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New Star appoints Dossett to manage property portfolio

New Star is appointing former Estates & General managing director Roger Dossett to manage the property portfolio of its property unit trust.

New Star expects Dossett to take over the running of the property portfolio from Capital & Counties later this year. At the same time New Star UK growth fund manager Stephen Whittaker will take over the management of the property unit trust&#39s equity portfolio. Money Marketing apologises for any confusion in last week&#39s reporting of this story.


Pru in £1.5m push for smoothed plan

Prudential is launching a £1.5m marketing campaign to convince consumers to switch to its smoothed investment plan rather than keeping their money in cash. The firm says its PruFund investment plan – first revealed in Money Marketing earlier this month – will target the £107bn which Prudential bel-ieves consumers have tucked away in deposit accounts. […]

Pender joins Paymentshield after MBO

The management team of protection and general insurance provider Paymentshield have completed a management buyout of the company&#39s founder shareholders. Former Bankhall commercial director Stuart Pender is joining Paymentshield to lead the buyout team as chief executive of the holding company. The buyout team also includes marketing director Gareth Riding, chief executive Paul Evans and […]

Bloom or doom?

It is thought that many lenders will restrict access to their products to tied brokers and big networks. Do you think this will happen? What will be the effect on small brokers? Mountney: This has yet to ratified and frankly it would be a dangerous game for a lender to play. At this stage, we […]

Old Mutual Asset Management – Old Mutual Dynamic Bond Fund

Type: Unit trust Aim: Income and growth by investing in fixed-interest securities Minimum investment: Lump sum £1,000, monthly £250 Investment split: 100% in fixed-interest securities Isa link: Yes Pep transfers: Yes: Charges: Initial 3.5%, annual 1.25% Commission: Initial up to 3%, renewal up to 0.5% Tel: 0808 100 2715

Canada Life annual IHT survey results

75% of wealthy unaware of new residence nil rate band IHT allowance Just 4% were aware the new allowance will be up to £175,000 per individual Lack of awareness of IHT rules means families risk paying a bigger bill than they need 83% think the current inheritance tax rules are far too complex A remarkable […]


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