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Sesame urges early move on GI

Sesame is encouraging advisers to sign up to general insurance compliance systems at the same time as mortgage compliance. Mortgage regulation begins on October 31 this year and general insurance regulation starts on January 14, 2005

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Woolwich and Morley link to offer global bond

Woolwich Plan Managers has teamed up with Mor-ley Fund Management to launch a global distrib-ution bond. The companies have designed the fund to deliver a stable and high level of income. The fund aims to offer a gross income of 7 per cent a year or 2.5 per cent above the Bank of Eng-land base […]

Abbey grows again

Abbey for Intermediaries is offering IFAs and their clients a second issue of the Abbey growth options plan. This is a guaranteed equity bond linked to the performance of the FTSE 100 index for a six-year term. It has two options that investors can choose. Under option one, investors get all the average growth in […]

Britannic profits edge up to £41m

Britannic Group has recorded profits of £41m before tax for the first half of 2004, up by 6 per cent from £38m in the same period in 2003. Continued focus on capital management has resulted in £374m in capital resources, an increase from £331m in 2003. In excess of £170bn of assets already reside in […]

Ellis plea for providers to aid IFAs on FSCS levy

The LIA is calling on all pro-viders which have used IFAs to distribute products which have then been subject to compensation payments to contribute to the subsidy of the Financial Services Comp-ensation Scheme. Head of public affairs John Ellis believes providers which have been involved with the sale of products currently adding to the costs […]

NATIXIS PORTFOLIO CLARITY – UK Portfolio Barometer

Natixis Global Asset Management’s quarterly Portfolio Barometer offers insights into UK financial advisers’ model portfolios and the allocation decisions they are making. Natixis’s Portfolio Research & Consulting Group works with financial advisers and other intermediaries to analyse and enhance their model portfolios and help them develop investor portfolios suited to today’s complex markets. The Portfolio […]

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