Scot Life ups allocation rate on 25-year endowment plans

Northern Venture Managers is launching a second venture capital unit trust fund that is aiming to raise £25m.The Northern 2 VCT trust will be listed on the London Stock Exchange. The offer period for tax year 1998/99 will remain open until April 5 and until April 12 for tax year 1999/2000.The minimum investment is £5,000, […]

Verso is launching a self certification mortgage which will allow borrowers to remortgage and raise up to £200,000 for their companies.The intermediary arm of Britannia Building Society is launching the Verso Self Cert Mortgage at 5.98 per cent fixed for either two or five years.If funds are being raised for business purposes a fixed-rate of […]

The Tories plan to take the Government to task for its confused pensions policy in a Opposition day debate in the Commons this afternoon.Shadow Social Security Secretary Iain Duncan Smith will hit out at the disagreements between the Treasury and Department of Social Security over stakeholder.They will also crank up their attack on the abolition […]

Friends Ivory & Sime fund manager Mark Phillips has joined Scottish Equitable Asset Management to become investment manager of UK managed funds. SEAMs head of European equities Peter Hadden has taken up the new position of international business development manger and has been replaced by Mark Peden.