View more on these topics

TEP market maker targeting young policies

Traded endowment policy market maker Neville James is looking to buy unitised and unit-linked policies that have been running for less than 10 years. Neville James says its trading platform is currently experiencing a high demand from people wanting to buy policies of this type. It is offering IFAs £50 commission for each policy bought and providing free quotations. It says selling a policy on the open market can often be more profitable for clients than surrendering it to the issuing life office.

Recommended

Remortgages continue to fuel banks&#39 lending boom

September&#39s gross mortgage lending totalled £13.1bn, 34 per cent higher than the £9.8bn lent during the same period last year, according to latest figures from the British Bankers&#39 Association.However last month&#39s lending was 8 per cent down on August, when £14.3bn was lent by banks in the UK.The BBA says the underlying seasonally adjusted increase […]

Lies, damned lies and statistics

I was interested by Peter Richardson&#39s request to know if anyone has statistics on the money-laundering rules. While I am quite in accord with his views, I would like to bring his attention to the ad that recently ran on television which made it clear that the majority of statistics are made up on the […]

Rock offers fixed mortgages with personal loan option

Northern Rock is expanding its mortgage range with four fixed-rate products.The loans include two-year and seven-year fixed rates as part of its Together range which offers borrowers an optional unsecured personal loan at the same rate as their mortgage.The two-year loan is fixed at 5.89 per cent for loans up to 90 per cent loan […]

Scottish Life in new pension transfer drive

Scottish Life is relaunching its pension transfer campaign aimed at raising awareness among IFAs about the opportunities available in the £2bn market.The company says pension transfers continue to be one of the few potential growth areas in the investment market. It says IFAs can still grow their businesses by revisiting existing clients to ensure they […]

William Littlewood “betting that QE won’t work”

Journalist Alexis Xydias interviews Artemis manager William Littlewood about his views on bond, equity and currency markets and the impact of a Greek exit from the EU. With bond yields at “ludicrous” levels, William believes a tipping point for bond markets is sure to come. As a result, his Strategic Assets Fund holds government bond shorts to the tune of 100 per […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment