View more on these topics

Abbey Residential Property Plan to close to investment

The Abbey Residential Property Plan marketed in association with Knight Frank Corporate Finance closes to investment on November 4. This 10-year investment is designed to provide both capital protection and offer investors exposure to the UK residential property market without the risks that come from buying property as an investment.

The Plan tracks the Halifax House Price Index and provides 200% of any growth in the index at maturity, subject to averaging. The plan can be invested in directly for a minimum investment of 3,000 or a maximum of 500,000. Independent Financial Advisers, who introduce clients as investors, will be paid a commission of 3.50% of the subscriptions made by their client.

Trustees of self invested personal pensions and small self administered scheme arrangements can also invest in the RPP, allowing them to gain exposure to the residential property market six months ahead of proposed changes to pension arrangements on A-Day.


AMI wants feedback on regulation

statutory regulation of the mortgage industry is one year old today and the Association of Mortgage Intermediaries has launched its One Year On campaign to mark the occasion. AMI hopes intermediaries will download its One Year On document from website and fill it in, detailing their experiences and gripes since Mortgage Day. The information […]

Many brokers dissatisfied with compliance support services

many intermediaries are not satisfied with the compliance support service they receive from their providers, a survey by Pink Home Loans has found. Pink’s 1,000 Index Survey finds that almost one-fifth of intermediaries think the service they get is poor. The survey, completed by 1,000 intermediaries that have been registered with Pink at some point, […]

TBMC plans massive cull of lender panel

The Business Mortgage Company is planning a sweeping cull of its lender panel. The commercial and buy-to-let specialist packager currently has a panel of over 20 firms. But under plans being drawn up this could be slashed to between six and eight. Andy Young, managing director of TBMC, says: “We have the opportunity to drive […]

PPI for same sex couples

Paymentcare has ended discrimination against gay couples by offering an addition to its payment protection insurance policies that pay out for carer cover when a partner requires full-time care due to illness. All Paymentcare’s policies now offer carer cover and hospitalisation as an extra benefit at no extra cost to couples that live together. Shane […]

The curse of long-term cash

Trevor Greetham, Head of Multi Asset at Royal London Asset Management, reveals why clients should be seriously concerned when short-term holdings of cash turn into a long-term investment. There is nothing wrong with holding wealth in the form of cash on a short-term basis. For many people capital stability is important and access to ready cash […]


News and expert analysis straight to your inbox

Sign up