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PIA revokes firm&#39s suspension over PI

The PIA has revoked the suspension of IFA Blenheim Financial Services of

Bidmead, Gloucestershire. The firm had been forced to cease conducting

investment business regulated by the PIA because it had failed to renew its

PI cover. The PIA has suspended 16 firms for failing to renew their PI

cover so far this year.

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Henderson predicts upturn in US by end of year

The US economy will begin to recover in the second half of this year, with Europe and Japan following in early 2002, according to Henderson Global Investors.The company&#39s analysts say that although the US, Japanese and European industrial sectors are experiencing their first synchronised downturn since 1982, it will stop short of global recession.Henderson&#39s technology […]

Scottish Mutual looks at the classic flexible way

Scottish Mutual has introduced the classic flexible trustee investment plan.The plan is aimed at three groups of pension investors. The first are trustees of pension funds and self-invested pension plans. The second are those people who manage their own pensions. Thirdly, it is also aimed at people who are looking to diversify an existing pension […]

New telephone account from Chelsea

Chelsea Building Society is launching a telephone based investment account paying a variable interest rate, currently 5 per cent gross a year.The interest on the Call-Direct Advantage Account is guaranteed not to fall more than 0.25 per cent below the Bank of England base rate before January 2003. The minimum investment is £2,500, and no […]

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LM Financial pursues Bermudan dream

IFA firm LM Financial are pursuing a Bermudan dream as part of funding drive to raise capital for a Brit flick which it hopes will deliver clients onshore tax-breaks . LM marketing manager Tony Wright-Jones is flying out to the island paradise following a shortage in supply of suitable British film projects which qualify as […]

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