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Standard in wrap deal with First NZ Capital

Standard Life is to launch its wrap offering in the early part of 2006 after signing a joint deal with First NZ Capital.
The provider says it is in the final stages of development with full details to be unveiled as the company rolls out the proposition to advisers from next year.
Standard Life UK & Europe chief executive Trevor Matthews says: Standard Life will bring to the market a flexible and highly functional wrap developed hand in hand with FNZ who will bring a wealth of unique expertise and worldwide experience.
FNZ UK chief executive Adrian Durham says: FNZ is thrilled to have the opportunity to work with Standard Life to deliver a wrap service in the UK. Standard Life has an outstanding service delivery reputation with advisers and a market leading product administration platform that make this development an ideal opportunity for FNZ.


Leeds is extending its non-income verification on its mortgage products

Leeds Building Society is extending the terms of its non-income verification on its mortgage products, now available on a product specific basis.A new 2-year fixed rate at 4.95 per cent for self-cert has been launched available up to 75 per cent LTV.It will allow 10 per cent capital repayment each year with a 0.75 per […]

Multi-manager View: Don’t miss the BRIC boat

By 2015, there will be more than a billion new members of the middle class in Brazil, Russia, India and China, according to the World Bank, yet most investors with any kind of global equity exposure are missing the boat when it comes to capturing any of that growth.

One-third of release plans are sold direct

A third of equity-release plans are taken out direct with product providers, according to Key Retirement Solutions. Speaking at the Mortgage Business Expo, KRS development director Dean Mirfin said there was a shortage of IFAs active in this sector. He said customers were drawn to providers through brand awareness and the perceived reliability associated with […]

Spring has sprung

Well, it’s been lovely to see a little bit of sunshine, even if it was only a brief appearance. I live in Scotland so, believe me, it was very brief.  Of course, with even the tiniest hint of spring, thoughts turn to the inevitable clearout that must take place.  And that got me to thinking […]


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