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News

Wrap/platforms

Ascentric teams up with Skerritt Consultants

Independent wrap platform Ascentric has been chosen by Skerritt Consultants to help grow its wealth management business.

clock 09 July 2009 •

Your profession

BoE to 'print' extra £25bn - papers

The Bank of England is today set to announce plans to expand its "money printing" programme by a further £25 billion, taking the total to £150 billion, in an effort to force banks to step up lending to consumers and businesses.

clock 09 July 2009 •

Mortgages

Nationwide launches negative equity mortgage

Nationwide is offering a 125% mortgage to help existing customers in negative equity.

clock 09 July 2009 •

Economics / Markets

FTSE climbs as insurers bounce back

In London, markets climbed in early trade as insurers recovered from major losses on Wednesday.

clock 09 July 2009 •

Investment

MPL launches income class on Traded Policies Fund

Managing Partners Limited (MPL) has launched the first income share class on its Traded Policies Fund, giving investors an income of 5% per annum.

clock 09 July 2009 •

Your profession

Aviva calls for 'courageous conversation' on orphaned clients

Aviva says it is time providers and distributors put their heads together to discuss how to ensure ‘orphaned' clients are treated fairly.

clock 08 July 2009 •

Investment

Dow advances on upbeat IMF forecast

The Dow Jones has risen 35.52 points (0.44%) to 8199.12 as the International Monetary Fund (IMF) predicted worldwide economic growth will recover to 2.5% in 2010.

clock 08 July 2009 •

Your profession

FSCS may be pre-funded; FOS role under scrutiny

The Treasury today proposes reforming the way the Financial Services Compensation Scheme (FSCS) is funded and announces a wide-ranging review of the role of the Financial Ombudsman Service (FOS) in a white paper suggesting a raft of dramatic changes to...

clock 08 July 2009 •

ETFs

Javelin launches first Islamic ETF in US

Javelin Investment Management has unveiled the Jets Dow Jones Islamic Market International Index Fund, the first Shariah-compliant ETF in the US, on the NYSE Arca platform.

clock 08 July 2009 •

ETFs

Alps releases equal sector weight ETF

Alps has released the Equal Sector ETF on NSYE Arca, providing equally weighted exposure to the nine Select Sector SPDR ETFs.

clock 08 July 2009 •
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