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News

Mortgages

HSBC to launch 1.99% mortgage

HSBC will launch a two-year discounted mortgage at 1.99% available up to 60% LTV on Monday.

clock 11 March 2010 •

Critical Illness

Aegon CI claim approvals dip below 90%

Aegon paid a marginally lower percentage of critical illness (CI) claims in 2009, but declines due to non-disclosure fell from a half to a third.

clock 11 March 2010 •

Your profession

Labour 10% 'death tax' plans condemned

Proposals for a 10% ‘death tax' on moderate-to-high earners to tackle the problem of an ageing population have been branded "totally unfair".

clock 11 March 2010 •

Investment

Skandia mutual fund sales offset decline in life products

Skandia UK posted a 22% increase in mutual fund sales last year as clients continued to move away from traditional life product offerings.

clock 11 March 2010 •

Your profession

Law firm set for Keydata challenge after raising £30k

Law firm Regulatory Legal says it has now raised enough funds to mount a judicial review into the FSCS's decision to impose a £70m additional levy on the investment intermediary subclass, following the collapse last year of Keydata and two stockbrokers....

clock 11 March 2010 •

ETFs

Amundi debuts 15 ETFs in Italy

Amundi has listed 15 ETFs on the Borsa Italiana, marking the firm's entrance into the Italian market.

clock 10 March 2010 •

Investment

High Court orders Cru liquidation

Cru Investment Management has been wound up by the High Court.

clock 10 March 2010 •

Critical Illness

L&G increases CI claims paid

Legal and General has announced it paid 93.6% of critical illness claims in 2009.

clock 10 March 2010 •

TMT

Macquarie unveils CGT tool

Macquarie has launched a capital gains and losses calculation tool for financial planners.

clock 10 March 2010 •

Economics / Markets

CGT and IHT likely targets in Budget 2010 - L&G

The Chancellor will use the Budget to hike capital gains and inheritance taxes to fund Gordon Brown's pledge today not to cut front-line services, Legal and General predicts.

clock 10 March 2010 •
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