View more on these topics

AIG Life – Capital Portfolio Bond

Thursday, 27 September 2001.

Type: Unit linked bond.

Aim: Income or growth by investing in unit linked funds.

Minimum investment: Lump sum £5,000.

Fund links: Choice of 136 funds from AIG, Aberdeen, Gartmore,

M&G, Newton, Deutsche, Invesco Perpetual, JPMorgan

Fleming, Threadneedle, ABN Amro, Exeter, Fidelity, Jupiter.

Allocation rates: Penalty free charging structure, £5,000-£14,999 –

99.5 per cent, £15,000-£49,999 – 99.5 per cent, £50,000 plus – 99.5

per cent, enhanced allocation charging structure, £5,000-£14,999 –

102 per cent, £15,000-£49,999 – 103 per cent, £50,000 plus – 104 per

cent, total allocation charging stucture, £5,000-£14,999 – 100 per

cent, £15,000-£49,999 – 100.5 per cent, £50,000 plus – 101 per


Charges: Initial 5 per cent penalty free and enhanced allocation

charging structures, annual up to 1 per cent.

Switches: Unlimited switches a year.

Commission: Choice of initial 5.5 per cent, initial 4.5 per cent,

renewal 0.25 per cent, initial 3.5 per cent, renewal 0.5 per cent, initial

2 per cent, renewal 0.6 per cent, initial 1 per cent, renewal 0.7 per

cent, renewal 0.8 per cent.

Tel: 0700 244 5433.


Equitable chief wants Treasury to speed FSA review

Equitable Life chairman Vanni Treves has called on the Treasury to speed up the publication of the FSA&#39s internal review of its handling of the Equitable affair. Speaking at the launch of Equitable&#39s compromise deal last week, Treves said he “hoped it would not be too long” before the outcome of the FSA review was […]

CIS targets IFAs with DC pensions

CIS is moving in to the intermediary market for the first time by offering its range of defined-contribution pensions through IFAs. The company, which has until now operated solely through its direct salesforce, will develop a business arm to distribute corporate pensions through employee benefits consultants. Initially, the group stakeholder and AVCs market have been […]

Life offices could close or merge as the markets slump and liabilities leap

Life offices are facing a financial crisis because of plummeting stockmarkets and soaring liabilities, meaning some could be in danger of closing to new business. The FSA says the financial situation of the life industry is of concern and that it is keeping a “very close eye” on the sector. A report from Cazalet Financial […]

Portal perfection?

Last week saw yet another twist in the tale of consolidation in the IFA technology provider market with the announcement of the agreed takeover of Exchange FS, holding company of the Exchange portal by Marlborough Stirling. Although the Cheltenham-based software company may not be well known to many IFAs, it has a well established reputation […]

Oil industry: only the fittest will survive

The actions of OPEC have forced the oil supply to fall and producers to cut costs and rationalise, says Richard Hulf In an interview with journalist Alexis Xydias, Richard Hulf, manager of the Artemis Global Energy Fund, explains the impact of the fall in the oil price on energy companies. Alexis also quizzes Richard on […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm