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New telephone account from Chelsea

Chelsea Building Society is launching a telephone based investment account paying a variable interest rate, currently 5 per cent gross a year.

The interest on the Call-Direct Advantage Account is guaranteed not to fall more than 0.25 per cent below the Bank of England base rate before January 2003.

The minimum investment is £2,500, and no interest is paid for periods when the account balance falls below that figure.


Portfolio services first on IFA web lists

Portfolio management services are the most important feature that advisersrequire from a website, according to survey by IFA portal Assuresoft. The research shows that 74 per cent of IFAs wanted to give their clientsaccess to their personal financial portfolio online, with the majority offirms seeing interactive stockbroking as an essential supplement to aportfolio management tool. […]


IFAs are increasingly asking me how they should differentiate between themany technology suppliers that are operating in our marketplace. Quality ofproduct is an obvious factor. IFAs need to be using proven products andservices that exactly match their needs and add value to their business. However, there are many marketing buzzwords such as portal, CRM and […]

RLAM poaches Gartmore head of UK equities

Royal London Asset Management has appointed Andrew Carter as its new chief investment officer.Carter, who will join RLAM in September, leaves Gartmore, where he was head of UK equities and a member of its investment executive committee.He has been at Gartmore for 14 years and head of its UK equities team since 1999.

Barclays split offshore account

Barclays Private Clients is offering a high interest offshore savings account that is linked to the stockmarket.The high interest index linked deposit account is aimed at investors looking for high interest and capital growth and the security of a capital protected investment.The account has two elements — a high interest savings account and an index-linked […]

Where next for the price of oil?

Having stabilised at around $65 a barrel, many investors are questioning if the price of oil will rise, and when. Richard Hulf provides his view. Richard Hulf, manager of the Artemis Global Energy Fund, sets out his thoughts about how the oil price may move through the next six months. At the start of the […]


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