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Partnership release

Partnership has launched an equity-release product offering enhanced rates to people with health or lifestyle factors. The enhanced lifetime mortgage product is available to property owners aged 60 and over whose property is worth at least £70,000.

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Ageas wants protection labels based on life cover

Ageas Protect is calling on protection providers to label their products according to the percentage of life cover, critical-illness and income protection elements included. Managing director Martin Werth wants the industry to develop a labelling system for protection products which will encourage consumers to take out more comprehensive cover. His idea is for all protection […]

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Graham cross

The managing director of Helm Godfrey oversaw the company’s first step into the corporate advice market and is well placed for opportunities coming up from auto-enrolment Interview by Rachael Adams

Greek finance chief replaced after new bailout

George Papandreou, the Greek president, has replaced his finance minister after agreeing a new bailout deal with the country’s partners. George Papaconstantinou will now be succeeded by Evangelos Venizelos, the former defence minister, as the IMF agrees to pay out the fifth tranche in the £95 billion bailout package. Papandreou’s reshuffle comes in a bid […]

Fidelity and Ascentric in first Swift re-reg

Fidelity FundsNetwork and Ascentric have completed the first platform-to-platform re-registrations using the Swift messaging network. The pilot comes as part of the Tax Incentivised Savings Association’s platform-to-platform re-reg initiative. A Schroders fund was transferred from Ascentric to FundsNetwork while two Schroders funds held in an Isa were transferred from FundsNetwork to Ascentric using Altus software, […]

William Littlewood “betting that QE won’t work”

Journalist Alexis Xydias interviews Artemis manager William Littlewood about his views on bond, equity and currency markets and the impact of a Greek exit from the EU. With bond yields at “ludicrous” levels, William believes a tipping point for bond markets is sure to come. As a result, his Strategic Assets Fund holds government bond shorts to the tune of 100 per […]

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