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No walk in the park

Clerical Medical Internatio-nal has donned its walking shoes in the recent Isle of Man Parish Walk. The event raised money for charities as seasoned walkers and prof-essionals set about the 85-mile route, starting from Douglas, and took in a scenic tour of the sights of 17 par-ishes across the Isle of Man.

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Judge in referral fees clash with OFT

The Master of the Rolls and OFT are at loggerheads over referral fees to organisations, including mortgage firms, with the senior judge branding them “a mistake”. Master of the Rolls Lord Phillips of Worth Matravers (above) says referral fees paid by solicitors to IFAs and brokers could poten- tially damage the profession’s independence and integrity. […]

Property flourishes in Hotbed

Private investor network Hotbed claims it has achieved returns of 30 and 84 per cent by selling two commercial property investments. Hotbed raised 6.15m for a warehouse in Milton Key- nes that it bought for 4.7m in June 2004 and 4.5m for a shopping centre in West Norfolk after buying it for 2.45m two years […]

L&G puts deferred Sipp at forefront of new suite

Legal & General is introducing a deferred Sipp and doubling commission on regular-premium business as part of a relaunch of its individual pension suite. A single tiered charging and commission structure will be introduced across its range. In a bid to bring in more attractive individual pension business, the minimum regular contributions to get commission […]

Woolwich goes for minimum return

Woolwich Plan Managers has established the capital plus plan issue 8 a guaranteed equity bond which offers a minimum return of 22.5 per cent plus the original capital at the end of the term regardless of the performance of the FTSE 100 index.

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