View more on these topics

Narrow margin

The headline on Money Marketing&#39s report on the recent KPMG building society review and indeed the opening sentence stating that building societies&#39 “margins are narrowing as competitive pressures increase” could have given your readers the wrong impression.

In fact, societies actively and deliberately manage down their margins to deliver better benefits to members, which is, of course, why it pays to be with a mutual.

The Building Societies&#39 Association confidently expects society margins to fall further in the future, benefiting their members even more, and further embarrassing their plc competitors which have to keep margins wide to pay dividends to shareholders.

Rachel Blackmore

External affairs manager,

Building Societies&#39 Association,



Independent view

Have a look at the following email sent to me by one of our more vocal clients.I had just sent him his firm&#39s stakeholder pension designation certificate and got the following in return when I hinted we might try to encourage membership. Please believe me when I say this is word for word as he […]

CA launches endowment campaign

The Consumers&#39 Association is launching a new campaign this week calling on action to be taken over endowment mortgages as the situation over their ability to pay off loans appears to be getting progressively worse. In London this week, CA director general Sheila McKechnie along with the consumer watchdog&#39s magazine, Which?, is launching its &#39endowmentaction&#39 […]

Keydata now on WIG website

The Fund Selector, a fund information service from Keydata, is now available on the Women&#39s IFA Group website.Members of WIG, numbering almost 600, can now access fund factsheets and comparative performance data and can prepare client specific illustrations online.The Keydata Fund Selector provides online content from the CD-Rom prepared on a monthly basis which is […]

Don&#39t make small guys the fall guys

None of us can dodge the professional indemnity issue. We have all seen or will see a huge increase in premiums.That said, I do feel that DBS has handled the problem badly and is unduly penalising the smaller IFA. It has increased its monthly fee for a sole trader from £200 to £330.70 and this […]

Can UK companies satisfy global appetites?

By Mark Martin, Manager of Neptune UK Mid Cap Fund

Rapid economic and income growth is leading to a dramatic shift in diet towards protein products right around the globe. UK companies such as Genus, the world’s largest livestock breeder, are benefiting from this increasing demand. Mark Martin, manager of the Neptune UK Mid Cap Fund, discusses this investment theme.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm