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Standard boosts IFA marketing

Standard Life has launched an improved marketing programme to IFAs. The web-based system, which runs on a six-month cycle, is comprised of integrated campaigns available free to IFAs, with the aim of targeting customers already receptive to Standard&#39s services. Standard says the new service should slash its direct mailing costs by 86 per cent while increasing IFA registration.

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Pegrum to get dual fund role

Star UK fund manager Neil Pegrum, who last week left Insight Investment after less than 18 months, is set to manage both a hedge fund and a long-only portfolio for his new employer Cazenove Fund Management. Pegrum, who had spent 15 years at M&G, is due to run a focus fund for Cazenove when he […]

Fidelity offering £50 per account to consolidate on FundsNetwork

Fidelity is upping the ante in the fund supermarket battle for assets by offering IFAs and their clients financial incentives for re-registering investments on its platform FundsNetwork. In a move that the group says is designed to offset some of the costs of consolidation, Fidelity will pay IFAs £50 and their clients £25 for each […]

GMAC-RFC drops 25 year fix

Lender GMAC-RFC is dropping its 5.59 per cent 25 year fixed rate mortgage blaming a lack of interest in the long term fixed market.GMAC-RFC head of marketing services Jeff Knight says the company decided to market-test the product to see whether there was enough appetite for long term fixes in the market. Following little interest […]

Cementing relationships

Since the Budget, just one big idea seems to have gripped the minds of those interested in financial services public policy – property investment funds. Chancellor Gordon Brown announced the start of a consultation which looks like being inundated with respondents. This process, which was started by the Barker review into the supply of housing, […]

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MPAA consultation

By Fiona Tait, pensions specialist The chancellor’s announcement of proposed cuts to the Money Purchase Annual Allowance means it will be more important than ever to be able to tell your PCLS from your UFPLS What was in the statement? Not much. The chancellor spared three sentences to inform us that the Money Purchase Annual Allowance will be reduced […]

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