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Positive move on corporate strategy

IFA network Positive Solutions has appointed international investment bank

NM Rothschild & Sons to advise on corporate strategy. Positive Solutions

says the move comes at a time when it is confident of achieving its

ambition to become a major force among networks. It has 350 RIs and a

projected turnover of £15m for the current year.


Charitable drive targets advisers

IFAs are the target of a new campaign encouraging people to maketax-efficient donations to charity as part of their financial planning. The independent Giving Campaign was launched last week with support fromthe Government and the voluntary sector. It hopes to boost charitable donations by at least £500m over thenext three years. Total donations in 2000 […]

Halifax rate rise rattles remortgage market

Halifax has effectively pulled out of the remortgage market by drasticallybumping up its fixed and discount rates in a move echoing that of rivalNationwide. Halifax, the UK&#39s biggest lender, has heaped increases of nearly 0.5 percent on its flagship remortgage products this week, which leaves IFAs withno option but to recommend deals of more competitive […]

TD Waterhouse launches fund supermarket

US financial services giant TD Waterhouse has launched an execution only fund supermarket, offering 380 funds from 19 providers.TD Waterhouse has also launched six new no-load funds, which will be distributed through the platform.The other providers include Fidelity, Gartmore, Invesco Perpetual, Schroders, M&G, Jupiter and Threadneedle.

Abbey National pays £26m in merger advisory fees

Abbey National has faced costs of £26m as a result of its ill-fated merger attempt with the Bank of Scotland and its defence against Lloyds&#39 attempted hostile takeover.The £26m in advisory fees have been called a reasonable estimate by chief executive Ian Harley who says the costs are equally divided between the two bids.Despite, its […]

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 […]


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