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SIML launches property fund

Skandia Investment Management Limited has appointed the leading property specialists LaSalle Investment Management in an exclusive partnership to run a global property securities fund to be launched on October 3 2005.

The fund will be called Skandia Global Property Securities Fund.

This unique partnership brings a world-class global property manager to the UK retail market and provides an exciting investment solution in response to the increasing popularity of property as an asset class, and the recent accessibility of the global property market through global property securities.


Northern Rock improves buy-to-let range

Northern Rock has reduced rates on its two and five-year Flexible Base Rate Tracker products. The two-year product is now available at 5.59% which is 1.09% over the Bank base rate and the five-year product at 5.79%, 1.29% over Bank base rate. Both products are fully flexible, available up to 87% LTV and for a […]

Buy-to-let investors desert capital

Research from Landlord Mortgages, the specialist buy-to-let broker, revels that sky high property prices in London have seen investors desert the capital for more lucrative opportunities in other regions. Only 8.56% of all rental properties purchased over the last year were in London, which boasts the most expensive average buy-to-let properties (223,997). This is 5% […]

FSA appoints new directors

The Financial Services Authority today appointed two new directors and announced some moves among existing directors.Sally Dewar is appointed director of the markets division. Dewar joined the Stock Exchange’s Listing Authority (now the UK Listing Authority) in 1998 and is currently head of primary markets within the markets division. She will report to Hector Sants, […]

TMB appoint BDM

The Mortgage Business, the specialist and packager focussed lender, today announces the appointment of Sue Dugdale to its Northern sales team as business development manager for Manchester, East Lancashire and North Cheshire.Dugdale joins TMB from the Halifax Intermediary Sales Centre based in Manchester and brings to the team a wealth of experience from working in […]

Life cover for life

When someone mentions whole of life plans, most people will think of a niche product that serves as an inheritance tax planning tool for high-net-worth clients. And it’s really not surprising they’ve been pigeonholed in that waybecause before the arrival of RDR in 2013, that’s more or less exactly what they were. For advisers thinking […]


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