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Mortgage lending high at Standard Life Bank

Mortgage lending at Standard Life Bank has reached a record high of £7bn after the expansion of the bank&#39s mortgage range.

Standard Life puts the achievement down to continued growth in the UK mortgage market, as well as its expansion into new sectors last year, which saw particular growth in the strength of the first time buyer and discounted rate sectors.

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Merger for TrustNet

Online UK fund information provider TrustNet and data supplier Financial Express Prestel are merging in a move they say will create a one-stop information shop for IFAs.The two firms, which will retain their separate branding, say the merger will allow them to meet all IFA data requirements, including daily prices and dividends, factsheets, total return […]

Insight Investments – Insight Investments UK High Yield

Tuesday, 22 October 2002 Type: Oeic Aim: Income by investing in high yield fixed and variable rate securities Minimum investment: Lump sum £2,000, monthly £100 Investment split: 100% in high yield fixed and variable rate securities Isa link: Yes Pep transfers: Yes Charges: Initial 5.25%, annual 1.15% Commission: Initial 3%, renewal 0.5% Tel: 0845 8506050

CA defends campaign after concern by Smee

The Consumers&#39 Association has written to Aifa director general Paul Smee to express concern over his attitude to the CA&#39s campaign on endowment misselling.Following a conversation with Smee at a Treasury forum last week, CA campaigns director Allan Asher has written a letter to Smee which also slams the FSA for having “failed to do […]

Cash back service from Chartwell

Chartwell Investment Management is offering to split renewal commission 50/50 on an annual basis with investors who re-register or transfer their funds to the IFA.It estimates that at the end of August there was £158.9bn of funds under management which it predicts gives £397.25m in renewal commission.Chartwell calculates that if it was the broker for […]

How to use wills to protect your clients’ wishes

March was Free Wills Month! Free Wills Month brings together a group of well-respected charities to offer members of the public aged 55 and over the opportunity to have their simple wills written or updated free of charge by using participating solicitors in selected locations around England and Wales. Research by the Law Society* highlighted that only 64 […]

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