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Select & Protect receives its MTA letter

Select & Protect receives its MTA letter from the FSA. Select chief executive Simon Hood says: “We will shortly be announcing details of our regulated offering for brokers and advisers who are to be directly authorised by the FSA. This will include enhanced commissions, full compliance support, competitively rated range of products and a comprehensive training programme.”

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August house prices fall

House prices fell by 0.6 per cent in August according to the latest house price survey from HBOS. The sharp drop in mortgage approvals in July is consistent with house price inflation in the 10 per cent and 15 per cent area. The Halifax says although it expects house price inflation to slow, the property […]

Isis Asset Management – Baronsmead VCT2 C Shares

Type: Venture capital trust Aim: Growth by investing in established unquoted UK companies Minimum investment: Lump sum £3,000 Closing date: January 28, 2005 Special offer: Extra 1% allocation of shares Offer period: Until October 15, 2004 Charges: Initial 5%, annual 2% Commission: Initial 3% Tel: 0845 799 2299

Genesis adds affiliate status

Genesis has extended its franchise and license proposition to include affiliate status for smaller networks. As an affiliate, a smaller network can continue to manage a network of brokers, whilst receiving regulatory support from Genesis. The scheme is designed to appeal to small networks who do not have the financial resources or compliance to support […]

What exactly is product innovation?

By Fiona Tait, Pensions Specialist Ros Altmann reportedly hoped for more product innovation following pension freedom¹ and, according to one poll, 66 per cent of advisers also believe that providers should be doing more². This article considers whether there is a real client need for new products, or whether we should be focusing our attention on efficient delivery […]

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