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Scotland takes sixth spot in Europe

Scotland is currently the sixth largest equity management centre in Europe according to a survey by Thomson Financial Investor Relations.

Its latest &#391999 Target Cities&#39 report says Scotland experienced a 26 per cent increase in equity funds under management to $238.8bn from $188.5bn in 1998.

The latest figures sees Scotland jump above last year&#39s sixth placed city Geneva, which falls to eighth place.

In terms of world rankings Scotland is ranked in 14th place.


Virgin calls for catmarked personal pension

Virgin Direct have called on the Government to introduce a catmarked personal pension based on the catmarked Isa.The bank is calling on the Government to introduce what it says are strict standards for personal pensions immediately.Virgin Direct chief executive Rowan Gormley says: “The industry howled when Cat standards were first mooted for Isas, but now […]

Neville James highlights the benefits of selling endowments

Traded endowment policies specialist Neville James is promoting the benefits of selling endowment policies as an alternative to policy surrender.The company says policyholders can make possible gains of up to 30 per cent more by selling rather than surrendering their plans.It says recent warnings by the Institute of Actuaries about the effects of low inflation […]


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