View more on these topics

Liverpool Vic guarantees endowment top-ups

Liverpool Victoria Friendly Society has guaranteed its endowment policyholders it will cover any top-up payments should policies not fully cover mortgage repayments.

Around 7,500 people could benefit from the promise should they face mortgage shortfalls if policies have not grown fast enough to cover their loans.

Liverpool Victoria group chief executive Malcolm Berryman says: “We want to reassure our members and pass on the benefits which our mutual status allows. Last year was excellent for investment returns and coupled with our financial strength, we have been able to take this unusual step of offering a guarantee of no shortfall.”


IFAs use past performance despite warnings

The vast majority of IFAs turn to past performance to help them sell products despite the FSA proposal to omit it form its comparative league tables.Research by Newton Fund Managers reveals 80 per cent of IFAs rely on past performance from product providers to help them sell products to clients. The research also shows that […]

Fund managers shun capped FTSEs

Fund managers are set to shun FTSE International&#39s proposed capped indices due to introduced because of the Vodafone/Mannesmann market-cap busting deal.European laws prevent investment funds from holding more than 10 per cent of any stock, but the merged company will make up around 14 per cent of the FTSE 100 index.Virgin says the capped concept, […]

Analysts attack RBS plans for NatWest mortgages

Royal Bank of Scotland&#39s mortgage strategy following its successful bid for NatWest has come under fire from banking analysts.They predict Royal Bank of Scotland will be forced to co-price and co-brand RBS and NatWest mortgages.In the wake of its successful £21bn takeover bid RBS has restated its intentions to maintain the two brands separately justifying […]

18,000 staff face the axe as RBS takes NatWest

Thousands of staff face the axe following Royal Bank of Scotland&#39s successful £21bn takeover bid for NatWest.A total of 60 per cent of NatWest&#39s shareholders backed its bid. RBS revealed 18,000 jobs would be cut from the newly joined staff as a result.The victorious Scottish bank also said the integration of the two workforces could […]

Greece: the sideshow continues

Artemis managers James Foster, Mark Page and Laurent Millet comment on the Greek deal, describing it as “just another fudge” getting in the way of bigger developments in China, the UK and the US. To read the full article click here.


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