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Mortgages plc to increase rates

Merrill Lynch subsidiary Mortgages plc has announced that it will be increasing its rates again by between 0.05 per cent and 0.92 per cent with effect from September 19.

Applications on current products must be submitted by September 18.

Marketing director Ian Whittaker says: “The continuing volatility in the capital markets mean we have no option but to raise the pricing of our products. We will continue to monitor the markets carefully to ensure our products and pricing remain appropriate, given the current state of the market.”


Protect against the RDR

Should protection be ring-fenced from the Retail Distribution Review? Lifesearch head of protection strategy Kevin Carr certainly thinks so.

NU in protection distribution deal with the Post Office

Norwich Union has announced a major distribution deal with Post Office Financial Services which will make Post Office branded NU protection products available for its customers.The first product to launch will be a 50 plus life insurance plan. A further life insurance plan will be available later in the year.Products will be available to purchase […]

Luckraft for SJP income fund

Axa Framlington’s George Luckraft is to run an equity income fund for St.James’s Place. The diversified income fund launches on October 1 and SJP is also launching a continental European fund, to be managed by SW Mitchell Capital, and a UK growth fund to be run by MPC investors.

Pearl hit for six by role reversal

As the Twenty20 Cricket World Cup kicks off this week, Resolution and Friends Provident pulled off a masterstroke of their own by hitting potential rivals Pearl for six as they continue to fend off those bidding to derail the creation of Friends Financial plc.

Artemis Monthly Distribution Fund: positioning and outlook

Managers James Foster and Jacob de Tusch-Lec outline the fund’s investment approach and discuss current investment themes and outlook for the bond and equity markets. As James and Jacob confirm, the Artemis Monthly Distribution Fund’s aim is to generate an income from both equities and bonds. They explain their investment approach in each asset class, the sectors where they are […]


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