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Royal London and Mortgage 2000 link up

Royal London has chosen sourcing company Mortgage 2000 to provide an online electronic trading platform for its tied salesforce advisers as part of a strategy to offer a full range of financial products. This follows a pilot of the service in London since April. Mortgage 2000 will offer sourcing and illustration facilities and an electronic trading system dealing with a panel of 35 lenders. Royal London has also recruited 20 mortgage advisers and is recruiting more to cover the country.

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Homeowners launches equity Isa

Homeowners Investment Fund Managers is this week launching its equity ISA, allowing investors to save up to £7,000 per year tax-free.The mini ISA allows savings of £30 per month or a lump sum of £500, up to a limit of £3,000 and between £500 and £7,000 per year in the maxi ISA.The ISA invests in […]

Global GEB Mini Cash Isa 7 Year Issue 1

Wednesday, 7 August 2002 Type: Guaranteed mini cash Isa Aim: Growth linked to the performance of the FTSE 100, Nikkei 225, SMI and S&P 500 Minimum-maximum investment: £3,000 Investment choice: Deposit account Term: Seven years Guarantee: Capital returned in full at end of term regardless of movement in indices Return: 90% of average growth in […]

Treasury publishes loan regulations

The Treasury will publish its long awaited mortgage regulations this week leaving the FSA open to consult on how it implements them. The FSA has confirmed it will issue its consultation on the future of mortgage regulation next week, “assuming the Treasury regulations are actually published this week.” The regulations will be final without further […]

Closure of life arm sees 1,200 jobs axed at R&SA

Royal & Sun Alliance is axing 1,200 jobs and closing its offices in Bristol as it restructures the business following the announcement of its closure to new life and pensions business.It will continue to administer its existing life and pensions book from its Liverpool and Horsham offices.Royal & Sun Alliance UK life and pensions managing […]

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