View more on these topics

Interactive offers spread betting

Interactive Investor has launched a spread-betting service to enable gamblers to have a flutter on financial markets.

The online investment service has developed a spread-betting account that has a minimum stake of 50p across a wide range of markets.

It also offers an eight-week online course designed to educate users on spread betting, from the fundamentals to the in-depth mechanics of trading.

Investors will be emailed weekly course notes and during the eight weeks will be able to bet on most markets with stakes from 1p per point.

This will let them experience spread betting on a live system while limiting their financial risks. The minimum stake will rise to 50p per point on internet trades after the course. Risks can be limited with stop-losses and there is a helpline.

Chief executive officer Tomas Carruthers says: “The biggest emphasis is on education first and trading second via the spread-betting academy. This is the only sensible approach to the risks.”

Dickson Lishman Prince partner Richard Lishman says: “Spread betting is only good if you really understand financial markets, just like gambling. If you do not understand it, then your best other option is to go down the casino and put all your cash on red or black.”


Trustnet doubles number of advisers

The number of advisers using Trustnet has doubled in the last four years, according to a user survey on their website.There have been nearly 4000 registrations to Trustnet Adviser since its launch in August. The free adviser-only service is aimed at helping intermediaries to research and select funds for client recommendations.The survey also shows that […]

Elderstreet announces 15m share offer

Elderstreet, the venture capital fund manager, has launched a C share issue to raise an additional 15m for the Elderstreet VCT.In addition to standard income tax relief, after three years, C share investors will receive a 30p return for every 1 invested. This is in addition to any other investment gains and is subject to […]

Craig Inches – thoughts on how to preserve capital and generate income in an inflationary environment

In this short video, Craig Inches, head of short rates and cash at Royal London Asset Management, offers his thoughts on how to preserve capital and generate income in an inflationary environment. Watch the video in full The value of investments and the income from them is not guaranteed and may go down as well […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm