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AIG offers derivative-based funds

AIG Life is launching three new derivative based tracker funds. The funds track the European, American and Japanese indices and are available on AIG Life investment and pension products. All AIG’s trackers use derivatives through a combination of futures contracts and cash deposits. AIG says this means the fund will be exposed to the performance of the underlying equities in the same proportion to the index.


Action on loan shortfalls

The ABI has had a busy 2000 with its involvement in the Raising Standards project and endowment mortgage letters. The launch of the Raising Standards kitemark has been broadly welcomed by the ind ustry, with 78 per cent of the life and pension market clai ming to be willing to seek accreditation under the new […]

Exclusive Connections cap and discount

Exclusive Connections has introduced the exclusive capped rate mortgage. Aimed at first time buyers and people looking to remortgage, the mortgage has a capped rate of 4.99 per cent for the first year of the mortgage. After this term it will have a discount of 1.25 per cent on the current standard variable rate for […]

The pension impact

Scottish Equitable manager (pensions development) Margaret Craig “You can&#39t look back on 2000 without mentioning the S word – stakeholder. “Stakeholder won&#39t just have a huge impact on provision but throughout the year what proved the most amazing thing about stakeholder is its huge impact even before it is launched in April 2001. “I can&#39t […]

IF in online deal with E-Loan

Intelligent Finance has set up a link to internet mortgage sourcing website E-Loan. E-Loan&#39s website will directly connected to IF&#39s on-line mortgage application pages including access to the bank&#39s personal loans, savings, current accounts and credit cards. It will enable E-Loan customers to select a IF mortgage and then apply for an agreement in principle […]


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