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Inter-Alliance shares fall 24 per cent

Shares in Inter-Alliance fell 24 per cent in the last to 110p from 83.5p after celebrated short-seller Simon Cawkwell, who is known in the City as Evil Knievel, said the Aim-listed national IFA was overvalued.

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Talkback

“Absolutely not. I am an IFA and I find them hard enough. The man in the street will not be capable of using them to the degree that he would need to be able to.” Leon Pownsey,Independent Financial Solutions “No. They do not seem to have worked for stakeholder. People still need advice.” Anthony Malone, […]

Britannia International – Split Deposit Bond

Wednesday, 15 January 2003 Type: Combined guaranteed equity bond and high interest account GUARANTEED EQUITY BOND Aim: Growth linked to the FTSE 100 index Minimum-maximum investment: Existing customers £2,500, new customers £5,000-£500,000 Term: Five years six months Guarantee: Capital returned in full regardless of performance of index Return: Up to 75% growth at end of […]

Compulsion already exists for employees

Am I the only person who thinks there is a compulsory pension regime already? There has been compulsion since graduated pensions, then Serps and now the state second pension.Leaving aside the basic state pension and people earning less than the lower earnings limit, if you are an employed person, you were contracted in to the […]

Standard Bank surprises brokers with SVR increase

Standard Life Bank has been criticised by brokers for raising its standard variable mortgage rate last week from 5 per cent to 5.1 per cent as they consider that base rates are likely to remain the same or fall.The bank blames the move on the wholesale money markets, claiming it was forced to make the […]

Johnson Fleming is a finalist at UK Pensions Awards 2016

The UK Pensions Awards shine the light on excellence and recognise the advisers, providers and investment managers that offer the highest level of innovation, performance and service to occupational pension schemes and their members. This year’s awards looked at advisers and providers across 31 different categories and were rigorously judged by a panel of senior […]

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