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Neville James appoints investment director

Traded endowment policy specialists Neville James have appointed Peter Mason as investment director and actuary.

Mason joins the Tep market maker from Guardian Royal Exchange where he held several senior positions including directorships.

Mason is also a non-executive director of the Countrywide Assured Group.

In his new role he will be responsible for all aspects of investment management and advice including strategy, valuation and new product research and development.

Neville James marketing manager Helen Langton says: &#34We value Peter&#39s long experience of working directly within the insurance industry and are confident that he will be invaluable to the business.

&#34He brings with him a range of very specialist skills which will enhance our competitive edge as Tep market makers.&#34


DBS to invest £1m in the internet

DBS is planning to invest £1m into its AssureWeb internet service according to reports in today&#39s Financial Times.The report says the service run by its internet business AssureSoft will be offering a quotation service from 10 insurance companies by the end of the year to DBS&#39 members.Another nine companies are set to follow.The news follows […]

Colonial offers two base rate tracking mortgages

Colonial has launched two base rate tracker mortgages.The first version is aimed at remortgages, while the second is designed for new purchases.Version one offers borrowers a rate set at 0.9 per cent above the Bank of England. But this is discounted by 0.75 per cent for the first 12 months of the loan giving a […]

Scottish Life&#39s Profitbuilder (inserted 6/8/99)

PROFITBUILDERType: Low cost endowment.Addition: Mortgage interest cover – pays mortgage interest in the event of accident or sickness. Mortgage Payment Proection Insurance – pays mortgage interest for up to 12 months in the even of accident, sickness or unemployment. Introduction of premium holiday facility. Introduction of Accelerator Option which allows policyholder to increase premiums by […]

Barclays launches offshore guaranteed bond

Barclays Bank is launching a guaranteed stockmarket bond aimed at non-UK residents.The Guaranteed Stock Market Bond (issue three) guarantees to return 100 per cent of the initial investment plus 60 per cent of any stockmarket growth in the Eurotop 100 Index after three and a half years.The bond is denominated in either US dollars or […]


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