View more on these topics

Ship Q4 sees record new business results

Safe Home Income Plans is reporting record quarterly new business figures for the period ending December 31 2004.

The value of Q4 business is 350.2 m, 25 per cent higher than Q4 in 2003. Ship is reporting a three per cent increase on the previous record of 338.4 bn in Q3 2004.

Total new business written by Ships 17 members in 2004 stood at 1.19 bn. Of this, 96.5 per cent was made up of lifetime mortgages and 65 per cent was handled by brokers.

Ship chairman Jon King says: “These results confirm emphatically that equity release is now a key financial product.”

Recommended

Portman BS relaunches core mortgage product range

Portman Building Society has relaunched its core mortgage product rangee.Changes are effective from January 29 2005.The range is as follows:2 year fixed at 2.35 per cent2 year fixed, direct business at 4.48 per cent2 year fixed, introducer only at 4.74 per cent3 year fixed at 4.79 per cent5 year fixed at 4.89 per cent2 year […]

Winterthur promotes trustee plan

Winterthur Life is running an initiative to raise awareness of the benefits of trustee investment plans as part of an holistic retirement planning process.

CII certificate to be taught in schools

Six schools in the North-east of England will start teaching the Chartered Insurance Institute certificate in financial planning from September.

Seeking quality in uncertain markets

By Ewan McAlpine, Senior Client Portfolio Manager In uncertain times, investors naturally seek safety. But in fixed income markets, what does that really mean? Ewan McAlpine outlines the approach RLAM’s Fixed Income Team will be adopting across its credit funds in response to potentially volatile markets this year. Click here for full article

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment