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AIG adds more funds to Active Access

AIG Life is adding 24 new funds from ABN Amro, Exeter, Fidelity, Jupiter and Threadneedle, to its Active Access range of 33 externally managed funds.

The Active Access range is available on AIG Life&#39s investment and pension products, allowing investors to link their savings to funds from a number of investment houses and across different sectors.

AIG Life marketing manager Alan O&#39Neill says: “Investment houses have been chosen for their performance, consistency and potential and we have selected star managers and links to funds which offer great potential for the future.”


Retirement hardship widening Pensioners and poverty

Three million more people in the UK now face financial hardship in retirement than they did in 1996, according to research from JP Morgan Fleming Asset Management.In its annual survey, the Pension Map of Britain, it found the number facing difficulties when they reach retirement has grown from 9.9 million in 1996 to 12.6 million […]

Police Mutual picks chief exec

Police Mutual Assurance Society, one of the UK&#39s biggest friendlysocieties with assets of over £1bn, has appointed Graham Berville aschief executive to succeed Peter Sharpe. Berville joins Police Mutual fromCGNU, where he was a director in the UK life operation. He was previouslywith the Automobile Association in a variety of roles in its insurance,retail and […]

Gaskin hits out at FSA moves

FSA proposals for mortgage regulation will compromise the independence ofIFAs and intrude on the commercial decisions of lenders, claims TheExch-ange chief executive Jim Gaskin. Speaking at the Council of Mortgage Lenders conference in Birmingham,Gaskin, a former regulator, said he could not see how IFAs can maintaintheir independence if lenders assume ultimate responsibility for theprovision of […]

Norwich & Peterborough – One Year Fixed Rate Bond

Monday, 2 July 2001.Type: High interest account.Minimum-maximum investment: £1,000-no maximum.Interest rates: 5.35 per cent gross a year, 5.22 per cent gross a month.Term: One year.Offer period: Until further notice.Withdrawal penalties: If no notice given, 50 days&#39 loss of interest on amount withdrawn unless at least £1,000 remains in bond.Tel: 0845 3002511.


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