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Repo numbers fall

New repossessions in the fourth quarter last year fell to 11,800, the lowest level since the second quarter 2008, according to the FSA.

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Avalon looks at offering two plans using Mip structure

Avalon is considering launching an offshore bond and insurance policy on its platform similar to a maximum investment plan. Director Harry Kerr says the firm has been considering the two products for six months although it is yet to confirm a launch date. He says the insurance policy will resemble a Mip and its underwriting […]

Lloyds offers chance to overpay without penalty

Lloyds Banking Group is offering all borrowers on variablerate deals the opportunity to make overpayments of up to 20 per cent on their ortgagewithout penalty. The company says the scheme which runs from now until March 31, 2011, will allow clients who can make higher monthly repayments the opportunity to take advantage of the current […]

The Merchants Trust PLC – April 2017

Welcome to the latest update for The Merchants Trust PLC from the Trust’s portfolio manager, Simon Gergel. Portfolio Review The Merchants Trust reported results this month and the directors were pleased to announce a 35th consecutive year of dividend growth (subject to shareholder approval at the AGM). The Company is proud to be highlighted as […]

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