View more on these topics

Nationwide beats off carpetbaggers

Nationwide building society recorded pre-tax profits of £220.4m for the six months to October 4, up almost 4 per cent on the same time last year.


Nationwide chief executive Brian Davis believes the boost gives a clear message of its mutual status strength which should help fend off would-be carpetbaggers.

Recommended

Pru goes green with investments

The Prudential is to start taking social and environmental factors into consideration when investing in companies.The Prudential Portfolio Managers investment arm of the life office will screen all potential UK equity investments using a broad light green criteria drawn up by the Ethical Investment Research Service.

Misys goes virtual

Misys is setting up a virtual financial services brokerage competing with its own networks according to a report by its broker Morgan Stanley Dean Witter obtained by Money Marketing.The report describes the plans as the “killer category in the internet universe” and compares it to direct services in the US which compete with financial advisers […]

Norwich Union – Equity Release (inserted 29/11/99)

Flexible Cash Release PlanType: Equity release scheme aimed at the over 60s.Minimum property value: £60,000.Minimum-maximum loan: Minimum of £10,000, subject to a minimum of 10% of the property value. Maximum of £500,000, subject to a maximum of 45% of the property value.Interest rate: 7.85%.Minimum-maximum age: Minimum 60, no maximum.Charges: Valuation fee £165 minimum. Application fee […]

NatWest goes upmarket

National Westminster Bank is launching a private banking service for affluent clients holding between £100,000 and £500,000 in assets.The move is seen as filling the gap between regular NatWest customers and the more affluent who bank with NatWest-owned Coutts.The new service is expected to be called NatWest Priority Banking.Bank of Scotland launched a hostile £22bn […]

Solving the income puzzle

There is a puzzle at the centre of financial markets. The global economy is growing, there are signs of inflation and interest rates are going up, yet yields remain low. In this article, James Foster, manager of the Artemis Monthly Distribution fund, unpicks this conundrum and looks at where investors can find income. There is […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com