Tag Archives: Investment

Investment

Financial, Financial Information, Financial Services, Financial Solutions, Home Equity, Investment, IRA, Money, Personal Finance

Integrity Financial AZ Opens New Communications Center In The Face Of The Collapse On Wall Street

IFAZ LLC opens a new communications office in the face of the collapse on Wall Street. With the S&P down over 1000 points since Election Day 2008 and with the evaporation of over 12 trillion dollars of private wealth from 401ks / IRAs and from private home equities, there is a bright light emerging within the private financial sector.

According to Stanley Paulic, CEO of Integrity Financial AZ, LLC, “I hear countless stories from across the country, I understand why the majority of people are afraid to do anything, especially involving change; however, if one waits to recoup their investment losses to the 2007 values, sadly they will wait for nearly a decade, according to some economic reports.”

Integrity Financial AZ LLC opens a new communications office even in Wall Street’s darkest hour proving that integrity and service is always in demand and that true communication requires a little listening as well. IFAZ LLC believes that transparency and open communication are the cornerstones of wisely investing in the midst of an economic crisis.

Between 1926 and 2007, the average return for the S&P 500 Index equaled 10.37%. Investment Brokers will soon however, “have to face the music,” states Stanley Paulic. The dogma for years that has been echoing within the halls of most financial brokerages has been to keep your money invested in the market for the long haul because as an aggregate it has always trended upwards. This mantra along with some new advice has many investors scratching their heads in wonderment as advisors are instructing clients not to look at their monthly statements. Others have suggested their clients open a lock box for their statements, leave them unopened and to throw away the key.

Paulic and his firm has a different prospective. Many of the individuals he talks to “can’t afford to wait 10 minutes much less 10 years to make up the short falls as many people who feel stuck in the market are just about ready to hit the retirement rolls in record numbers. Many have watched the decimation of their hard earned portfolios evaporate as if they where watching a Ground Hog Day version of the movie ‘How Enron Was Mismanaged’.” There is no way to sugar coat it with the market down 30-40% many investors need to find alternatives to stimulate their retirement portfolios.

The IFAZ leaders hope to stem the tide of negative growth within investor portfolios by introducing them and setting them on new path light years away from the volatility on Wall Street. They are hoping the new communication’s center can help provide an outlet for investors who need to turn around their financial situation in the short term and help guide them on a long term program as many do not have another viable investment alternative.

IFAZ LLC touts that their clients consistently earn a fixed investment return of 10% APR. “The one thing we want our clients to have is a good investment experience and to have them open their statements on a monthly basis without the fear. There are a lot of people that will never be able recoup their losses of 2008 because of their age. This is exactly the problem that IFAZ has set out to remedy,” concludes Paulic.

About IFAZ LLC
IFAZ LLC is headquartered in Sacramento, CA. They assist families to get out of the “hope mode” and into the “action mode”. The government monitored websites on the IFAZ LLC webpage removes any doubt that “we say what we mean, and mean what we say.” More information about IFAZ LLC can be learned at www.IFAZLLC.com.

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Banks, Financial, Financial Education, Financial Management, Insurance Services, Investment, Money

Quest CE announces the hiring of Marcy Kalat as Vice President of Business Development for Quest

Quest CE’s President & CEO, Alan Krenke recently announced the hiring of Marcy Kalat as Vice President of Business Development for Quest. Marcy brings over 15 years of Sales and Relationship Management experience to Quest working previously for RegEd and FIRE Solutions Inc. as Vice President of Sales, Penton Media as an Account Executive and UConnections.com as Area Sales Manager.

Marcy received her undergraduate degree in Social & Behavioral Science from Indiana University. Marcy’s industry affiliations include the National Society of Compliance Professionals and the Securities Industry & Financial Markets Association.

Marcy will be working directly with Quest’s Sales and Marketing Team to aggressively expand Quest’s market share in the continuing education arena .leading Quest to become the premier provider of compliance technology solutions.

Marcy resides in San Rafael, CA with her husband Peter and daughter Marley and their chocolate lab Maggie. She is active in her community as a volunteer and is a member of the National Charity league.

Marcy can be reached by phone at 877-593-3366 or mkalat@questce.com.

About Quest CE:
Quest CE offers customized continuing education and online compliance management programs to financial service firms across the country. With over 100 clients in the insurance, mutual fund, broker-dealer and banking industries, Quest has the resources and expertise necessary to create and administer successful training programs for organizations of all sizes. For more information about Quest CE you may also contact Quest CE at 877-593-3366 or visit our website at www.questce.com.

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Business, Financial, Financial Services, Investment, Money

Murphy Business & Financial Corporation, one of the largest and most successful firms specializing in selling private businesses, franchises, and commercial real estate in the nation, today announced it has opened a new office in Washington, VA

New Virginia location will help better serve the company’s extensive Business Brokerage market Washington, VA – February 2, 2009 – Murphy Business & Financial Corporation, one of the largest and most successful firms specializing in selling private businesses, franchises, and commercial real estate in the nation, today announced it has opened a new office in Washington, VA. The strategic location and the addition of Brad Barnes, senior financial professional and Business Broker, whose extensive knowledge of private business transactions will allow the company to better serve business owners and buyers in Culpeper, Fauquier, Rappahannock and Warren counties in Virginia.

Brad Barnes has 14 years of comprehensive professional experience in all phases of M&A transactions, corporate finance, internal cost control, valuation, as well as organizational management. Mr. Barnes is a graduate of the Goizueta School of Business, Emory University with a degree in Finance.

Murphy Business & Financial Corporation’s new office is located at 360 Gay Street Washington, VA 22747, and can be reached by phone at (540) 675-1010.

About Murphy Business & Financial Corporation
Founded in 1994, Murphy Business & Financial Corporation, the “Nation’s Premier Brokerage Firm”, is one of the largest and most successful business brokerage firms in the nation with offices conveniently located throughout the United States. Murphy Business & Financial Corporation has unsurpassed access to buyers and sellers nationwide, and its proven process and system provides clients with the means to achieve their goals through a more successful and confidential business transaction. The company provides comprehensive Business Brokerage, Franchise Sales, Merger & Acquisition, Valuation, Commercial Real Estate, Machine and Equipment Appraisal and Business Consulting services. For more information about Murphy Business & Financial Corporation visit www.murphybusiness.com.

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Checking & Savings, Financial, Insurance, Investment, ISAs, Money

The sixth annual survey from LV= insurance and investment group, on the Cost of a Child, shows that parents could spend £193,772 raising a child up to the age of 21

The sixth annual survey from insurance and investment group LV= on the Cost of a Child, shows that parents could spend £193,772 on raising a child up to the age of 21. This is equivalent to £9,227 or £25 a day.

The survey by the UK’s largest friendly society shows that the cost of raising a child has increased by 4% since the last survey in December 2007 and is up 38% over the five years since the survey began in 2003. Childcare and education remain the biggest expenditures, costing parents £53,818 and £50,240 respectively.

Mike Rogers, LV= Group Chief Executive, said: “Every parent knows how their hard-earned savings can dip thanks to eye-watering education and childcare costs. It is also likely to be of little comfort to mums and dads to hear that pocket money costs are at their lowest level since 2004, or that expenditure on family holidays in 2008 was only 4% up on the 2003 cost.”

81% of parents have had to cut back on family expenditure as a result of feeling the pressure financially in the economic downturn. Family activities are the main casualty, with over half of parents admitting to curbing their spending on holidays and short breaks, as well as reducing spend on leisure and recreational activities (52%).

In order to economise, 79% of parents are consciously buying lower cost items and supermarket ‘value’ items. 35% are buying second hand items to help make ends meet, with the same number selling unwanted items to raise money.

The pressure on family finances has also caused 37% of parents to reduce the amount they save regularly. Worryingly, 23% said they have also had to cancel or review their life insurance and income protection cover to help with family budgeting, which could have significant long term implications.

Mike Rogers continued: “Although parents are feeling the pressure financially, it is important they try to look beyond the short to medium term money worries. Life insurance and income protection are more important than ever in the current climate – the financial security of a family could be hugely affected if a parent was unable to work long term because of an accident, illness, or job loss.”

The average household could spend £50,240 on education over their child’s lifetime, including £34,300 on a three year university degree course. This includes tuition fees, travel, books, and living costs, including rent, bills and household items.

The cost of raising a child peaks during the university years, when parents could pay out £13,064 a year. But new parents may also find themselves significantly out of pocket, as the first twelve months of a child’s life could cost £8,853.

Mike Rogers continues: “Our research shows that parents are being very resourceful when it comes to budgeting and cutting back on non-essential spend. Planning ahead is more important than ever though, and saving as much as you can, just a little and often, could help to ease the financial pain.”

Tax efficient savings can make people’s money go even further. Individual Savings Accounts – ISAs are a great way to save and the new LV= ISA savings give parents the opportunity to invest in a fund that suits them, at a time that many are seeing as a good buying opportunity.”

About LV=

LV= is a trademark of Liverpool Victoria Friendly Society Limited (LVFS) and LV= is a trading style of the Liverpool Victoria group of companies. The new LV= brand identity was launched in March 2007.

Liverpool Victoria Friendly Society Limited is authorised and regulated by the Financial Services Authority and entered on the Financial Services Authority Register No. 110035. LVFS is a member of the ABI, AMI, AFS and ILAG. Registered address: County Gates, Bournemouth BH1 2NF.

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Business, Financial, Investment, Money

The Profit-Taker: Solid Advice On The Stock Market

This phenomenal financial game was invented by the author of an international best-seller. A top-ten best-selling author of John Wiley & Sons, New York is raving mad … giving away his new book. Not only is he making a gift of the sequel to his best-selling book… now he includes a ‘Live’ stock market game.

“Why should the billionaires have all the fun?”, says Professor Don Abrams, best-selling author of The Profit-Taker.

“Don’t lose your investing skills during these bad times”, says Professor Smarba, “Hone them!”.

He invented it to reveal the finer secrets of his proven, rapid, money-maker in both good and bad markets. And it’s free… Zip. Zero. Zilch. No registration. No required email. No ‘funny’ paper money. No catches.

The Chicago Tribune says: “THE PROFIT-TAKER: SOLID ADVICE ON THE STOCK MARKET“.

The new free sequel reveals a proven strategy to grow rich – especially for late starters. It is a blueprint that awakens the self-actualizing quest to live long. Thousands are already playing the game. Modestly named ‘The Greatest Game on Earth’. It’s an adventure, not based on guessing – but on newly-gained knowledge. All this on www.profittaker.info.

Is your current investing on a grand, small or academic scale? Doesn’t matter. Is it fun? If not, the author says you’re doing something wrong.

The solution? Discover it here. Now you can control your own destiny…be your own person.

‘The Greatest Game on Earth” allows people the world over the opportunity to relish the ingenuity and pure fun of the Profit-Taker Concept.

The game provides ‘live’ examples for the free book ‘The Profit-Taker Equalizer for the Underdog’.

The game is aimed at investment professionals as well as beginners.

Unlike the ‘usual game’, it is the actual chosen common stock which decides your next move. No rolling of the dice. No dealing of the cards. No spinning of a wheel.

It’s the actual ‘game’ action that opens up possibilities. Opportunities!

Let the good times roll on www.profittaker.info.

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Business, Financial, Financial Management, Financial Services, Funding, Investment, Money

Sameer Al Ansari Of Dubai International Capital Recognised At 2nd Annual Private Equity World Awards MENA 2008

Dubai International Capital LLC (‘DIC’) has announced that its Executive Chairman and Chief Executive Officer, Sameer Al Ansari, was honoured with the ‘Special Merit Award for Outstanding Contribution to the Industry’ at the 2nd Annual Private Equity World Awards MENA 2008 for his invaluable contributions to the regional private equity sector. The coveted recognition from industry peers was presented to Sameer Al Ansari for the second consecutive year at a ceremony held in Dubai.

In addition to recognising Al Ansari for his leading role in the development of the private equity industry, the distinction also reflects the increasingly influential role of Dubai International Capital, the international investment company that Al Ansari helped establish in 2004.

Organised by Terrapinn, a business media company, the Private Equity World Awards MENA 2008 recognises leaders, entrepreneurs, innovators and pioneers in the MENA private equity and venture capital industries.

Sameer Al Ansari said: “It is a privilege to receive this prestigious award for the second year running. It is not only an honour to have been chosen, but the award is a testament to the talent and expertise of DIC’s team who have contributed to building DIC into a well-respected name in the private equity sphere within a span of four years.”

Sameer Al Ansari is the recipient of several accolades, including the ’50 Most Influential People in Private Equity’ by Private Equity International (2007) and the Young Arab Leaders (YAL) Award from Mohammed Bin Rashid Al Maktoum Establishment for Young Business Leaders (2005).

Symon Rubens, Managing Director, Terrapinn Middle East, said: “Terrapinn would like to congratulate Mr Al Ansari on his outstanding work and contribution to the private equity industry. Our mission is to identify and reward those individuals, teams and companies who have demonstrated an unparalleled ability to succeed and it gives us great pleasure to celebrate their remarkable accomplishments.”

Under Al Ansari’s leadership, DIC has emerged as a leading investment company in the private and global equities markets with an outstanding reputation and track record. Earlier this year, DIC was named MENA Private Equity Firm of the Year in the 6th annual Awards for Excellence in Private Equity Europe 2008, organised by Dow Jones Private Equity News.

About Dubai International Capital LLC: 
Established in 2004, DIC is an international investment company with offices in Dubai and London focused on both private equity and public equity. A wholly-owned subsidiary of Dubai Holding, DIC manages an international portfolio of diverse assets that provide its stakeholders with value growth, diversification, and strategic investments. Assets under management total over US$13 billion.

Among the many accolades, DIC’s Executive Chairman and CEO, Sameer Al Ansari, is also the recipient of numerous industry awards including, Special Merit Award for Outstanding Contribution to the Industry for two consecutive years (2007, 2008) by PE World MENA Awards and was ranked as the 11th most powerful Arab in the world by Arabian Business

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Banks, CDs, Checking & Savings, Financial, Investment, IRA, Money

During an economic downturn most investors resort to bank CDs, but CDs may not be the best option considering the low returns they guarantee. Therefore, a more favorable option during this economic downturn could be in an alternative private investment with higher yield and a guarantee

Stock Market Investors Shift From Wall Street To High Yield Investments On Main Street. Most investors traditionally resort to bank CDs during an economic downturn. But CDs may not be the best option considering the low returns they guarantee. Therefore, a more favorable option during this economic downturn could be in an alternative private investment with higher yield and a guarantee offered by a financial company such Integrity Financial AZ based in Sacramento, CA.

Investors across the stock market could soon find a better alternative to the traditional bank CDs in guaranteed return investments, claims Integrity Financial AZ, a leading financial investment company headquartered in Sacramento, California.

Financial companies realize that the current credit crisis is causing an economic downturn as well as apprehension among the investors losing their retirement savings due to the stock market plunge. Analyzing the current scenario, investors are also worried that the stock market may not recover in the near term from the recent “Ticker Shock” being reported minute by minute by the media.

In order to escape the financial morass, “Wall Street investors are scrambling for alternative investment vehicles to recoup their stock market losses in the safest investments possible while at the same time staving off the under-toe of inflation,” says Stanley Paulic, CEO of Integrity Financial AZ, www.IFAZLLC.com, and one of the leading financial companies of the United States. “Finding a high equity yield investment on Main Street to recoup one’s losses is even doable in this economy,” Paulic adds.

“Earning higher yields and a guaranteed rate of return does not automatically correlate to ultra-high risk. It might just mean that it is a better investment vehicle with better margins for investors. After all, what is riskier than Wall Street, especially right now where most investors are suffering from double-digit negative returns?”

“You can earn a guaranteed return with a bank CD, but the return will be low.” His statements are based on the fact that the rate of return for investors on bank CDs is 2-3% during economic downturns.

Company management states that investors can rollover their 401k or transfer an existing self directed IRA to purchase 10% guaranteed investment contracts secured by real estate. Over the long run these contracts earn more in comparison to CDs making such guaranteed investments more preferable.

About Company
Integrity Financial A-Z Company was founded by Steven R. Long, President, and Stanley M. Paulic, Chief Executive Officer, with the vision to create financial independence for internal clients so that they are self-sustaining, self-generating, and self-perpetuating as stated in Latin on the logo. The company aims to provide clients with financial independence assuring high equity yield investments and 10% guaranteed returns, which three to four times the rate of return of normal Bank CDs.

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Financial, Financial Services, Financial Solutions, Insurance, Insurance Services, Investment, Money

LV=, the investment, pensions and insurance group, has revealed that the credit crunch, stock market volatility, and fears of a recession are growing concerns for the nation’s pre-retirement population

Six months after the LV= ‘State of Retirement’ report* first identified the rise of ‘FREDs’ – people approaching retirement who are Facing Retirement Earnings Doubts – new research shows that 69% of pre-retired people are now more concerned than ever about their financial security. This equates to 7.1m people**, an increase of 600,000 since the first LV= ‘State of Retirement’ report was published in May 2008***.

The rising cost of utility bills and food prices remains the biggest worry for people facing retirement, with 71% of those surveyed. However, this is marginally down on six months ago (76%), whereas worries regarding the credit crunch, stock market volatility, and fears of a recession are now all on the increase.

The credit crunch has become a concern in the last six months for an additional 2.1m pre-retired people, making a total of 4.2m. In addition, a further 1.8m people have become more anxious about a recession and a further 1.5m about stock market volatility, totalling 4.5m and 3.1m pre-retirees respectively. Over 50s are also more concerned about job insecurity. These three issues have increased in importance over the last six months, further contributing to the growing number of FREDs.

Despite the increase in those admitting to being more concerned about their financial situation in retirement, 20% are not saving anything towards their retirement, while 51% have not increased the amount they are saving. Of the 10% who have increased the amount they save each month, the average is £225 a month, £35 more than the average monthly amount from the survey six months ago.

Mike Rogers, LV= group chief executive, said: “In just six months the number of FREDs has increased, indicating that pre-retired people across the UK are more concerned than ever about their retirement finances. Unsurprisingly, the credit crunch, stock market volatility, and fears of a recession are now huge issues for these people, along with the perennial concern about the rising cost of living.”

The latest LV= report also shows that the number of people approaching retirement who haven’t taken any form of financial advice about retirement planning has increased to 60%, compared with 56% previously.

Mike Rogers continued: “The FREDs of this world have at least received some small comfort from the recent Pre-Budget Report, with the announcement of increases in both the state pension and pension credit. This goes some way towards bridging the gap between income expectation and reality in retirement, that our survey revealed is an issue for many people.”

All figures, unless otherwise stated, are from online Opinium Research

* Sample size was 1042 adults over the age of 50 years. Fieldwork undertaken 14th – 19th April 2008. ** The over 50s population in the UK is 21,011,000 (Source: Population projections by ONS, 2008). According to the research, 49% of those people are not retired. The research also shows that 69% (7.1m people) agreed they have become more concerned lately about retirement finances. *** Sample size – 1655 adults over the age of 50 years. Fieldwork undertaken 3rd – 9th April 2008.

About LV= LV= is a registered trade mark of Liverpool Victoria Friendly Society Limited (LVFS) and a trading style of the Liverpool Victoria group of companies. LV= employs more than 3,500 people, serves more than 2.5 million customers and members, and manages around £8 billion on their behalf. LV= is also the UK’s largest friendly society (Association of Friendly Societies Key Statistics 2008. Total net assets) and a leading mutual financial services provider. LVFS is authorised and regulated by the Financial Services Authority register number 110035. LVFS is a member of the ABI, AMI, AFS and ILAG. Registered address: County Gates, Bournemouth BH1 2NF.

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Credit Cards, Financial, Financial Services, Insurance, Insurance Services, Investment, Loans, Money

M&S Money urge pet owners to ensure household medication is securely stored following increase in reports of pet poisonings

M&S Money has urged pet owners to ensure medication is securely stored around the house following a large increase in reports of pet poisonings.

The potentially fatal mishap is a growing problem across the UK, with a 34% year-on-year increase in reported cases to Vetfone – a 24-hour advice line available to M&S Pet Insurance customers. Vetfone is manned by qualified veterinary nurses who can give concerned animal lovers immediate advice on a pet’s condition. Around 70% of calls to the service by M&S Money customers are made out of normal veterinary hours.

One of the major increases of poisonings seen involves nicotine-based products, including nicotine patches, chewing gum and inhalers.

The toxic dose of nicotine in dogs is five milligrams per pound pet bodyweight and a dose of 10mg/lb can be lethal. While a cigarette contains 15-25 milligrams of nicotine, nicotine patches can contain much more at between 8-114 milligrams of nicotine and even nicotine inhalers contain around 10 milligrams of nicotine. Signs of toxicity are dose-dependent and include tremors, weakness, depression and vomiting.

Vetfone Operations Manager & Senior Emergency Vet Nurse, Louise O’Dwyer, said:”It is very concerning that there has been such a large increase in reported pet poisonings.

“Nicotine poisoning can be particularly serious. Remember prevention is better than cure, so ensure products such as cigarettes, nicotine patches and gums and even ashtrays containing cigarette butts are kept away from your pets reach.”

M&S Money Insurance Manager, Judith Roberts, said: “Anyone who suspects that their pet has swallowed household medication should first try and identify what’s been eaten, by recovering packaging such as blister packs or boxes and then seek immediate veterinary advice.

“M&S Pet Insurance policyholders can rest assured that a qualified veterinary expert is available round the clock to provide advice and answer questions should a pet become unwell.”

About M&S Money

M&S Money (the trading name of Marks & Spencer Financial Services) was founded in 1985 as the financial services division of Marks and Spencer Group plc. The company is now a top ten credit card provider and the second largest travel money retailer in the UK. M&S Money also offers a range of insurance cover, including home insurance and car insurance, as well as loans, savings and investment products.

In November 2004, Marks & Spencer sold M&S Money to HSBC, one of the world’s largest banking and financial services organisations with over 9,500 offices in 85 countries and territories.

M&S Money has an executive committee comprising an equal number of representatives from HSBC and Marks & Spencer.

The company employs 1,200 staff at its headquarters in Chester, delivering personal financial services to its customers, reflecting the core values of Marks & Spencer – quality, value, service, innovation and trust.

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Business, Financial Management, Investment

Dubai International Capital Adds Strategic Partnership With KEF Holding To Its Portfolio Of Assets In Emerging Markets To Support Expansion Drive

Dubai International Capital LLC (‘DIC’), the international investment arm of Dubai Holding, has announced the acquisition of a 45% stake in UAE-based KEF Holding (‘KEF’) by its Emerging Markets division. KEF is an international award-winning provider of steel castings for valves and pumps serving the oil and gas, mining, industrial, and chemical industries in the Middle East, Asia, Europe, and the United States.

Sameer Al Ansari, Executive Chairman and CEO of DIC, said that, “The acquisition of KEF Holding reinforces DIC’s commitment to investing in outstanding Middle East businesses that combine strong growth potential with an experienced management team – KEF’s team have deep industry knowledge, excellent relationships within the sector and a clear vision for growth.”

Mr Al Ansari stated that he believes that KEF’s founder, Faizal Kottikollon, has in just 11 years built KEF into a significant competitor to European foundries that have been in operation for over 100 years and he pledged his full support for his strategy for sustaining an impressive growth trajectory. He continued, “As part of Dubai Holding, Dubai International Capital can access resources and relationships that are of great benefit to our portfolio companies.”

Established in 1997, KEF Holding, based in the Sharjah Hamriya Free Zone, is the holding company of its two flagship businesses including Emirates Techno Castings (‘ETC’) and JC Middle East (‘JCME’). Collectively, ETC and JCME form the Middle East’s first fully automated foundry boasting a production capacity of 36,000 tonnes per annum. KEF was recognised for its best-in-class practices, as evidenced by their award of Best Foundry in the World by Weir Clear Liquid, a division of Weir Group.

Faizal Kottikollon, CEO of KEF Holding, said: “We are delighted to choose DIC as our strategic partner and shareholder. DIC’s ability to leverage their strong relationships in our key target growth markets, mainly Saudi Arabia and India, will elevate KEF’s ready capabilities and talent. We are confident that with DIC’s market experience and guidance, KEF will be ready for an initial public offering in the near future.”

Anand Krishnan, Chief Operating Officer of Dubai International Capital and acting CEO of DIC Emerging Markets, added: “DIC congratulates KEF on creating its dynamic technology-based platform that will allow it to maximise its full growth potential and capture opportunities in new industries, products and geographies.” He further commented, “DIC is proud to complement its existing portfolio of technical manufacturing companies with the addition of KEF and will strive to add value by building synergies and relationships among all parties.”

About Dubai International Capital LLC
Established in 2004, DIC is an international investment company with offices in Dubai and London focused on both private equity and public equity, with its current CEO beingSameer Al Ansari. A wholly-owned subsidiary of Dubai Holding, DIC manages an international portfolio of diverse assets that provide its stakeholders with value growth, diversification, and strategic investments. Assets under management total over US$13 billion. DIC was named MENA Private Equity Firm of the Year in the 6th annual Awards for Excellence in Private Equity Europe 2008, organised by Dow Jones Private Equity News.

About KEF Holding
KEF Holding is the holding company of Emirates Techno Casting (ETC) and JC Middle East (JCME) based in the Sharjah Hamriya Free Zone. ETC is the flagship business of KEF Holding. ETC manufacturers precision steel castings and distributes its products to the leading market players within the oil and gas, chemical, mining, industrial, and chemical industries.

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Financial, Financial Services, Forex, Investment, Money, Trading

Crisis period has become a trial for most financial companies, and also their clients. North-West Financial Broker Company offers the best conditions on forex market to their clients

NWFBroker offers the best conditions on forex market for clients during the financial crisis period.

There is every-day quotes delivery to the terminal, which allows trades to be well informed about current situation on financial markets every single moment. In addition, the Company charges 11% of annual to a free deposit, which is also a certain bonus for the Company’s clients. Lowest deposit is 100$. They offer over 500 tools for work.

The Company always improves the quality of the services they offer in order to make trade operations keeping easier. The clients have a possibility to get an interest free credit for transactions. Trader can get the needed information by means of sms at any time even without being near a trade terminal. Newswire of high quality from the leading global agencies, access to the most topical news, and also direct analytical support will facilitate the work on financial markets.

 

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Banks, Financial, Financial Services, Home Equity, Interest Rate, Investment, Loans, Money, Mortgage

Despite the economic gloom, Wednesday’s base rate cut could stimulate the economy – and it does hint that the Monetary Policy Committee sees the threat of inflation as lessening, says financial solutions provider Think Money

Responding to the half-point cut to the Bank of England’s base rate, financial solutions company Think Money welcomed its already noticeable impact, and pointed to the implied likelihood of future cuts.

“There’s no question that we’re facing extraordinary issues today, both globally and nationally,” a Think Money spokesperson commented. “As a company, we were pleased to see the Bank of England taking this step – not just dropping the base rate, but dropping it by a substantial amount.

“Furthermore, we’re delighted to see major mortgage providers passing that reduction on to consumers. After so many months of negative news, this could make a big difference to many homeowners’ financial circumstances, as their variable rate mortgages drop from 7% to 6.5%.”

Anyone with a tracker mortgage, meanwhile, is sure to enjoy lower payments at once: The Times predicts immediate benefits for around 4 million people paying home loans that track the Bank’s base rate. ‘Those with a £150,000 mortgage’, it reports, ‘will see their interest-only repayments fall by £63 a month’.

“The same goes for other kinds of credit,” the spokesperson continued, “from secured loans to credit cards: people with tracker deals will certainly profit from the cut, and borrowers with SVR deals will be following their lenders’ reactions closely.”

New fixed-rate loans could also drop in price. “Now that the cost of credit has come down, lenders will be able to pass the savings on, giving their customers a better deal without placing their own profits in jeopardy – something which could have a profound impact on their stability at a time like this.

“Looking beyond the actual cut,” the spokesperson stressed, “it’s equally important to consider the implications – not just what the deal means, but what it says about the Bank of England’s assessment of our economy. First, the cut reveals how seriously it is taking today’s financial troubles. Second, it implies that the Bank is feeling more comfortable about inflation.”

As stated in the Bank’s news release about the rate cut: ‘The recent intensification of the financial crisis has augmented the downside risks to growth and thus has diminished further the upside risks to price stability’.

“In other words, today’s financial crisis has become more of a threat to the nation’s GDP – but on the plus side, slowing growth does tend to slow inflation too. The Bank may well have liked to postpone the base rate cut until inflation came down closer to the 2% target, but given the choice between letting the economy deteriorate and losing some ground in the fight against inflation, it chose the latter.”

As for the months ahead: “The latest BRC-Nielsen Shop Price Index (SPI) for the UK reveals that annual shop price inflation shrank to 3.6% in September, down from 3.8% in August. It’s encouraging to see inflation on the way down, particularly as it gives the MPC more leeway when it comes to future base rate decisions. Various influential bodies are calling for the Bank to make further cuts to the base rate – and there’s reason to hope it’ll be able to do that.”

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Business, Escrow, Financial, Financial Services, Financial Solutions, Investment, IRA, Money, Personal Finance, Retirement

Sunwest Trust, which manages retirement funds for self-directed IRA investors, has continued to expand despite the uncertainty on Wall Street

Sunwest Trust, Inc. the New Mexico Company that acts as an escrow agent and self-directed IRA custodian, claims the self directed IRA funds placed with their firm are FDIC insured through local banks. Sunwest Trust further claims that it is financially sound and is not directly affected by the day-to-day volatility of the stock market. Since Sunwest Trust’s clients are self-directed, their investments are under each client’s direct control and are diversified in non-traditional assets, which are not directly indexed to the ups and downs of the stock market.

“With the current economic scenario being what it is, clients are naturally concerned about the security of their retirement money,” says Terry White, CEO of Sunwest Trust. “Large financial institutions including banks and lending agencies failing at regular intervals make headlines in the print and electronic media quite often, thus creating a suspicion in the mind of the clients about the security of their investments,” White adds.

Sunwest Trust deposits the IRA funds received from its clients into FDIC-insured banks. Although Sunwest Trust, Inc. only requires a minimum account balance of $400, “with the recent passage of the Financial Rescue Legislation this month, Individual Retirement Accounts (IRAs) are now insured by the FDIC up to $250,000 until December 2009,” says White, CEO of Sunwest Trust, Inc., as he attempted to avert growing suspicion among customers on the fate of their deposits.

Sunwest Trust is currently serving 14,000 individuals and companies and covering assets to the tune of $1 billion. “In August, the company had a record-breaking month, in terms of opening new accounts, and September is not far behind. The achievements during both these months were higher than the previous record, which was set in April, 2007,” states Terry, projecting an attractive picture of the company’s achievements.

Company management has very high expectations for making the current year the greatest in its 21 years. The company also claims to have achieved a growth rate of 15% annually and to have provided high-quality services to its customers.

In the world of finance, fortunes are often made in down markets. One only needs to use foresight and fortitude to make the right decisions in time. Retirement plans can succeed with diversification plans. “The self directed IRA could well be one of the best ways to achieve success with post retirement investments,” adds White.

Although the stock market may fluctuate and credit may tighten, it doesn’t mean that the avenues for lucrative investments are all closed. Diversification continues to be paramount to a successful retirement plan, and having a self-directed IRA may be central in achieving this. For example, with real estate property values nearing all-time lows this may be an excellent time to purchase property as part of one’s IRA.

About Sunwest Trust, Inc.
Sunwest Trust is an independently owned private company which offers self-directed IRA custodian and escrow services. The company offers a huge range of financial services providing post retirement benefits, private mortgages, real estate contacts and other related fields for its clients. FDIC insured banks back the self directed IRA funds of their clients.

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Highway Insurance Group Acquired by LV

LV=, the UK based insurance, investment and pensions group, has announced its acquisition of the Highway Insurance Group, which includes Highway Insurance and Hero Insurance Services, further expanding the fast growing general insurance division of LV=.

The initial offer of 73.35p per share, which was recommended by the Highway Board, was made in August. Highway shareholders also received their interim dividend of 1.65p, payable at the start of October 2008. This gives an overall value of the entire issued share capital of Highway of £150m.

Fenchurch Advisory Partners acted as exclusive financial adviser to LV while Shore Capital Stockbrokers acted as corporate broker to LV=.

Mike Rogers, Group Chief Executive of LV= said: “We are pleased to have completed this deal quickly and we look forward to welcoming Highway into the LV= Group. This acquisition makes sound strategic sense and will assist us in our stated ambition to become a top five insurer in our chosen markets by 2012.”

He continued, “Highway is highly complementary to our existing general insurance operations and will provide a strong platform for growth. Putting the strengths of LV= and Highway together will enable us to compete even more effectively in the insurance broker market.”

Highway Insurance will become part of the LV= General Insurance business which is led by Managing Director John O’Roarke, who formerly headed up the Churchill and RBS Insurance businesses.

Andrew Gibson, Chief Executive of Highway, will be staying on in an advisory capacity until the end of the year, when he will be leaving to explore opportunities outside the LV= Group.

As LV= is a mutual organisation, owned by its members, Highway Insurance will be de-listed from the London Stock Exchange in due course.

About LV=:

LV= is a trademark of Liverpool Victoria Friendly Society Limited (LVFS) and LV= is a trading style of the Liverpool Victoria group of companies. LV= employs over 2,700 people, serves more than 2.5 million customers and members, and manages more than £7.7 billion on their behalf. LV= is the UK’s largest friendly society and a leading mutual financial services provider, providing home insurance and car insurance well as travel and pet insurance direct to consumers. It also offers insurance products exclusively to brokers via the Highway and ABC Insurance brands.


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Dubai International Capital has appointed David Smoot as Managing Director of DIC private equity

Dubai International Capital LLC, the international investment arm of Dubai Holding, announced that it has appointed David Smoot as Managing Director of Private Equity. David will be based in Dubai and report to Sylvain Denis, Chief Executive Officer of DIC Private Equity.

David, aged 38, joins Dubai International Capital from Morgan Stanley Private Equity, where he was a member of the investment committee who led portfolio investments and helped to build a 35-person team located in New York and London. Key transactions include the acquisition of Tops Markets from Royal Ahold and the firm’s co-investment with JLL Partners in the acquisition of McKechnie Aerospace.

David has a 14-year track record in investment banking and private equity, of which 11 years were spent with Morgan Stanley. Before co founding the Private Equity Group he was Managing Director of Financial Sponsors at Morgan Stanley, where he advised clients including Bain Capital, Blackstone, First Reserve and Warburg Pincus on M&A, IPOs, debt and equity financings. Before joining Morgan Stanley, David spent three years at Salomon Brothers where he specialised in energy and chemicals investment banking.

Sylvain Denis, Chief Executive Officer of Dubai International Capital Private Equity said, “David has exceptional experience and relationships in the private equity field as well as expertise in building a best-in- class team. I look forward to working with him on the development of our growth strategy for DIC’s business in North America.”

David Smoot, Managing Director, DIC Private Equity commented, “Since its launch in 2004, DIC has made outstanding progress in building a profitable business that manages combined assets in excess of $12 billion. DIC’s Private Equity division has established a strong reputation as a specialist in European secondary buyouts and I look forward to working with Sylvain to expand the portfolio in North America.”

David Smoot’s appointment as the managing director of DIC private equity comes shortly after DIC and its CEO, Sameer Al Ansari, was named MENA Private Equity Firm of the Year in the 6th annual Awards for Excellence in Private Equity Europe 2008, organised by Dow Jones Private Equity News.

About Dubai International Capital:
Established in 2004, DIC is an international investment company focused on both private equity and public equity, with its current CEO being Sameer Al Ansari. A wholly-owned subsidiary of Dubai Holding, DIC manages an international portfolio of diverse assets that provide its stakeholders with value growth, diversification, and strategic investments. Assets under management total over US$12 billion.

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Quest CE moves to larger offices in Milwaukee’s Two Park Plaza to keep pace with the company’s vigorous growth

Quest CE the nationwide provider of continuing education and compliance solutions for financial services professionals, today announced it will be moving to new corporate headquarters. The move to new offices in Milwaukee’s Two Park Plaza will accommodate Quest CE’s current staff and make room for expansion to keep pace with the company’s vigorous growth.

“Quest CE’s service and technology orientation and emphasis on client service have provided a solid foundation for our tremendous growth,” said Alan Krenke, Quest CE’s President and CEO. “Our continued success relies on our ability to provide products and services that innovate while maintaining the customer service that we are known for. We’ve developed our new headquarters to be both functional and to inspire so we are able to attract and retain the service-oriented professionals who are central to our continued success.”

Quest CE’s new headquarters offers a modern and open layout. All combine to create a working environment that fosters creativity and the open exchange of ideas among Quest’s staff and between Quest and clients.

Initially, Quest CE is occupying 6,000 square feet of the 18,000 square foot 10th Floor of Two Park Place, with options to expand as the company continues to grow. Quest will begin operating out of its new headquarters on Tuesday, September 2, 2008. The company’s new address is:

Two Park Plaza
10850 W Park Place
Suite 1000
Milwaukee, WI 53224

Telephone and fax numbers.
Toll Free: (877) 593-3366
Local: (414) 375-3400
Fax: (414) 375-3449

About Quest CE
Quest CE is a nationwide provider of continuing education and compliance courses to licensed professionals and financial planners. Each year Quest CE delivers over 150,000 continuing education courses either over the Internet or through live CE training. To find out more information about Quest’s Corporate Discounts and large volume orders go to the company web site at www.questce.com or call 877-593-3366.

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Welcome to EPR Financial News.

EPR Financial News is a new blog, part of EPR Network, that is going to be focused on and will be covering the financial news and stories from press releases published on EPR Network.

EPR Network (EPR stands for express press release) is one of the nation’s largest press release distribution networks on Web. The EPR’s nationwide network includes 12 State based PR sites, one major PR forum and a number of industry specific PR blogs and what started as a hobby on Internet years ago turned out to be a rapidly growing business today. EPR Network is also known as one of the most trusted (human optimized, published, edited and monitored, spam/scam/low quality PR content free) PR sites on the web with more than 10,000 company and individual press releases distributed per month. EPR Network is putting your press releases on top of all major search engines’ results and is reaching thousands of individuals, companies, PR specialists, media professionals, bloggers and journalists every day.

EPR Network has thousands of clients around the world including global 500 corporations like Hilton Hotels, Barclays Bank, AXA Insurance, Tesco UK, eBay/Skype, Emirates, just to name a few. The network’s PR web sites are currently reaching from 150,000 to sometimes 500,000 unique visitors per month while our viral reach could possibly go to as much as 1M people per month through our presence across various social media sites. EPR Network was established in 2004 and as of May 2008 it had more than 800,000 press releases (pages) published on its network.

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