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NDF claims bond is an opportunity

NDF Administration claims its latest protected growth plan allows investors to take advantage of the plunging stockmarket.

The five-year plan offers 100 per cent of the rise of the FTSE 100 over five years and 100 per cent minimum capital repayment unless the FTSE 100 falls by more than half during the term.

If the market does fall by more than 50 per cent, which would take the FTSE 100 below the 2,000 mark, the return is reduced by 1 per cent for every 1 per cent fall in the FTSE 100.

Managing director Antony Stack says: “The market has taken a dive and staggers daily like a drunk. The protected growth plan offers an excellent opportunity for investors who are nervous about investing in equities but who do not want to miss out on the upside of the market when it bounces back.”


Advisers&#39 fears over firm&#39s closure to UK life business

IFAs have reacted with concern to the closure of R&SA&#39s UK life business, warning that other life companies will follow.Advisers say the decision to stop writing with-profits last year meant the writing was on the wall and say the closure of a household name will dent consumer confidence. They also claim the company&#39s move to […]

FSA tells public to seek advice before releasing home equity

People buying equity-release products should always seek independent advice, says FSA mortgage supremo Sarah Wilson.Head of high-street firms Wilson says when the FSA takes on its mortgage regulatory duties, there will be little reason for voluntary regulation bodies such as the MCCB and Gisc to continue.In its final mortgage regulations published last week, the Treasury […]

Treasury &#39passes buck&#39 on CP121

Mortgage brokers and lenders are calling for clarification on how CP121 will affect the industry after the Treasury said the FSA will be asked to consider the impact of the polarisation consultation.While broker club and sourcing platform Mortgage 2000 is accusing the Treasury of passing the buck, lender Future Mortgages supports the move, which it […]

Berkeley picks Burns man as new chief

National IFA and network Berkeley Berry Birch has appointed Richard Howells as new chief executive of its Berkeley Independent Advisers network.Howells, 31, joins from rival network Burns Anderson where he was group development director.He replaces current chief executive Martin Banbury, who has held the post for the last eight years. Banbury is staying on the […]

How do you choose the best online service?

By Ross Jackson, senior marketing manager There are many different protection online services available in the market and no doubt you’ll have used a few when submitting protection business. But why should you have to put up with slow, unresponsive sites for your business when you’re used to dealing with slick, modern user experiences in your […]


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