View more on these topics

Treasury rethink on complaints

The Treasury has announced its intention to merge National Savings & Investments&#39 complaints procedure with that of the rest of the industry, a move which would see the Government-backed savings initiative come under the voluntary jurisdiction of the Financial Ombudsman Scheme. The Treasury this week published a consultation paper outlining how the FOS&#39 remit would need to be modified in order for NS&I to join it, although it is not expected to do so for 18 months.

Recommended

Profits boost for Positive Solutions

Positive Solutions more than doubled its pre-tax profits in the year to December 2003 as it boosted its number of IFAs by 35 per cent. The national IFA&#39s profits rocketed 161 per cent to £1.11m from £425,716 with turnover rising 41 per cent to £25.6m from £18.1m. PS increased its number of IFAs to 750 […]

Julian Gibbs

There are very few sensible ways in which investors can hope to receive a return of over 10 per cent a year with capital security. Probably the most innovative and exciting product I have come across recently which should achieve this target is the Close Man hedge fund, which is targeting absolute returns of between […]

Close edges towards hedge

Close Fund Management has teamed up with hedge fund specialist Man Investments to offer the Close Man hedge fund, a capital protected fund of hedge funds. This Guernsey-domiciled product is available to investors with a minimum of £10,000, which is low for a hedge fund product. It aims to provide a return of between 13 […]

Casting off the stigma

The provisions of the Enter-prise Act 2002 and the amended insolvency rules dealing with personal insolvency came into effect on April 1. First, there has been a reduction in the bankruptcy period. Pre-April 1, once declared bankrupt, the period of bankruptcy generally lasted for three years. During this time, there are various restrictions on what […]

Harris Associates' view on the UK’s vote to leave the EU

By David Herro, Partner, Deputy Chairman, Portfolio Manager and Chief Investment Officer of International Equity at Harris Associates Britain’s vote to exit the European Union has led to significant uncertainty across global markets. We believe market impact of this uncertainty, though severe, is more of a shorter-term phenomenon which will provide an opportunity for long-term […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com