View more on these topics

Network Data in administration

Network Data Holdings has announced to the London Stock Exchange that it has gone into administration

The network, which had its permission revoked by the FSA in April, will now begin to be wound down by Baker Tilly, its appointed administrator.

The Network Data Holdings group owns Network Data and also the Mortgage Broking Solutions Limited network. Network Data was the UK’s largest mortgage-only network with around 380 appointed representatives.

Last week the group sold its IT proposition to Evaluate Technologies, and has been attempting to sell its mansion headquarters for £5m since October 2008. It currently has debts of £4.99m after the collapse of its Home Information Pack proposition, Hipstar.


Manager focus: Peter G᤬

The first investments of a fund are crucial for long-term performance, says Peter G᤬, the manager of the newly launched Nucleus Assurance fund 1. G᤬ says that there is no shortage of opportunities in the European insurance sector as liquidity is still limited. The asset manager says the Luxembourg-domiciled Sicav is designed to benefit from […]

Positive feedback

There is an ongoing misconception that the consumer media are less supportive of IFAs than they might be. In fact, it is fair to say that IFAs enjoy unrivaled support in the consumer personal finance arena. A quick look at’s Blue Book goes some way to underline just how supportive both groups are for each other.


News and expert analysis straight to your inbox

Sign up


    Leave a comment