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Pink Home Loans says property boom not at an end

Pink Home Loans managing director Peter Presland has said he believes the property boom will continue for some time, despite interest rate changes.


He says: “Based on all the evidence, I can confidently predict continued bouyancy in the housing market with regional and local variations.”

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Scot Eq urges Government to treat decision trees with caution

Scottish Equitable has urged the Government to treat decision trees with caution.The life office warns that those for whom the decision tree is designed may not have the confidence and skill to use them effectively.Scottish Life pensions development director Stewart Ritchie says: “If an individual makes a poor decision based on information given in the […]

Barclays takes pre-emptive strike against Russian money launderers

Barclays Bank is reviewing accounts held by Russian offshore customers in a pre-emptive strike against possible money laundering.The bank is taking the action in the wake of the scandal which alleges that billions of dollars have been launder through the Bank of New York and other foreign banks.Barclays says it will review hundreds of accounts […]

Pru to review 300,000 endowment policies

The Prudential is currently in the process of reviewing 300,000 mortgage endowment policies to ensure customers are on track to repay their loans.The life office is currently unsure how many of its customers are facing a potential shortfall. But the Pru says once it has established this figure it will to write to those clients […]

NU to launch new ad series

Norwich Union is to launch a new “red braces” advertisement this time featuring children.Norwich Union chief executive for long term savings Philip Scott says: “By using children to represent the future the ad helps ram home the message that Norwich Union is a serious player in the investment world.“A lot of people used to think […]

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