View more on these topics

Scottish Widows Bank reduces home equity loan interest rates

Scottish Widows Bank, the telephone based mortgage and deposits bank has reduced the interest rate on its Home Equity Loan from 7.29 per cent to 6.89 per cent from October 1.

The home equity loan allows home owners over 60 to release capital tied up in their home. This is a fixed rate for the full period of the loan ad borrowers have the option of paying the interest or allowing it to roll up against the value of the property.

Scottish Widows managing director Graeme Hartop says: “As we move towards regulation I believe confidence in this market will continue to grow.”

Recommended

West Bromwich Building Society – Fixed Flexi Mortgage

Type: Flexible fixed-rate mortgage Fixed term: Two years Fixed rate: 5.65% Minimum loan: £25,001 Maximum loan: Up to 95% of valuation subject to a maximum of £500,000 Income multiples: Up to 3.75 times principal income plus second or three times joint Conditions: Capital repayments of up to 10% a year allowed without penalty, six months&#39 […]

AITC tells all trusts to be explicit on gearing

Investment trust boards have been told by the AITC to go public on their gearing policy to end friction in the marketplace. The AITC has written to members asking them to clarify levels of gearing in each trust. Under FSA rules published one year ago, boards have to fully disclose investment trusts with significant levels […]

Rensburg Investment Management – Rensburg VCT

Type: Venture capital trust Aim: Income and growth by investing mainly in companies listed on Aim Minimum investment: Lump sum £3,000 Closing date: April 5, 2005 Charges: Initial up to 4.5%, annual 2% Commission: Initial up to 3% Tel: 0113 245 4488

Ruffer hits £1bn mark

Investment manager Ruffer has reached £1bn funds under management.The discretionary portfolio management service for private clients, trusts and pension funds topped the £1bn marker in its 10th anniversary year.It has an absolute return investment style and has attracted business from quasi-institutional clients.

Guide

Guide: what you need to consider for your auto-enrolment project

In this guide, Johnson Fleming reveals what items you need to understand to gauge the impact of auto-enrolment on your business. The guide focuses on: the impact that your auto-enrolment scheme will have on you; assessing your workforce; understanding your staging date; reviewing your current provision; and modelling contribution levels and costs.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com