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National Mutual launches five managed equity funds

National Mutual is launching a range of five actively managed equity funds to complement its existing range of pension funds.

The five funds which constitute the select equity range will be managed externally. This follows the pension specialist&#39s decision to out-source the management of its equity funds in October last year.

The UK equity and North American equity funds will be managed by JP Morgan, the European equity and Far East equity by Goldman Sachs and the Japanese equity by Schroders.

The new equity select funds will be available from July 1.


NatWest launches discount mortgage range

NatWest Mortgage Services has launched a range of discount rate mortgages exclusive to the intermediary market.The range includes a two-year discount of 0.95 per cent until September 30, 2001 with a payable rate of 5.94 per cent. This loan has no early redemption penalties.The range offers a number of one, two and three-year discount rates […]

Kestrel members get on-line service

The Kestrel Network is providing members with an on-line news and information service.The service will allow IFA&#39s to access on-line details of their commission balance, fees due and any advanced payments made.Members are provided with a secure password to gain access to the site which its shares with parent network Financial Options.Kestrel members can also […]

Money Marketing gives evidence to Treasury select committee

Money Marketing has today appeared before the Treasury select committee inquiry into mutuality.Money Marketing editor Stephen McDowell urged the Committee to ask Bradford & Bingley chief executive Christopher Rodrigues who is giving evidence next week, how much money he will receive if the society converts.Money Marketing also provided the select committee with a background to […]

Hewitt makes three appointments to IBRC

Treasury economic secretary Patricia Hewitt has announced the appointment of three Treasury nominees to the Insurance Brokers Registration Council.All three appointments have extensive experience within the financial services industry. They are Ronald Armstrong, Bryan Lincoln and Dr Oonagh McDonald.Armstrong was formerly deputy director general for the Building Societies Association and is currently a non executive […]


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