View more on these topics

Scot Prov members say yes to Abbey

Scottish Provident members voted yes to plans to demutualise and transfer business to Abbey National at yesterday&#39s extraordinary general meeting.

Subject to independent verification of the votes cast by members at the EGM Scottish Provident says it is already clear from the proxy votes received that in excess of 97 per cent of votes cast were in favour of the proposals.

The proposals to demutualise and be taken over by Abbey National required over 75 per cent of those members who voted in person or in proxy to vote in favour.

Scottish Provident says a second EGM is being held on June 29 to confirm the results of yesterday&#39s meeting.


Inter-Alliance in revamp of MyNetWorth

National IFA Inter-Alliance is relaunching its MyNetWorth wealth management service as part of its continuing programme of improvements. The IFA says MyNetWorth, designed to give clients one central online point where they can access up-to-date information on all their personal finances, has been revamped to increase the speed and efficiency of the service. The first […]

The ins and outs of contracting

Contracting out is a risky business these days. So too is contracting in and remaining in Serps or its replacement, the state second pension. But there are things we can do that will help customers to understand the risks they face. Re-educating them will be an important first step, particularly if they have been contracted […]

Paragon pulls plug on retail mortgages

Paragon Mortgages is pulling out of the retail market because it fears relaxed lending criteria has rendered this type of mortgage business too risky. Paragon claims strong market demand for mortgages with high income multiples and high LTV are making it hazardous for lenders to continue selling mortgages at tight margins. It plans to concentrate […]

Ethical VCT first

I feel I must drop you a line to correct an inaccuracy in an article in the May 10 issue. It states: &#39The launch of the first socially responsible VCT is one option which the fund manager is seriously considering.” For the record, Downing Corporate Finance has beaten Friends because we launched the Pennine Downing […]

Looking back at 2015

By Fiona Tait, Pensions Specialist 2015 was quite a year for pensions. Change, more change, and proposed changes to the changes. The Spring Budget – pre-election plans With everything that has happened since, it is hard to remember what happened in March. Following on from the bombshell of the 2014 Budget, the Chancellor confined himself […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm