Money Management articles from May 2009

Money Management archives from May 2009

Taking stock - Time for education.
May 1, 2009... Byline: Russell Taylor Current market conditions present a great opportunity for advisers to help clients invest wisely for the future, says Russell Taylor The investment world is about to face some wrenching changes. The sale of...

A trustworthy investment?
May 1, 2009... Byline: Lindsey White CTFs were meant to be part of Labour's plans to help children and parents get the savings habit. But apathy and falling markets have begged the question whether CTFs were worth all the hype. Lindsey White reports ...

Mortgage spotlight - Permission to let.
May 1, 2009... Byline: Laverne Hadaway The rental market is beginning to be inundated with so called accidental or reluctant landlords. Laverne Hadaway investigates The slow moving housing market is helping to contribute to a fall in rental values,...

Negotiable inheritance tax.
May 1, 2009... Byline: Peter Nellist After death, there is a lot at stake in determining an estate's ultimate IHT liability. Peter Nellist CFP, a partner at solicitors Clarke Willmott, reviews some of the arguments put forward by HMRC that his firm is...

Investments: ETFs - Ringing the changes.
May 1, 2009... Byline: Joe McGrath With exchange traded investments in the UK attracting greater inflows than ever before, Joe McGrath considers whether ETFs can deliver on their promises It is hard to believe that when Money Management conducted its...

Pensions spotlight - Easing not so pleasing.
May 1, 2009... Byline: John Chapman Pumping money into the economy will affect final salary schemes, annuities and drawdown - and inflation, reports John Chapman Having fostered toxic financial assets of devastating economic effects, the US and UK...

Protection spotlight - Friendly approach.
May 1, 2009... Byline: Helen Pridham Are cover buyback options gold plating, or a feature that all critical illness policies should offer? Helen Pridham examines how they work One of the potential problems of critical illness policies is that, once...

Annuity focus - Variety is the spice of later life.
May 1, 2009... Byline: Harry Carnell An increasing variety of annuities will dominate the mouth watering retirement market, suggests Harry Carnell It is a well known fact that the retirement market will grow spectacularly over the next few years as...

Statistics - May 2009.
May 1, 2009... Byline: Lindsey White Click on any of the links below to view this month's statistics in a PDF file UK Registered Investment FundsUK Registered Investment Funds Investment TrustsInvestment Trusts Insurance FundsInsurance Funds...

In retirement spotlight - Releasing the potential.
May 1, 2009... Byline: Joe McGrath A dip in equity release volumes has largely been attributed to economic conditions, but political campaigning could well lead to a boost for the market, as Joe McGrath discovers Later in May, Safe Home Income Plans...

Regulatory Turnaround.
May 1, 2009... Byline: Gareth Shaw Turner's Review of regulation in the global financial crisis promised to revolutionise the way that financial institutions act in both the UK and around the world. Gareth Shaw takes a detailed look at the proposals ...

Fan-cash-tic.
May 1, 2009... Byline: Geordie Clarke Deposits: Meteor Asset Management is offering a structured product with interest linked to stock market growth as part of a joint venture with actuarial consultancy Intersolve. The CashCade Deposit Plan is a...

May contain nuts.
May 1, 2009... Byline: Janet Walford OBE The latest round in the ongoing saga of the Lautro charges debacle reached the High Court on 30 March, with the FSA declaring right at the start of proceedings that it would not give up the fight to protect the...

Good as gilt.
May 1, 2009... Byline: Geordie Clarke Structured products Morgan Stanley is rolling out a second tranche of its FTSE Defensive Gilt Backed Growth Plan. The FTSE Defensive Gilt Backed Growth Plan 2 follows the launch of the original tranche of...

Win a mountain bike.
May 1, 2009... Byline: Gareth Shaw To celebrate the launch of its new online protection system, Money Management has teamed up with Legal & General to give you the chance of winning one of six fantastic mountain bikes. To celebrate the launch of its...

Artemis launches strategic assets fund.
May 1, 2009... Byline: Gareth Shaw Fund house looks to spread investment to weather recession Artemis Fund Managers is looking to use the diversification of assets to its advantage by introducing its first fund to the retail market in four years....

Cavendish campaign.
May 1, 2009... Byline: Joe McGrath Cavendish Property Investments is about to embark on a major above-the-line marketing campaign, promoting lifetime mortgages and home reversion plans. Cavendish Property Investments is about to embark on a major...

Lessen the blow.
May 1, 2009... Byline: Gerry Warner Rising property prices during the past decade have pushed more estates over the nil rate band. Gerry Warner, market manager for protection at Zurich Financial Services, looks at ways to mitigate liability to IHT ...

Abbey rejections anger advisers.
May 1, 2009... Byline: Gareth Shaw Further complaints highlight extent of problems Intermediaries have told of the "downward spiral" in service standards from Abbey, the Banco Santander lender, as it continues to reject cases after a decision in...

L&G pursues banned adviser.
May 1, 2009... Byline: Gareth Shaw Insurer says it will chase monies owed as FSA blocks activity Legal & General has vowed to claw back unpaid debts from a Kent based IFA after it was banned from carrying out new regulated business by the FSA. A...

Notts mutual mulls merger.
May 1, 2009... Byline: Lindsey White 197 year old mutual forced to withdraw products EXCLUSIVE Nottingham Friendly Society is considering the viability of a merger with another mutual after withdrawing all of its products from sale, except its child...

FSSC casts doubt over Level 4.
May 1, 2009... Byline: Lindsey White FSSC and FSA are at odds over qualifications EXCLUSIVE An FSSC document has emerged highlighting confusion over the FSA's proposed introduction of a Level 4 standard for adviser qualifications. In November...

ETC offers 176% in 1 year.
May 1, 2009... Byline: Joe McGrath Staggering returns stimulate inflows into exchange traded investments Exchange Traded Commodities (ETCs) offered returns of up to 176% in 12 months, according to the latest findings from Money Management's latest...

B&WI confirms director's departure.
May 1, 2009... Byline: Joe McGrath Funding line renewed but lending terms remain tight. Bridgingloans.com, the rebranded short term lending arm of Bristol & West Investments, has restructured the business, resulting in the departure of Martyn Smith...

Negotiable IHT - What price a promise?
May 1, 2009... Byline: Peter Nellist A promise or verbal agreement can have a significant impact on the IHT liability. Peter Nellist CFP, partner at solicitors Clarke Willmott, reviews this neglected but important area of IHT practice In certain...

Top 15 stories online.
May 1, 2009... Byline: Lindsey White Most read Money Management content online from 19 March - 17 April 2009 1. FSA won't back down on LAUTRO (Janet Walford OBE) 2. Baaaaaa: Financial regulation no more than a dead sheep (Janet Walford OBE) ...

IFA capitalises on Legal Act changes.
May 1, 2009... Byline: Lindsey White Positive Solutions to team up with UK's largest law firms Money Management has obtained the names of the legal firms involved in an exclusive partnership with national IFA Positive Solutions. The move comes in the...

Tilney fund suspended after 97% drop.
May 1, 2009... Byline: Lindsey White Deutsche Bank subsidiary blames valuations and gearing EXCLUSIVEA British Real Estate fund, offered by asset manager Tilney, has crashed a massive 97% in the space of 12 months,prompting the fund's suspension from...

Winterthur defends substitute cash fund.
May 1, 2009... Byline: Geordie Clarke Insurer replaces stable cash fund with money market alternative Winterthur has become the second provider to be attacked by advisers for closing its deposit based pension fund and switching investors to an...

IFAs: switching rules impairing advice.
May 1, 2009... Byline: Gareth Shaw Adviser frustration with overbearing charging focus Pensions advice could suffer unless the FSA changes its stance on the new pension switching guidelines, according to a slew of IFAs. Intermediaries to whom...

Foresters Friendly to begin IFA drive.
May 1, 2009... Byline: Geordie Clarke and Gareth Shaw New sickness benefit policy to be first available through intermediaries Foresters Friendly Society is to make a play for the intermediary market later this year following the launch of its new...

BoC to begin UK mortgages.
May 1, 2009... Byline: Joe McGrath EXCLUSIVE Bank of China is set to enter the mainstream UK mortgage market for the first time offering residential mortgages through two key intermediary distributors. Money Management understands that Bank of China,...

GBP50k director departs AIFA.
May 1, 2009... Byline: Joe McGrath EXCLUSIVE AIFA, the trade association for independent financial advisers, has confirmed the departure of another director from the business. Tracey Elwick, PR and marketing director for the association, is the...

World in motion.
May 1, 2009... Byline: Gareth Shaw Multi-manager funds Skandia Investment Group (SIG) is aiming to take advantage of opportunities in the global equity market with the launch of a new multi-manager fund. The Global Dynamic Equity fund will have...

EU ready for this?
May 1, 2009... Byline: Gareth Shaw Absolute return funds Buoyed by a successful 'stress testing period', BlackRock is rolling out its new absolute return offering in full this month. The BlackRock European Absolute Alpha fund will invest in a...

All wrapped up.
May 1, 2009... Byline: Geordie Clarke SIPPs Stockbroker Hargreave Hale has entered the SIPPs market with a new pension wrapper product. The Hargreave Hale SIPP is designed to hold investments such as open ended funds, investment trusts,...

Financial Planner Awards 2009.
May 1, 2009... Byline: Janet Walford OBE First prize GBP5,000 We are delighted to announce that Michael Portillo has been confirmed as the guest speaker and presenter for the 2009 Money Management Financial Planner of the Year Awards event. ...