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Scot Mutual combines Isa with shares

Scottish Mutual is offering an income and growth plan which combines an

Isa with direct share investment. The single-premium plan buys shares in

Dublin-based investment company Census Investments 24, which invests in 32

stocks from the FTSE 100 index. Return on capital depends on the

performance of the 32 stocks. Investors can have a fixed annual income of

10 per cent, quarterly income of 2.4 per cent or growth of 31 per cent. The

term is three years and two months. Commission is 3 per cent.


Economist Julius seizes on Treasury over the gaps in mortgage regulation

A Government-backed report written by a leading economist has slammed theTreasury&#39s decision not to regulate mortgage advice as a failure to protectconsumers. The report, issued this week by the Banking Services Consumer Codes ReviewGroup led by Bank of England economist DeAnne Julius, blasts the proposedstatutory framework for failing to plug regulatory gaps. Stating that advice […]

New mortgage network launched

A new mortgage network, Mortgage Promotions, is being launched for all Mortgage Code Compliance Board regulated mortgage advisers.Mortgage Promotions is offering free membership to IFAs, tied agents, mortgage brokers, accountants, estate agents and solicitors and people can retain existing membership of other networks, clubs and groupings.Mortgage Promotions says members have the opportunity to earn fees […]

Kempster back at Pru as IFA head

Former DBS chief executive Tony Kempster is rejoining Prudential in thenew role of distribution director for its intermediary business.The reorganisation, driven by Scottish Amicable chief executive Kim LercheThomsen, is set to leave current group sales director John Cowan without arole. Other senior positions are expected to be scrapped.Kempster will head Scottish Amicable Financial Services, Pru&#39s […]

Hewitt blocks Lloyds TSB bid for Abbey

Lloyds TSB&#39s £18bn bid for Abbey National has been blocked by Tradeand Industry Secretary Patricia Hewitt for being against the publicinterest. The takeover was stopped after Hewitt accepted the conclusions ofthe Competition Commission which feared the merger would lead to higherprices and reduced innovation in the current account market.

How can I help develop my professional connections?

Graeme Ballantyne, business consultancy manager, looks at how you can maximise the opportunities through your professional connections As we move through the summer months it’s perhaps a good time to pause and reflect on whether the plans you’ve made for your business are bearing fruit. One area we at PruConsulting know many advisers have been […]


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