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Merrill sponsors Chelsea

Giant fund manager Merrill Lynch is to sponsor this year&#39s Chelsea flower show. The four year deal, will last until the Royal Horticultural Society&#39s bicenteniary year in 2004. As part of the deal, Merrill will have its own show garden.

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Julian Gibbs

There are now more than half-a-dozen stockmarket-linked high income and/or growth bonds available, with the highest income coming from Scottish Life&#39s income and growth bonus bond 3 at 10.3 per cent a year, just ahead of Scottish Widows&#39 extra income and growth plan at 10.25 per cent and Scottish Mutual at 10 per cent.I have […]

WPA sets up PMI website for IFAs and clients

Western Provident Association is setting up a private medical insurance website for brokers and policyholders to monitor and manage their private health insurance.The website enables intermediaries and corporate clients to administer their PMI policies, including buying, renewals and claims tracking.Medical audio files are also available on the website to allow users to learn about conditions. […]

Goodfellowdrops IFAs on MPPI

The Goodfellow Group has stopped selling mortgage payment protection insurance through IFAs and tied agents to concentrate on direct online selling of MPPI.Goodfellow, which worked with 2,000 tied agents and IFAs to sell MPPI, blames soaring professional indemnity costs for the move.But the group says it will maintain contact with a range of intermediaries to […]

From flexi-loans to funerals

Most UK residential mortgages will fall under the remit of the FSA under regulations published by the Treasury last week.But the Government has confirmed its decision not to regulate mortgage advice directly.The proposals, which are likely to come into force in October next year, cover traditional products and newer offerings such as flexible mortgages and […]

Japan: the Land of the Rising Dividends

By George Boyd-Bowman, Fund Manager at Neptune Many Western investors have long bemoaned the lack of a true dividend culture in Japan, claiming the corporate culture is not tilted in favour of shareholders. Yet today, in the Land of the Rising Sun, we see a fresh impetus to focus on shareholder returns, which is leading […]

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