Royal & Sun Alliance International Financial Services has added three funds to its range of mirror funds. They are Edinburgh Fund Managers US and UK Safety First funds and Investec Guinness Flight's new Wired Index fund. All three will be available from September 7.
Barclays is launching a base rate tracker mortgage with rates starting at 5.75 per cent.The bank says rates on the mortgage will be only one per cent above the Barclays base rate which normally tracks the Bank of England base rate.The bank is offering four mortgages pegged to between 0.75 and 0.99 per cent above […]
Birmingham Midshires is launching a new fixed interest account known as the Quantum Fixed Account.The two-year version pays 6.10 per cent on a minimum investment of £2,500 with a rate for monthly income of 5.85 per cent.The four-year option pays 6.75 per cent on the minimum £2,500 with a montly income rate of 6.5 per […]
Bradford & Bingley is searching for a new finance director following the surprise announcement that current incumbent John Smith is retiring. Smith, 53, has rocked the society, which is in the middle of a conversion attempt, with his decision to take early retirement. He has been finance director for 10 years and has agreed to […]
Norwich Union has launched a revised version of its long-term care plan after negotiating a tax saving with the Inland Revenue. The deal, originally revealed by MM in February, means that income from the "immediate care plan" annuity is paid direct to the care home instead of the policy holder with a resulting tax saving […]
Welcome to the latest update for The Brunner Investment Trust PLC from the Trust’s portfolio manager, Lucy Macdonald.
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Offsetting the cost of advice this way would benefit clients and advisers alike One of the multiple barriers to better take-up of financial advice is that some people are unwilling or unable to meet the upfront cost. In response to this, the government has allowed people to take small chunks (three lots of £500) out […]
Fund managers like to trade off having a unique style. There thousands of funds out there to choose from – the question I often hear from advisers is: what makes this person different? Sometimes this can be a really tough one to answer. “We invest for the long term” is all fine and good, but […]
With rising costs and an increasingly tough regulatory market more advisers are looking to outsource their investment proposition, with many leaning towards discretionary fund managers. But while the number of advisers using DFMs is on the up, overall satisfaction with them has dipped. According to a recent survey by financial information firm Defaqto, 74 per […]