The cost of integrating m-link and AssureWeb pushed the losses on Misys's portals to £5m for the six months ending November 30.
In a trading statement Misys said its financial services division had performed “well”, and said the cost of assimilation of DBS was £2m. Offloading Screentrade, Misys's business-to-consumer arm, cost £3m.
Canadian investment house Alpha Toronto is moving into the UK IFA market with an innovative new legal fund investing in “no win no fee” litigation. The fund offers a yield of up to 11.25 per cent a year over three years or 10.75 per cent a year over 18 months. Quarterly and monthly inc-ome options […]
Legal & General is building on the theme of capital protection with the introduction of the second tranche of its protected portfolio. Protected portfolio II has a five and a half year term, which is six months longer than the previous edition. It is linked to a portfolio of 30 stocks that are taken from […]
Perhaps it's just the time of yearOr then again it's too much beerBut a piece for Money Marketing is dueI can't face it – what to do. All this talk of regulationWhen it's time for celebrationSandler, Myners and all the restAre going to put us to the test. But for now let us reflectOn how […]
Thursday, December 13, 2001.Type: High interest account.Minimum-maximum investment: £1,000-£250,000.Interest rates: 4 per cent gross a year, 3.75 per cent gross amonth.Term: 12 months.Offer period: Until further notice.Withdrawal penalties: No withdrawals permitted during term.Tel: 0845 4584458.
Many commentators have suggested that the UK’s exit from the European Union will trigger a domino effect, leading to its eventual break-up. Neptune’s Rob Burnett discusses the likelihood of this happening. Read more: Important information Investment risks Neptune funds may have a high historic volatility rating and past performance is not a guide for future […]
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Adviser trade body Pimfa has called on the government to go forward with the pensions dashboard as rumours swirl that ministers are considering abandoning the idea. Pimfa’s call comes after reports claim work and pensions secretary Esther McVey believes that the pensions dashboard would be a distraction to rolling out universal credit and so should […]
The Money Advice Service will soon be superseded by a new public financial guidance body, rolling it into Pension Wise and The Pensions Advisory Service. Money Marketing looks at some of the key stats for the organisation ahead of the transition.
The year so far has been full of manager and senior staff moves. Earlier this month, eight senior staff at Standard Life Aberdeen left to go to Aviva Investors, to join former Standard Life Investments equities head David Cumming. With moves like this in mind, is a management team or sole manager the better choice? […]
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