View more on these topics

Nationwide wins most coverage in mortgage war

The growing popularity of remortgaging has taken the war between top

lenders into a new phase and influenced national media coverage in June,

claims media analyst PressWatch.

Its monthly analysis found the high profile of mortgages helped Nationwide

Building Society receive more mentions in the media than any other

financial services company.

Nationwide chief executive officer Brian Davis ended May by reiterating

his commitment to honesty and fairness to members.

Fidelity came second in the table, due mainly to its popularity with IFA

pundits in the media, while languishing at the bottom was beleaguered

Independent Insurance.

Misys came second from bottom due to its decision to wind up its

business-to-consumer online service. It did get one piece of positive

coverage which referred specifically to the IFA side of its business.

In the life insurance sector, windfalls were a popular topic for the

press, with Friends Provident “stirring up the biggest frenzy” according to


Standard Life, Norwich Union and Legal & General maintained their lead in

pension coverage due to all three companies embracing stakeholder pensions.

Chase de Vere investment manager Anna Bowes emerged as the most frequently

quoted independent adviser while colleagues Simon Tyler, Ian Millward,

Janine Starkes and Justin Modray helped make Chase de Vere the most quoted

IFA firm.

Presswatch marketing director Timothy Crane says: “Anna Bowes has

effectively made the top pundit label her own as the voice of the financial

services arena. Such luminaries as Jason Hollands and Mark Dampier are

struggling to keep apace.”

Life office Foresters UK has raised £85,000 to fund an inflatable

inshore lifeboat for the Royal National Lifeboat Institution. The 24ft

craft was officially dubbed the Millennium Forester last week at RNLI


It is the third boat Foresters has donated to the RNLI in an association

lasting longer than 30 years, during which the boats have saved 343 people.

The craft has a maximum speed of 32 knots, making her the fastest lifeboat

in the fleet.

Funds for the latest boat were raised in a series of events such as a car

giveaway and local fundraising by Forester&#39s 34 branches.

Foresters head of marketing and communication Steve Dilworth says: “When I

started fundraising for Foresters, our members overwhelmingly decided to

support the RNLI and our pledge to purchase an Atlantic 75 lifeboat began

in 1996. This launch was the culmination of four years of fundraising by

our officers and members. We raised funds through raffles, golf days and

fairs. Our members are the people who have achieved this amazing result.”


Specialist lenders are winning broker business

More than three-quarters of mortgage intermediaries deal with specialistas well as mainstream lenders, according to new research from UCB HomeLoans. The Nationwide Building Society subsidiary which specialises in lending toself-employed people and other non-conformist borrowers says 78 per cent ofmortgage brokers use specialist lenders. UCB says there are two major niches within the specialist market. […]

Private Label limits flexibility

Private Label&#39s freepay flexible mortgage is aimed at borrowers who want to make limited overpayments but do net get around to it.This discounted rate base rate tracker is available for loans of up to 95 per cent of valuation. It remains at 0.74 per cent above the Bank of England base rate for the first […]

Merrill Lynch HSBC – Higher Interest Savings Account

Thursday, 19 July 2001.Type: High interest account.Minimum-maximum investment: £10,000-none.Interest rates: £10,000 – 4.5 per cent gross a year, £10,001-£25,000 – 4.75 per cent gross a year, £25,001-£100,000 – 4.85 per cent, £100,001 and above – 5 per cent.Term: None.Offer period: Until further notice.Withdrawal penalties: None.Tel: 08456 030405.

Recycling an income

With the launch of the Government&#39s website for silver surfers last week,we can expect those of retirement age to become increasingly well informedabout their financial affairs. But tax planning concepts will probably needa little help from financial advisers for some time to come. Take the tax regime introduced with stakeholder in April. Who would havebelieved […]


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