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PIA expels Nottingham adviser

The PIA has expelled IFA Bowbanks & Field of High Street, Hucknall, Nottingham for failing to be fit and proper to conduct investment business. The move comes after its sole director and regis-tered principal Graham Field pleaded guilty at Nottingham Crown Court to perverting the course of justice and obtaining money by deception. He was sentenced to four months&#39 imprisonment in January.


Exclusive Connections climbs discount steps

Exclusive Connections has designed a four-year stepped discounted-rate mortgage for all borrowers, including the self-employed and first-time buyers.The mortgage is available for loans of up to 95 per cent of valuation and there is no arrangement fee. It offers a 2.5 per cent discount in the first year which gives a current payable rate of […]

Aberdeen finds VCT opportunity

Aberdeen Murray Johnstone Private Equity has introduced the Aberdeen growth opportunities venture capital trust (VCT).This VCT aims for long-term capital growth by investing mainly in unquoted smaller companies in the UK. It consists of around 30 holdings that cut across a wide range of sectors.When deciding which companies to invest in, the fund manager will […]

Teather & Greenwood – TGIM UK Equity Growth

Wednesday, 26 September 2001.Type: Oeic.Aim: Growth by investing in UK equities listed in the FSTE all-shareindex.Minimum investment: Lump sum £500, monthly £50.Investment split: 100 per cent UK equities listed in the FTSE all-shareindex.Isa link: Yes.Pep transfers: Yes.Charges: Initial 5 per cent, annual up to 1.9 per cent.Commision: Choice of initial 3 per cent or initial […]


Should recognised professional bodies continue to get trail commission after N2 even though they will no longer be authorised to provide advice? “Yes. When I retire, I will no longer be authorised but I would like to still receive trail commission.” Michael Littlefield, Michael Littlefield & Associates“No. If they are not giving advice, why should […]


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