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Regulator confirms Lambeth/Portman merger

The Financial Services Authority has ratified the merger of the Lambeth Building Society with the Portman Building Society.

The merged society will remain a mutual and will run under the name Portman Building Society from the end of Setpember.

Lambeth chief executive Chris Radford said in May: “The Lambeth is a strong business that offers excellent products and service to its members and this merger means they can look forward to continued value in the future.

Our merger brings together two first class organisations and means our members and staff can look forward to the future with the confidence that belonging to a larger group offers.


Royal London wants life of Riley for IFAs

Royal London is setting up its first retail investment plan aimed at the IFA market. The product, called Riley, aims to offer investors access to stockmarket gains through either active or passive investment strategies, with a variable amount of capital protection built in. The capital protection element is provided by putting some of the investment […]

Worth the weight

With September upon us and the holiday season drawing to a close, it makes sense to endeavour to determine what investment themes might take us into the autumn.


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