View more on these topics

Alliance & Leicester – Extra Income Fund

Thursday, 8th February 2001.



Type: Unit trust.

Aim: Growth and income by investing in corporate bonds and other securities globally.

Minimum investment: £3,000.

Investment split: 100 per cent in corporate bonds and other securities globally.

Isa link: Yes.

Pep transfers: Yes.

Charges: Initial – 4 per cent Pep transfers nil , annual 1 per cent.

Commission: None.

Tel: 0800 0686699.

 

Recommended

Caught in the data act?

Equitable Life and the IFA embroiled in a storm over the release of 450,000 policyholders&#39 details have defended their actions. But City lawyers and the former Data Protection Registrar, now called the Information Commission, believes the move breaks the Data Protection Act. Equitable chief executive Chris Headdon says the company believed it was only supplying […]

Degrees of separation

IFAs are becoming an endangered species – or at least an increasingly elderly one. IFAs and recruitment agencies agree that finding new IFAs is becoming more and more difficult. But while the industry recognises this shortage, firms are reluctant to recruit graduates. Instead, they are all trawling the same ever decreasing pool of qualified and […]

Legal & General – Voluntary Life Assurance Plan

Thursday, 8th February 2001.Type: Term assurance.Minimum sum assured: £10,000.Minimum-maximum term: None.Charges: None.Commission: Subject to negotiation.Tel: 01737 376874. 

Halifax buys Equitable

Halifax has agreed to buy Equitable Life for £1bn, in a deal which could see guaranteed annuity rate policyholders trading their guarantees for upfront bonuses. Halifax will pay £500m for Equitable&#39s asset management business, administration systems and salesforce. Halifax will then pay £250m into the Equitable with-profits fund if the holders of guaranteed annuity rate […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment