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New Star fund opens to retail investors

New Star has opened its international property fund to retail investors. The fund will offer a 1 per cent discount on the initial charge for all lump-sum investments during the offer period of May 14-June 4, with a fixed price of 50p per unit during the retail offer period, priced daily after the offer period ends.


Hargreaves Lansdown wants Omo as default

Hargreaves Lansdown is urging the Government to make the open market option the default option for annuity sales to stop customers ending up in second rate products.In its response to the Government’s Omo review, introduced alongside the national pension savings scheme reforms, Hargreaves Lansdown calls for zero tolerance on transfer delays with a system of […]

Practitioner panel warns FSA about effect of too many reviews

The Financial Services Practitioner Panel has urged the FSA to consider the impact on retail firms of the number of reviews, projects and thematic initiatives it conducts.Speaking on the release of the FSPP’s annual report , chairman Roy Leighton says the FSA needed take into account the industry impact of so many initiatives especially as […]


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