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Network firms&#39 internet interest fades

Network members are losing interest in the internet according to the latest survey from Henry Samuels Marketing Services. The survey of 461 advisers shows the number of firms with a website has fallen to 40 per cent from a peak of 48 per cent recorded last year. Very few members use their website as a means of selling their services and over the past three years, not more than 6 per cent of network members claim to have used the internet as a means of selling.


&#39Focus on planning and delegate fund selection&#39

Independent insurance analyst Ned Cazalet believes the time has never been better for giving independent advice. In his Life 2003 report, Cazalet says an increasingly older and wealthier population means that, despite difficulties such as increasing regulatory costs and falling commission levels, there are great opportunities for IFAs. However, he says many IFAs have been […]

Legal & General – Distribution Trust

Type: Unit trust Aim: Income and growth by investing in corporate bonds and equities Minimum investment: Lump sum £500, monthly £25 Investment split: Investment-grade corporate bonds 54%, high-yield bonds 15%, UK equities 30%, cash 1% Isa link: Yes Pep transfers: Yes Yield: 4.9% Commission: Initial 5% Charges: Initial 5%, annual 1.25% Special offer: Initial charge […]


Do you support FSA plans to levy regulatory fees on IFAs based on turnover rather than the current system of number of RIs? “It depends on the figure, if it&#39s cheaper then I would support it.” Eric Rushton,Powsney & Co“In principle, I do support it but it depends on the structure and how it will […]

TV controversy brings surge of self-cert interest

Birmingham Midshires has seen an increase in self-cert enquiries after a recent BBC programme showed its brokers encouraging clients to falsify their incomes on applications. Midshires, which has suspended self-cert from its branches, says the programme has made borrowers more aware that self-cert is an option. The HBOS subsidiary is thought to be unlikely to […]


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