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Sun Bank looking to raise its IFA profile

Sun Bank has appointed Proteus Public Relations to develop awareness of its brand in the intermediary mortgage market.

The bank, which was bought by Portman Building Society last year, offers a broad range of residential mortgages through financial advisers but it specialises in the complex prime market.

Proteus is a communications company specialising in financial services.

Sun Bank marketing director Chris Cummings says: “We have appointed Proteus because of its detailed understanding of the intermediary mortgage market, both at a strategic and tactical communications level. This, coupled with a proven track record of implementing success-ful communication programmes on behalf of other lenders and strong relationships with the trade media, made it stand out during the pitch process.”

Proteus director Josh Cooper says: “I believe this win confirms our position as the UK&#39s leading PR consultancy within the intermediary market. We are delighted to have been appointed by Sun Bank and are looking forward to working with it to help raise its profile during 2002 and beyond.”


Dennehy Weller names “dud” investments

IFA Dennehy Weller has produced its six monthly “duds” list of funds it says are failing investors. The analysis covers funds of £500 million held in UK all company and equity income sectors where the majority of private investor money is placed. Top of its table as the biggest “dud” is Aberdeen&#39s UK Blue Chip […]

R&SA Investments says active is best

Royal & SunAlliance Investments is claiming that current stockmarket means that active management is better than passive. UK Prime fund manager Mike Felton says the current environment requires an aggressive approach with a smaller portfolio that can move in and out quickly to take advantage of volatility rather than react to it. He says the […]

Fixed deals for Florida buyers

Abbey National subsidiary First National Bank is offering a sterling mortgage for British buyers of Florida holiday homes.Through its British Mortgages Abroad brand, First National is offering UK-style mortgages to UK residents who are homeowners wanting to buy a Florida property or wanting to remortgage their existing dollar loan.Most US mortgages are long-term fixed-rate deals, […]

&#39Fund merry-go-round is damaging the industry&#39

Edinburgh Fund Managers managing director Harry Morgan says the constant merry-go-round of fund managers is bringing the industry into disrepute.Speaking at the Money Marketing IFA UK conference in London last week, Morgan said the endless procession of star fund managers moving from one company to another is harming clients and leaving them confused about what […]

Simon Fletcher

Auto-enrolment: pay attention or pay the price

By Simon Fletcher

As a chief executive officer of a business in the financial services sector, I have been dealing with the introduction of auto-enrolment for our clients for some time, but I can also speak from an employer’s point of view, having to go through the process ourselves.


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