Pay-outs on Premium Bonds reached record breaking level in the last financial year according to the latest figures from National Savings.
Ernie was more generous than ever before paying out nearly 7 million prizes worth approximately £540m.
The record prize pay-outs come at a time of increasing popularity for premium bonds with an average investment of £302m a month. March sales reached a record £386.3m.
National IFAs are set to dominate the financial services marketplace according to KPMG Corporate Finance partner John Riddell.In his PIMS presentation Riddell predicted that networks will aim to set up their own national broking houses, while new national will be formed by aggressive, fast growing IFA firms and regional players seeking to grow their businesses […]
The Institute of Financial Planning will seek an alliance with Bankhall and IFA Portfolio after the merger of the support services giants is completed.The professional body believes the merged organisation will offer it access to many IFAs likely to embrace the financial planning message.IFP chief executive officer Nick Cann says "The Bankhall deal is a […]
Old Mutual Unit Trust Managers has appointed Chris Lynch as Investment Manager for the South West Region.Lynch will be responsible for intermediary sales and servicing of unit trusts and Isas within the region.He joins Old Mutual from CGU where he worked as a consultant at its Bristol office.
Martin Currie Unit Trusts is launching a portfolio service offers investors the choice of either growth or income through the use of two of the company's managed funds, the Income Portfolio and the Growth Portfolio.Both funds have a Standard & Poor's Fund Research A rating.The minimum investment is £10,000, although for investors wishing to receive […]
Edenred has partnered with Johnson Fleming to launch an auto-enrolment solution for small to medium-sized enterprises (SME) that will help employers fulfil their pensions obligations.
News and expert analysis straight to your inbox
Sign up
Money Marketing recently launched a brand new partner site, the DFM Centre. But what’s it all about, and why should you visit it? Here’s editor Justin Cash with an introduction to a valuable new resource for advisers. Visit the DFM Centre now at https://dfm.moneymarketing.co.uk/
The best buy list model is under scrutiny as the UK’s largest platform struggles with the suspension of one of its most popular funds If it ain’t broke – the old adage goes – don’t fix it. And on the face of it, there’s nothing much wrong with Hargreaves Lansdown as a business. HL has […]
Brewin Dolphin has continued its expansion in the Southeast with a new office in Royal Tunbridge Wells. The office will be managed by current Reigate office head Lee Clark, who will also continue to head up operations in Reigate. The office will be partly staffed by employees relocating from Brewin’s London and Reigate offices with […]