View more on these topics

NDFA plans new income offering

NDFA is to launch a new income plan that will offer investors various payment options as well as 50 per cent downside protection.

The NDFA fixed income or growth plan launches on February 21 and will offer investors either an 8.25 per cent fixed income annually, a monthly income of 0.66 per cent or a single fixed growth payment at maturity of 45 per cent.

The plan is linked to both the FTSE 100 and Dow Jones EURO STOXX 50 and has a final maturity date of 8 May 2013.

The minimum investment is set at 7000 and the plan is available for Isa investment this year. IFA commission is 3 per cent initial.


Platform to cut 65 jobs as it restructures business

Platform is to make 65 job cuts as it makes a move to restructure its business.The lender currently has a headcount of 305 staff.Platform says its proposed structural changes to the business include the creation of a Lending Services department consisting of a mortgage processing team and a service management function.It says that its sales […]

40% of firms adopt one wrap model

Forty per cent of adviser firms are embracing a single platform rather than multiple wraps and fund supermarkets, says CWC Research.The study, conducted with BNP Paribas, reveals that 80 per cent of advisers see platforms as core to their future strategy.Senior partner Clive Waller claims the move to a one-platform model represents a huge opportunity […]

Running Buffett

Last week was eventful for me – and not just because of Warren Buffett’s offer of help to the monoline insurers. Now, there is a man who can move markets with the briefest of utterances. The billions of pounds he added to the value of securities markets worldwide by making an offer that, on reflection, was not over-generous was quite remarkable.

Exchange of fire as high loaders defend position

Leading pension providers have condemned life offices that still pay hefty initial commission on group personal pensions, claiming it is is unprofitable and unsustainable.Friends Provident’s recent decision to stop paying initial commission on new group personal pension business has left Norwich Union, Aegon, Axa and Scottish Widows as the only providers paying initial commission in […]

Leading Edge June – Investment panel debate

RLAM’s asset class specialists discuss some of the findings from the panel session at our recent Investment Conference. By Rob Williams, Head of Distribution Welcome to the latest edition of Leading Edge. It has been an eventful six months since the last e-zine. The European Central Bank announced ongoing stimulus measures, while the immigration crisis in Europe threw the […]


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