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Wilson moves into marketing role at New Star

New Star has appointed Richard Wilson as UK retail marketing director, following the recent appointment of Phil Wagstaff as managing director of retail sales and marketing . Wilson has been with New Star since 2003 as director of investor communications.

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Multi-management View: Fine in theory but does MPT really work?

Portfolio diversification is becoming more difficult. Historically, one would have balanced a holding of UK shares with some in the US, Europe and so on, the theory being that when UK shares slumped, the loss would be offset by a gain in the overseas element of the portfolio.

Lenders shunning HomeBuy scheme

Some of the country’s biggest lenders are refusing to take part in the Government’s flagship HomeBuy scheme for affordable housing and there are doubts over whether trials will be ready for April 2006. Abbey believes the volumes likely to be involved do not warrant the cost of developing systems and Alliance & Leicester has decided […]

Shopping outside the high street

I cannot help feeling a bit of sympathy for the high-street retailer. Virtually every other sector is pumping out solid earnings, typically in line with or beating estimates, and confidence is riding high.

Lenders start to cut rates

Mortgage rates have been cut by two major high street lenders following the 0.25 per cent fall in bank base rate. Alliance & Leicester and Nationwide are cutting rates on a selection of mortgages. A&L is reducing its standard variable mortgage rate by 0.25 per cent to 6.59 per cent, equivalent to a 7 per […]

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Absence management systems gone AWOL from UK’s SMEs, reports Jelf

A quarter (23 per cent)* of the UK’s small to medium-sized enterprises (SMEs) do not have an absence management system in place, according to new research from Jelf Employee Benefits. Despite 69 per cent* of organisations having a system in place, three-quarters (75 per cent) report that it is not providing them with sufficiently empowering absence or health data to inform an effective wellbeing programme.

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