Rates on National Savings and Investments’ next issue of children’s bonus bonds is dropping from 4.45 to 4 per cent.
The rate on the next tranche, launching on 1 February, reflects continued weakness in the gilt market. The rates had previously been at 4.45 per cent since August.
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Cheltenham & Gloucester – Two Year Premium Fixed Rate Mortgage
Cheltenham & Gloucester
Two Year Premium Fixed Rate Mortgage
Missing link
Anne Robinson must be quaking in her knee-high boots as Tracey Cavanagh, business development manager at mortgage packager Zebra Homeloans, squares up for the Weakest Link Challenge. Cavanagh has gone through the trial stages and will be appearing on the show next week. Let us hope she has packaged all her general knowledge and won’t […]
Product matters
Demand for venture capital trusts isstarting to soar.Sales have topped £160m, having more than doubled over the last two months. There are over 30 VCT promoters and managers vying for investors’ money.The gulf between the best and worst-performing VCTs is wide so investors need to be careful. Pennine Aim VCT 5 merits serious consideration. The […]
Core Investec funds with Selestia doubled
Investec Asset Management have doubled the number of funds available on the Selestia platform, increasing the list to 14.The new funds available include the top-selling Investec managed distribution fund and the recently introduced Investec global energy fund. Other new funds include Investec monthly global equity, global technology, monthly high income and UK blue chip.Investec joint […]
Burnett: what needs to happen for value to start performing again?
Value stocks have significantly underperformed growth stocks in Europe in the past decade. However, Rob Burnett, manager of the Neptune European Opportunities Fund, believes we are now approaching an inflection point. Watch the video below to find out more. In the video, Rob discusses: How low inflation and loose monetary policy since the global financial […]
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Fund managers cut London hiring by half since Brexit vote
Fund managers in London have slashed their hiring by nearly half since the Brexit vote, while recruitment in Paris and Luxembourg has risen, according to new data. A Financial Times report says data from professional networking site LinkedIn shows the number of London-based investment management job ads posted on its site fell in the first […]
Fairstone acquires Southampton-based IFA
Sims Financial Planning has become the third adviser acquisition this year for consolidator Fairstone. Three staff will join Fairstone, bringing funds under management to more than £90m along with total fee income of almost £500,000. Sims is the latest firm to be fully acquired by Fairstone after joining its downstream buyout programme in July 2015. […]
Aim-listed adviser scoops another acquisition
Aim-listed advice and investment firm Harwood Wealth Management has continued its run of acquisitions with a deal to buy an Ascot-based retirement advice specialist. Harwood has acquired the assets of Plan65 for up to £1.56m depending on performance, with an initial payment of £810,000 coming out of Harwood’s existing cash reserve and the rest of […]
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