Abbey

With-profits funds at Scottish Mutual Assurance and Scottish Provident should meet the FSA's realistic reporting requirements following a capital top-up into the Scottish Mutual fund, says parent group Abbey.

IFAs have been urging clients to take hits of up to 21% simply in order to join a growing stampede out of Scottish Mutual's with profits fund, writes The Scotsman.

Abbey has appointed Mark Russell as head of brand in a move to step up its re-branding strategy.

The FSA is under pressure today after the revelation that it sent sensitive regulatory information regarding enforcement actions against individuals to the wrong firm, writes The Scotsman.

IFAs should take a more pro-active stance with client management if they want to build up a trustworthy relationship, suggests a research released by Abbey for Intermediaries.

AEGON'S CHIEF executive David Henderson has told this morning's Scotsman newspapers he is considering ditching the Scottish Equitable name to eliminate "brand confusion" across the group.

Abbey for Intermediaries is to launch an awareness campaign into offset mortgages, to try and help intermediaries clear some of the fog surrounding these new products.

Users of 1st Software's Adviser Office will be able to pre-populate their databases with clients' portfolios held in the Abbey wrap proposition.

YESTERDAY'S PUBLICATION OF an National Audit Office report into the number of people likely to be netted by the proposed £1.4m lifetime contributions limit to pensions will be seized on by chancellor Gordon Brown to push pensions simplification in next...

With-profits investors may now have to consider whether they are better off getting out while they can and moving their investments elsewhere, suggests Chartwell, following bonus announcements today from Abbey, Axa and Royal London.