Standard Life&#39s property management team.Initially they will be responsible for the property funds managed for Allied Dunbar and Eagle Star by Threadneedle.The expansion of the team follows […]

L&G urges changes to stakeholder proposals

Legal & General has urged the Government to simplify its stakeholder pensions proposals.The life office is seeking a number of changes which it feels are necessary to ensure stakeholder is both successful and simple to understand.L&G&#39s pushing for two categories of stakeholder scheme, a trust based model appropriate for larger group schemes, and an audited […]

Portman Building Society launches mini-Isas

Portman Building Society is launching two mini cash Isas, an instant access and 90 days notice version.The Instant Access Isa will meet Government Cat standards paying an interest rate of 4.25 per cent with a minimum investment of £10.Savers will qualify for a 1.5 per cent bonus if they invest £3,000 in the first year […]

Fidelity reveals Isa range

Fidelity Investments has revealed details of its Isa product range.It will include investment and cash components and be available on both a mini and maxi basis.The range includes all the funds currently available through its Pep plus its Japan Special Situations and Managed International funds, giving a total of 28 funds.The fund manager says it […]


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