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AIG Life adds to fund range

AIG Life has promoted ten specialist investment funds to its best of breed Active Access fund range and demoted four others for under performance or different investment objectives.

The provider says the changes bring the total available in the external fund links range to 79 all of which it says have been selected to give professional advisers more choice and investment portfolio diversification options.

AIG Life head of fund research Paul Higginbotham says: “The new funds offer excellent potential within the IFA sector, having shown consistent relative performance and proven processes.”


Close moves in on property

CLOSE PROPERTY INVESTMENT PROPERTY INVESTMENT PORTFOLIO Type: Offshore fund of funds Aim: Growth or income by investing in property funds Minimum investment: Lump sum £11,000, $15,000, euros 16,000 Place of registration: Isle of Man Investment split: Choice of freehold income trust, capital appreciation trust, active commercial estates plc, healthcare and leisure property fund, Close high […]

Are IFAs past their sell-by date?

Last year&#39s acquisition bonanza has virtually fizzled out, leaving parent-seeking IFAs left without buyers. After three years of bear markets, prospective buyers no longer have big appetites for making acquisitions and there is a glut of IFAs looking to sell, stemming from concerns over the costs of administration, regulation and professional indemnity insurance.Aegon has so […]

Insight appoints new members to sales team

Insight Investment has appointed two new members to its retail sales team. Neal Bailey joins as head of IFA sales from money management company Lord Abbett, where he was marketing director. He will report to business development director Gordon Phillips. Jeremy Barnett joins as regional sales director, reporting to Bailey. Previously, he has held positions […]

NAPF launches multi-employer pensions scheme plan

The NAPF has launched a new initiative to help Britain’s smaller employers offer their staff workplace pensions.A new working group will investigate ways to encourage multi-employer pension schemes that reduce the cost and administrative burden of pensions provision for smaller companies who find it difficult to offer an occupational pension scheme on their own. NAPF […]


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