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£5 cap on broker fees removed

The Treasury is removing the Consumer Credit Act&#39s £5 cap on fees for advice given by intermediaries which does not lead to the client taking out a mortgage.

It says this is because there will be occasions when the appropriate advice is not to take out a mortgage, but it says the FSA will be able to introduce rules to ensure consumers are protected.

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Bristol & West – Global BGEB TOISA 7 Year Issue 1

Wednesday, August 7, 2002Type: Tessa only IsaAim: Growth linked to the FTSE 100, Nikkei 225, SMI andS&P 500 indicesMinimum investment: Lump sum £1,000Maximum investment: £9,000Catmarked: NoInterest rate: 4% gross a yearCharges: ImplicitWithdrawal penalties: No withdrawals permitted during termCommission: Initial 3.5%Tel: 0845 1110118

PMI firms say they will survive gene test era

Private medical insurers have rejected a prediction by Nobel Prize-winning scientist Sir Paul Nurse that the individual PMI sector will disappear within 50 years.Nurse, a leading researcher and joint head of cancer charity, Cancer Research UK, said this week that advances in genetic testing will make the PMI market redundant within 30 to 50 years.But […]

Zurich bond provides a la carte menu

Zurich International Life has established the wealth account, a single premium offshore bond that provides access to 130 funds from a range of fund management groups.The bond offers funds from management groups such as Artemis, Framlington, Jupiter and New Star. Policyholders can select up to 30 funds at any one time.The bond is available in […]

nvesta bond doubles as Isa

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Leading Edge June – Investment panel debate

RLAM’s asset class specialists discuss some of the findings from the panel session at our recent Investment Conference. By Rob Williams, Head of Distribution Welcome to the latest edition of Leading Edge. It has been an eventful six months since the last e-zine. The European Central Bank announced ongoing stimulus measures, while the immigration crisis in Europe threw the […]

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