View more on these topics

ONS maintains Q2 growth at 0.2 per cent

The Office for National Statistics has left its second quarter GDP estimate unrevised at 0.2 per cent.

Figures published by the ONS show growth was affected by a number of special factors including the royal wedding, an additional public holiday in April and the effects of the Japanese tsunami.

The office has maintained all the individual sector contributions to GDP at the levels reported last month. Total production output decreased by 1.6 per cent in the second quarter, while agriculture, forestry and fishing output fell by 1.3 per cent.

Positive contributions were made by services, where output increased by 0.5 per cent, and construction’s 0.5 per cent growth.


Ascentric founder Fordham launches wrap platform

Ascentric joint founder Michael Fordham has launched a new platform for advisers with both UK and ex-pat clients. Platform One is aimed at top tier adviser firms and multiple family offices and has a UK and international offering. The platform white-labels Royal London’s Investment Funds Direct Limited platform and requires a minimum investment of £250,000.The […]

Rock and rollover

The European Union bailout has not changed our stance on the financials sector in Europe. Lower interest rates and extended maturities of loans to Greece, Ireland and Portugal are positive developments but there are some elements of the package that we view as negative. In addition to cheaper funding for Greece, Ireland and Portugal, the […]

MetLife plans move into Jersey

MetLife has appointed Paul Frankland as sales development manager as part of its plans to expand its product range into Jersey. Frankland joins MetLife from Aviva and has worked in Jersey for the past 17 years in financial services. His role will be focused on business development and relationship management, involving key IFAs and banks […]

Buffett buys $5 billion Bank of America stake

Billionaire investor Warren Buffett will take a $5 billion stake in Bank of America in a private offering. A statement sent to Business Wire today says Buffett’s Berkshire Hathaway will purchase 50,000 shares of cumulative perpetual preferred stock with a liquidation value of $100,000 per share. A dividend of 6 per cent per year will […]

Naming a reward programme

Six tips to get your reward programme name right

by Debra Corey, group reward director  Choosing a name isn’t easy. Whether it’s for your new puppy, a bundle of joy or your reward programme, a name determines a first impression – and often a lasting memory. When it comes to your reward programme, the name will determine how your employees feel about it even before […]


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 thought leadership.

    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