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Threadneedle enjoys Royal appointment

Threadneedle Investments funds will now be offered on Royal Skandia’s offshore platform.
Offshore investors will be able to access Threadneedle’s strategic bond and dollar funds aong with the growth fund managed by Andrew Holliman.
Threadneedle already has 10 funds on offer through Skandia’s life and pensions platform and a further 15 available through its multifundshop.
Threadneedle director of financial institutions Stephen Moore says: “For sterling investors, the opportunity to invest in a quality bond portfolio where the manager ahs the freedom to adjust his allocation between investment grade and high-yield bonds was also seen as very attractive.”


Skipton BS changes BTL lending policy

Skipton Building Society is changing its buy to let residential and commercial lending policy.Key Features include:Increased LTV now 85 per cent for loans up to 300,000.For loans 300,001 and above, LTV is 80 per cent.Reduced rental income cover now 125 per cent up to 80 per cent LTV.Skipton head of media relations Jennifer Holloway says: […]

Read IFA fined 150,000 for pension unlocking

The FSA has fined Read Independent Financial Advisers Limited 150,000 for advising consumers to unlock their pensions.The FSA says Read has been fined because of serious defects in its sales process, inadequate familiarity with regulatory requirements and failure to include adequate risk warnings in its financial promotions.These breaches potentially affected 1,100 consumers between September 2000 […]


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