View more on these topics

Northern Rock issues fifth guaranteed bond

Northern Rock is launching a guaranteed equity bond linked to the FTSE 100.

The guaranteed equity bond issue 5 offers investors returns equivalent to 90 per cent of the percentage rise in the FTSE 100 over three years or 115 per cent over five years, depending on the option chosen.

The minimum investment is £5,000 and the maximum is £2m. All deposits must be received by September 16.


Aifa to lobby on protection regime

Aifa director general Paul Smee is planning to lobby the FSA and the Treasury to ensure the regime being designed by the FSA for the protection market is proportionate. It has formed a protection working party of providers and intermediaries, which will be keeping a watching brief on the FSA as it prepares for the […]

Packager AToM announces application for principal status

Distribution and packaging specialist All Types of Mortgages has announced that it will apply for principal status under mortgage regulation. It is also launching into lifetime mortgages. The company says it is different from the multitude of others who have announced they will take principal status because it is reinforcing that there is no need […]

Double hit for Xmas as L&G fund charge to rise by 50%

Legal & General is set to hit investors in its £1bn fixed-interest fund with a double whammy this December when it hikes its income-deducted annual management charge by 50 per cent. It is warning IFAs it is raising the charge to 0.75 per cent from 0.5 per cent in a bid to cover the cost […]

Outside edge

For many years, the defined-benefit scheme has been recognised as the Rolls-Royce of pension plans. Sadly, that is no longer the case. Earlier this year, I took part in a TV programme which examined the state of the pension crisis in the UK. During one of the lengthy breaks between filming, I had the pleasure […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm