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News

ETFs

ETFs to rival mainstream funds-survey

Some 45% of senior investment figures believe ETFs will ultimately rival mainstream funds, the latest Penrose Financial research reveals.

clock 10 August 2009 •

Offshore Investment

Britannia International reissues guaranteed bond

Britannia International has launched a new issue of its Guaranteed Capital Bond.

clock 10 August 2009 •

Industry

FSA defends its approach to miscreant lenders

The FSA has defended its position regarding lenders that slap unfair charges on mortgage customers in arrears after criticism by MPs in the Treasury Committee.

clock 10 August 2009 •

Offshore Investment

Halifax International unveils reward account

Halifax International has launched an offshore savings account providing savers with monthly income and easy access to their cash.

clock 10 August 2009 •

Industry

Growing demand for remortgage advice

Remortgaging advice searches on Unbiased.co.uk increased to 33% of all consumer requests in June.

clock 10 August 2009 •

Wrap/platforms

MultiFunds migration drags on as Skandia platform rebrands

The Selestia and Skandia platforms have now been rebranded as Skandia Investment Solutions, two years after their integration, but there is no end in sight for the full migration of billions of pounds of MultiFunds legacy business.

clock 10 August 2009 •

RDR

RDR could cost £10,000 per registered adviser

The transition to a post-RDR business model could cost IFA firms as much as £10,000 per registered individual, according to research.

clock 10 August 2009 •

Economics / Markets

FTSE spooked by Lloyds cash call reports

The FTSE 100 has fallen sharply in opening exchanges following reports Lloyds may tap shareholders for funds to reduce the cost of participating in the Government's toxic asset scheme.

clock 10 August 2009 •

Your profession

With-profits investors left behind in the rally - papers

Millions of investors in with-profits endowments, pensions and bonds who thought the market's rebound might enhance their returns had their hopes dashed last week, according to The Times.

clock 10 August 2009 •

Investment

Buffett buys government and corporate bonds

Warren Buffett's Berkshire Hathaway is buying up corporate and non-US government debt as the investment guru cuts equities spending to a five-year low.

clock 10 August 2009 •
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