News in brief:
Nutmeg offering 5,000 – 10,000 Avios if you are referred
Nutmeg is an innovative online wealth management service which offers a fully managed, discretionary, investment service at a far lower cost than its competitors. If you are using St James’s Place, Hargreaves Lansdown etc then the Nutmeg fee structure of 0.3% – 0.95% should be of interest.
Using exchange-traded funds, Nutmeg offers no set fees, no transaction fees, no trading fees, no exit fees and no commission. You only pay your annual management fee. Your Money voted them the ‘best online Stocks and Shares ISA provider’ for 2015.
Nutmeg has launched a special bonus with Avios which can earn you up to 10,000 Avios for opening an account. Full details are here.
What No 1 Traveller is doing at Gatwick North
There has been some confusion online about what is happening underneath the No 1 Traveller lounge at Gatwick North in the old Delta Airlines lounge space.
This confusion wasn’t helped when HFP stated, incorrectly, on Sunday that British Airways was fitting out the space as a temporary lounge to relieve pressure on the No 1 Traveller facility.
This is what is actually happening. No 1 Traveller has taken over the space previously occupied by Delta. This is being converted into its Clubrooms concept – you may remember that I was very enthusiastic when I reviewed the Clubrooms in Gatwick South last year.
Clubrooms allow both large and small groups, from families up to large tour groups, to book a private lounge space of their own or share an exclusive small communal lounge. The full range of No 1 Traveller food and drink is available to order.
As per their website:
The Clubrooms provides the ultimate jet set departure with its hosted table service, hot seasonal dishes freshly prepared in the kitchen, and wide range of wines, beers and spirits. It’s a tranquil retreat with a personal service to match. As the highest tier lounge in the No 1 collection, Clubrooms offers a sophisticated and understated elegance which is perfect for individuals or groups jetting away for a special trip.
The Gatwick North facility is due to open in early April. Some British Airways passengers, presumably ticketed First Class and possibly Gold card holders, will be allowed to use the Clubrooms. It is worth noting, at Gatwick South, that children under 12 are not allowed unless a private room is booked.