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Aberdeen Unit Trusts offers 0.5 per cent discount on technology fund

Aberdeen Unit Trust Managers is offering a 0.5 per cent discount on the initial charge of its Technology Fund.

The offer applies to all lump sum investments made until September 6.

Aberdeen&#39s managing director Gary Marshall says: &#34Aberdeen Technology has been one of our most popular funds over recent years and has been the best performing unit trust in the whole industry over the last five and 10 years.&#34


NUIF appoints managing director

Norwich Union has appointed Gerard Quirke as managing director for its investment funds division NUIF.Quirke was previously managing director, global services at Invesco. Following Invesco acquisition of LGT Asset Management Quirke co-ordinated the European integration of two groups.Prior to LGT he was finance director at Framlington.NU&#39s chief executive Philip Scott says: &#34Gerard has a proven […]

Leeds & Holbeck Building Society announces 2 per cent rise in profits

Leeds & Holbeck Building Society&#39s pre-tax profits increased 2 per cent to £12.6m in the first half of 1999 from £12.3m over the same period in 1998.The society says the modest increase is a result of it dropping its net interest margin to 1.28 per cent from 1.46 per cent.The society says it took £2.5bn […]

AIG Life cuts charges to be stakeholder compliant

AIG Life is cutting the annual management charge on its personal pension funds to 1 per cent from 1.1 per cent.The move takes immediate effect and applies to both new and existing policyholders.It means AIG now has two versions of the Personal Pension Bond with one version being compliant in terms of charging structure with […]

C&G warns borrowers to be sensible

Cheltenham & Gloucester is warning homeowners not to get carried away with the current housing boom.The lender says the housing market is set to remain buoyant but borrowers need to be sensible and not overstretch themselves.C&G says: &#34Homeowners should still be looking at affordability based on their monthly outgoings and, where possible, building in a […]


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