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Networks give help with multi-managers

Tenet&#39s M&E and Interdependence networks are organising a drive to help members use multi-managers. Scottish Widows, Skandia Investment Management and Abbey are working with the networks to share their expertise and resources.

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Cofunds considers charging investors

Fund supermarket Cofunds is understood to be investigating the possibility of charging clients a fee for every Isa, Pep or fund falling below a fixed-size ceiling. The supermarket, which earlier this month posted losses of £23.8m for 2002, is reckoned to be considering charging investors £40 for each product below the ceiling, thought to be […]

Southern Pacific rides the sub-prime wave

Sub-prime specialist lender Southern Pacific Mortgage is set to introduce a light adverse mortgage, believing the market has huge potential. The new product will be rolled out on December 1 and director of credit Stuart Aitken expects large amounts of interest. He predicts it could eventually account for up to 25 per cent of SPML&#39s […]

First Ailo full-time chief exec

Ailo has appointed its first full-time chief executive in a bid to breathe new life into the organisation and boost its lobbying power. Stuart Fairclough is taking on the new role with a brief to increase the offshore life industry&#39s profile in the IFA market as well as with industry bodies and regulators. He will […]

Woolwich maximises returns

Woolwich Plan Managers has established the premium protected growth plan, a guaranteed equity bond that provides a minimum return of investors&#39 original capital after five years and six months. The bond is linked to the FTSE 100 index and investors will also receive 100 per cent of any increase in the index at maturity.To calculate […]

NATIXIS PORTFOLIO CLARITY – UK Portfolio Barometer

Natixis Global Asset Management’s quarterly Portfolio Barometer offers insights into UK financial advisers’ model portfolios and the allocation decisions they are making. Natixis’s Portfolio Research & Consulting Group works with financial advisers and other intermediaries to analyse and enhance their model portfolios and help them develop investor portfolios suited to today’s complex markets. The Portfolio […]

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