Marks and Spencer have announced their new Ethical Investment Fund which will invest in UK based organisations that make a positive contribution both to the environment and the communities in which they have an effect. Investors are driven by more than just money now, wishing to consider where their money is invested as well as how much it earns. The M&S Ethical Investment Fund is perfect then for this type of conscientious investor and is also expecting to generate good returns too. In fact an ethical fund topped the charts of all investment funds only last week, so there is clearly plenty of growth potential. The fund will be managed jointly by Jupiter Asset Management and Sinopia Asset Mgt, two organisations with good track records in the ethical investment arena. For those wishing to learn more about the new fund there is information available via the Marks and Spencer website.
Liverpool Victoria has just introduced a new Flexible Lifetime Mortgage, accessible to financial advisors through their existing systems. The Liverpool Victoria mortgage allows customers aged between 60 and 95 to use equity in their property as a cash resource, drawing a minimum of GBP10,000 initially, then in increments of GBP2,000 up to the maximum loan to value amount. Financial advisors will be able to provide quotes for interested parties from their existing Assureweb systems, making it a quick and easy exercise. Targeting the older end of the market this style of mortgage offered by Liverpool Victoria enables customers to access the value of their home when they may need it most and still retain ownership of the property.
Government proposals for new 20 mph zones are receiving mixed responses from officials says car insurance provider Swiftcover. There has been talk of a new generation of speed cameras supporting these new zones, though a safety campaigner from Exeter was unsure as to whether the cameras were the best way forward. A 20 mph zone would be in area where there are going to be children it would be thought, so the placing of speed cameras would actually take drivers eyes away from the road and onto their speedometers, thus negating the point of the zone in the first place. An alternative view was put forward by a county councillor who felt speed cameras would be better than traffic calming measures, feeling they would be more effective.