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MFR to be reformed

The Chancellor of the Exchequer Gordon Brown has announced the reform of the minimum funding requirement for pension funds.

The move has been made on the recommendation of fund manager Paul Myners who has been conducting a review of institutional funding.

It will be welcomed by the UK corporate pensions which have been struggling to match their assets to the MFR due to the shortage of long term Government debt because of the low level of Government borrowing.


Loans on menu at IFonline cafe

IFonline is taking its cyber cafe-style exhibition stand across the country in a series of IFA roadshows.The online mortgage broker says a cyber cafe is more innovative than a traditional exhibition stand as it aims to provide IFAs with a relaxed environment to experience the IFonline mortgage trading platform.The specially designed stand has PCs displaying […]

Be specific in Asia-Pacific

Increased globalisation is breaking down trade barriers and encouraging sector analysis in many markets, for example, Europe. But the AsiaPacific region is diff erent and each country should be ass essed on its own merits.After a period of negative sentiment and market falls, valuations are now very good in Asia. Hong Kong and Singapore – […]

Woolwich – Open Plan 1.95 Per Cent Discount For 2 Years With £500 Cashback

Tuesday, 7th November 2000.Type: Discounted rate flexible mortgage.Discounted term: Two years.Discount: 1.95 per cent.Payable rate: 5.8 per cent.Minimum loan: £1,000.Maximum loan: Up to 95 per cent of valuation subject to no maximum.Income multiples: 3.25 times principal income plus second or 2.5 times joint.Features: Underpayments, overpayments, payment holidays, lump sum withdrawals, interest calculated daily.Arrangement fee: None.Redemption […]


It&#39s just a hunch but I bet your clients have become a tad more cautious in the last few weeks. Rail deaths, flash floods and petrol protests have combined to give the distinct impression that Arma geddon will strike next Tues day evening.For the thousands whose lounges now boast a wall-to-wall water and sewage mix […]

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What price (more) freedoms?

George Osborne will make his last Budget speech of the current parliamentary term this week, and the early media briefings suggest that pensions will again feature heavily in that statement. So what are we able to learn from the weekend’s coverage?


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