View more on these topics

Marginal rise in Skipton profits

Skipton Building Society’s half year results show pre tax profits were up marginally by 1.45 per cent to £25.12m from £24.76m on the same period last year.

Group assets have increased 13 per cent to £5.9bn from £5.2bn in the same period last year.

Group interest rates were up to 1.26 per cent from 1.25 per cent on last year. Group mortgage balances grew by 12.23 per cent to £4.57m from £4.07m. Its management expenses ratio fell to 82p from 75p per £100 assets.


Industrial focus for iShares

iShares has introduced the iBloomberg European industrials fund.Created as an exchange-traded fund, it is aimed at experienced investors. The aim of the fund is to provide long-term growth by tracking the recently created Bloomberg European investible industrials index. The fund will be managed by Barclays Global Investors.The Bloomberg European investible industrials index includes companies that […]

Skipton launches 5 year growth bond

Skipton Building Society has launched a new five year guaranteed growth bond promising absolute minimum returns of at least 126 per cent of the initial investment.The bond with a minimum investment of £2,000 and a maximum of £10,000 and offers the potential to earn 50 per cent gross over five years or 8.45 per cent […]


“Yes. The one per cent regime will enable banks to work out ways to sellthat are more cost-effective than traditional methods.” Kim Barrett, KS Barrett & Associates “Quite possibly. The bancassurers will project themselves as the boys tobe with, offering the whole market, when in fact they won&#39t be.” Richard Millen, Wealden (South) IFA “No. […]

FSA must lead by example to reveal its Equitable role

Before it has reached the N2 starting line, the FSA is in crisis. It is now time for some uncharacteristic bravery from Canary Wharf. It will be difficult to shake the association with Independent andEquitable Life. As every player in financial services knows, if you give adog a bad name, it tends to stick. In […]

Trouble ahead - thumbnail

Pensions: trouble ahead?

The pace of change in the pension’s space has been little short of astonishing, and has left thousands of employers struggling to keep their pension policy compliant, and also on the right side of current best practice and governance. Many employers, and indeed many in the pensions industry itself, would like to see a period of no change during the next term of government. This would give all sides a chance to catch up and draw breath. 


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