360investgroup FSA sparks row after rejecting MPs’ call to delay savings sale reforms

360investgroup

A major row broke out today between the powerful head of the Treasury Select Committee and the City regulator after the Financial Services Authority dismissed MPs’ calls to put off radical changes in how savings are sold for a year.

The select committee’s report on the Retail Distribution Review was released under embargo last Thursday to appear in Saturday’s newspapers.

It argued that financial advisers need more time to get to grips with the FSA’s new rules which come into force at the start of 2013.

The FSA dismissed this idea within hours of the report being received by journalists

To continue to read this article visit: http://www.thisislondon.co.uk/standard-business/article-23971962-fsa-sparks-row-after-rejecting-mps-call-to-delay-savings-sale-reforms.do

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360InvestGroup welcomes FSA warnings with regards to Carbon Trading

360investgroup

 

http://www.telegraph.co.uk/finance/newsbysector/energy/8678427/FSA-alert-over-carbon-trading-scams.html

360 Invest Group welcomes the recent warning issued by the FSA regarding carbon trading scams:

Remember what you get when purchase carbon credits through 360 Invest Group:

  •     wholesale prices direct from VCS projects
  •     minimum trade size to ensure ability to sell in the future
  •     professional entry/exit advice from a team of experienced OTC carbon traders
  •     all financial transactions carried out through UK solicitors regulated by the UK
    Law Society
  •     Banking through Barclays Bank UK
  •     Fully SIPP Compliant

 Beware of imitation companies offering unverified credits, short term profits (18-24 months is realistic) and unrealistically high returns.

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360investgroup Eco Porsche Dream

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 Porsche Eco 918 Spyder achieves 78 MPG

 

We can all dream – but the message behind this is that all Motor Manufacturers are looking towards  the future – and those who could – would have  such a vehicle. (Would be interesting to see the VER offsettings against this)

“For my part  -my little congestion charge beating Piaggio scooter  will have to suffice until I win the lottery”.360investgroup

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360investgroup  markets as of 3rd August 2011

 

Market News and Views

The FTSE 100 is called to open lower this morning tracking the falls on Wall Street
and in Asia overnight on concerns over the state of the global economy despite the Senate approving the US debt plan. The gold price is trading around a record high is a consequence with investors focusing on forthcoming economic data and the continuing raft of UK corporate results (see below) including Standard Chartered later this morning. Ex-dividend factors will take off nearly 20 points from the FTSE 100 Index today with the likes of Shell, BP, Glaxo and AstraZeneca amongst the stocks going XD. Overnight
we had domestic data from the BRC showing that overall shop price inflation fell slightly in July to 2.8% (2.9%) with food price inflation declining to 5.2% (5.7%).

Today’s Company announcements

Legal & General Interim Results saw operating profits down 3.5% at £523m with worldwide sales on an annual premium equivalent up 4% to £920m, which were both higher than forecast. The interim dividend was raised 25% to 1.66p a share and net cash
generation increased 14% to £427m, again both ahead of expectations. Next Trading Statement reports that H1 sales rose 3.2% and reiterated its full year profit guidance. It expects cost price inflation to remain around 8% in the H2  and clearance rates have
been in line with the company’s expectations. GKN Interim Results saw PBT up 12% at £202m on sales ahead 10% at £2.8bn. The dividend is raised from 1.5p to 2p a share and added that it was well-positioned for sustainable growth and further margin expansion.

Markets Results

Markets Summary Previous Change
FTSE 100 5718.39 -56.04
FTSE 250 11188.64 -254.39
Dax 6796.75 -157.23
Dow Jones 11866.62 -265.87
Nasdaq 2669.24 -75.37
S&P 1254.05 -32.89
Hang Seng 21968.94 -452.52
Nikkei 9637.14 -207.45

 360investgroup

Commodities Summary Previous Change
Oil 115.87 0.09
Gold 1661.79 7.74
Silver 40.82 0.24
LME copper 3MO $ 9681.25 1.25

 

Currency Summary Previous Change
£/$ 1.6279 -0.0021
€/$ 1.4214 0.0010
$/¥ 77.17 0.0050
£/€ 1.1449 -0.0026

 

Time Country Indicator Median Previous
9:30 UK Services PMI 53.3 53.9
1:15 US ADP Non-Farm Employment Change 101k 157k
3:00 US ISM Non-Manufacturing PMI 53.8 53.3

 

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360InvestGroup Markets Overview 29th July

360investgroup

 

Market News and Views

The FTSE 100 is called to open lower this morning after the performances on Wall
Street and in Asia in light of the ongoing US debt situation and continuing
concerns about sovereign debt in the euro zone. Overnight we had domestic data
showing that consumer confidence fell more than expected to -30 according
to the latest Gfk/NOP survey in July but the Nationwide reported that
house prices rose 0.2% in the month, cutting the rate of decline year-on-year
to 0.4%. Later in the session we have more figures from the US for
investors to focus on including the Q2 advance GDP data (see below).

Today’s Company announcements

Pearson Interim Results saw adjusted operating profit up 20% to £208m
on sales ahead 6% at £2.4bn with adjusted EPS growing 1% to 16.8p. The
dividend is increased  by 8% to 14p a share and added that whilst market
conditions were anything but easy it had been sufficiently encouraged to raise
its guidance and the dividend. It reaffirmed sales and margin growth for the
full year and expects to achieve adjusted EPS of 80p based on current exchange
rates.

BSkyB  Preliminary Results saw EBITDA rise 19% to
£1.41bn on revenue ahead 16% at £6.59bn. The dividend is raised 20%
to 23.28p a share and it is to return £750m in a share buyback with News
Corporation to participate pro-rata. It separately announced that it and
the BBC have been awarded the live rights to Formula 1 between 2012 and 2018.

Anglo American Interim Results saw underlying operating
profits up 38% at $6.02bn on sales ahead 22% at $18.29bn. The dividend is
raised 12% to $0.28 per share adding that it has the potential to significantly
raise output via a $66bn pipeline of unapproved projects and in the shorter
term plans to increase production volumes by 50% to 2015.

Markets Results

Markets Summary Previous Change
FTSE 100 5873.21 16.63
FTSE 250 11615.57 -34.77
Dax 7190.06 -62.62
Dow Jones 12240.11 -62.44
Nasdaq 2766.25 1.46
S&P 1300.67 -4.22
Hang Seng 22432.34 -138.40
Nikkei 9833.03 -68.32

 

Commodities Summary Previous Change
Oil 117.22 0.01
Gold 1611.95 -1.75
Silver 39.39 -0.24
LME copper 3MO $ 9840.00 26.00

 

Currency Summary Previous Change
£/$ 1.6321 -0.0052
€/$ 1.4293 -0.0040
$/¥ 77.54 -0.1350
£/€ 1.1417 -0.0001

 

Time Country Indicator Median Previous
1:30 US Advance GDP  q/q 1.7% 1.9%
2:45 US Chicago PMI 60.1 61.1
2:55 US Revised Univ of Michigan Consumer Sentiment

 

360investgroup

64.1 63.8

 

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Cube highlights carbon footprint at Leicester university

360investgroup

A house-sized cube has been constructed by University of Leicester to highlight the impact of environmental pollution.

 

The ‘Carbon Cube’ represents the space filled by a tonne of carbon dioxide at standard atmospheric pressure.

It forms part of the university’s Big Green Week, from 25 to 31 October 2010, which aims to promote the importance of cutting carbon emissions.

They hope the week will benefit their ongoing commitment to cut carbon emissions by 60% before 2020.

 

Read the full article on: http://news.bbc.co.uk/local/leicester/hi/people_and_places/newsid_9127000/9127733.stm

360 investgroup the market leaders in Sipp Approved carbon credits 360investgroup

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Electric Car Plans for Estonia

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Electric Car Plans for Estonia


Estonia has announced that it is going to sell 10 million carbon credits to the Mitsubishi Corporation.  There are plans to use the proceeds to establish a network of charging points for electrical cars across the nation.  The sale has been approved by the government.  There are plans to supply approximately 500 Mitsubishi electric cars to the various local authorities in the country, to be used by social workers.  Private citizens will be able to obtain a grant to purchase an electric car for their own use.

Car usage is considered a major contributor to the emission of greenhouse gases into the atmosphere and these measures are to encourage drivers to consider alternative investments in vehicles that do not produce harmful gases.  The plan is for around 1000 electric cars to be in use in Estonia by the end of 2012.
The plans for the charging points include the setting up of 250 charging points in the country.  These will be able to charge the battery up to 80% within 30 minutes.  All major cities and towns will have charging points and there will also be points along the main highways.

The use of electric cars is still very new and Estonia hopes that this is the first step towards saving energy and protecting the environment.  The plan is to rapidly increase the number of electric vehicles that are in use in the country.  Those who may wish to invest in alternative energy projects – such as Carbon Credits should consult with professionals such as 360 Invest Group, who will outline the entire process involved.

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Climate Change Measures

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Climate Change Measures in Ethiopia

A small town located in the Great Rift Valley in Ethiopia has taken its own steps to combat climate change.  The land has been rejuvenated and now participates in the sale of carbon credits.  There is a protected forest area and the Humbo Assisted Natural Regeneration Project is the first major forestry project that has been registered with the United Nations Framework Convention on Climate Change.

The town of Humbo was self-sufficient until drought took its toll and the inhabitants were forced to overuse the natural resources at their disposal.  The forest had all but disappeared and the wildlife had dwindled to almost nothing.  Before the climate change projects began, only 3% of the country’s forests were remaining and reserves of quality drinking water were being threatened.

Areas such as Humbo are at risk of natural disasters that are caused by climate change and it can also affect the livelihoods of the people there.  The region relies on agriculture and floods or drought can destroy all crops.

Carbon credits can be earned by those countries that are actively taking part in forestry development projects.  With the participation in the Humbo regeneration project, there will now be credits worth 338,000 tonnes of greenhouse gases by the year 2017.  Around half of those credits are earmarked for the World Bank’s BioCarbon Fund which will help to provide local communities with another source of income and it is expected that sales of timber in the future will also help them to increase their income.

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Chevrolet Plans for Carbon Credit Spending

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Chevrolet Plans for Carbon Credit Spending

There is some discussion at the moment about the plans by Chevrolet to put $40 million into purchasing carbon credits over the next three years.  The company was bailed out by the US government when the economic downturn took hold and as yet, much of the money has not been paid back.  It is considered that the decision to purchase the  carbon credits is as such for public relations as for concern for the environment.  The brand marketing manager admitted that the aim is for the public to have a different view of the company.

Chevrolet is aiming to be seen as the most environmentally friendly brand at General Motors and this is part of their campaign to achieve that goal.  One of the recent additions to the range of cars produced by Chevrolet is the electrical hybrid known as the Volt.

The alternative investments being made by Chevrolet include the promotion of fuel efficiency in buildings and the promotion of alternative energies such as solar and wind power.  There is a goal in place of reducing carbon emissions by around 8 million metric tons.

The company says that there will be financial benefits for low-income families who will pay less on their fuel bills.

360 invest group market leaders in SIPP approved Alternative Investments

 

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360investgroup – Email Is Not Carbon Neutral

360investgroup – Email Is Not Carbon Neutral

Email is commonly regarded as an energy efficient way to communicate, but since omputers use electricity, the process is far from carbon neutral.  All carbon footprints are estimates, but typical business email use over the course of an entire year may represent as much as 135 kg of carbon dioxide emissions per user.

When it comes to carbon footprints, all emails are not created equal.  While a typical message may represent 4g of carbon dioxide emissions, those with long attachments may cause releases of up to 50g of the climate-changing gas.  A spam email tends to be brief; each one represents only .3g of emissions.

Even though spam emails cause a low amount of carbon dioxide emission per message, they still form a large part of email’s overall carbon footprint.  This is because as much as 78% of all email messages are spam.  Quickly or automatically deleting such messages helps to reduce their overall carbon footprint to 22% of the total for all email.

Despite these figures, email remains far more energy efficient than snail mail.  An average letter has a carbon footprint sixty times that of an equivalent email.  However, the advent of email has made it possible to send far more messages than would have been feasible in earlier eras.  Experts refer to this as the “rebound effect,” which takes place when more efficient technologies cause an increase in consumption.

360investgroup comments -”It remains to be seen if alternative investments can be developed to leverage the rebound effect into investor profits”.

360investgroup one the most influential and innovative companies in the alternative investment and SIPP Approved investment arena. We are dedicated to guiding our  investors through the complex world of alternative investment opportunities that the global markets offer

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