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Professional Adviser

Professional Adviser

Articles by Professional Adviser

Mortgages

Brown announces new rules on repossession

The Government is to issue judges with new guidelines on dealing with repossessions.

clock 22 October 2008 •

Investment

Investor confidence at new low

Global Investor Confidence has dipped to 58.2 from a revised September level of 75.7, according to the latest State Street Investor confidence Index.

clock 22 October 2008 •

Technology

S&P ratings made available on Transact

Standard & Poor's Fund Services has made its fund management ratings and fund research reports available on Transact Online.

clock 22 October 2008 •

uncategorised

No rescue for Lloyds/HBOS if merger deal fails - papers

Lord Mandelson has warned that Lloyds TSB and HBOS will not get their £17bn rescue package unless the planned merger goes ahead, increasing Government pressure on shareholders to vote in favour of the deal, according to The Telegraph .

clock 22 October 2008 •

US

Investment trust managers see US election as buying opportunity

The presidential election will have a marked impact on US investments, while fear, turbulence and instability present good buying opportunities, according to fund managers interviewed by the Association of Investment Companies (AIC).

clock 22 October 2008 •

Investment

7IM joins Lighthouse Capital programme

Lighthouse Group has announced that Seven Investment Management (7IM) is joining its LighthouseCapital programme, which offers advisers an end-to-end investment process and greater influence over funds under advice.

clock 22 October 2008 •

Your profession

With-profit exit cuts extended

Friends Provident and L&G have joined Norwich Union in making reductions to exit values on their with-profit funds to combat volatile market conditions.

clock 22 October 2008 •

Mortgages

Borrowers opt for fixed rates despite BoE cuts

Demand for fixed rate mortgages is on the up despite a surprise interest rate reduction this month and the prospect of further cuts on the horizon.

clock 22 October 2008 •

Investment

Short selling ban to continue - FSA

The FSA will continue to enforce its ban on short selling on UK financial stocks following a 30-day review of the rule.

clock 22 October 2008 •

Your profession

Icelandic losses force Barnsley BS to join Yorkshire

The Barnsley Building Society has been forced to merge with larger rival Yorkshire after it identified a potential loss of up to £10m from two Icelandic banks.

clock 22 October 2008 •
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