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Annuity Bureau calls for rule changes

The Annuity Bureau is calling for new legislation to force

investment-linked annuity providers to allow transfers from one provider to

another to provide a lifeline to annuitants locked into poor-performing

funds. The specialist IFA is arguing for the change in light of the poor

deal Equitable Life annuitants receive and also for policyholders opting

for riskier investment-linked annuity products.

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UCB expands buy-to-let range

Nationwide offshoot UCB Home Loans has announced the expansion of its range of products with the two-year fixed-rate buy2let mortgage.The mortgage has an interest rate set at 6.49 per cent for loans of up to 80 per cent of valuation for the first two years. The mortgage comes with a redemption penalty of six months’ […]

Standard Health triple PMI push for staff benefits

Standard Life Healthcare is launching three private medical insuranceinitiatives. It is maintaining its PMI rates for group business for six months untilFebruary 2002 and is extending excesses on its corporate schemes to includea £250 excess which also gives a 30 per cent discount off rates. Thisis in addition to the current £100 excess level. The […]

Independent view

It seems appropriate, shortly after the launch of an ethical index, to adda note of conservation to this piece. Not that I particularly feel like a species under threat – quite thecontrary. It is just that there is so much that we have today but may nothave tomorrow. Extinction has a lot to teach us. […]

Solus – Solus US Select Opportunities

Tuesday, 28 August 2001.Type: Oeic.Aim: Growth by investing in US equities.Minimum investment: Lump sum £500, monthly £40.Investment split: 100 per cent US equities.Isa link: Yes.Pep transfers: Yes.Charges: Annual 1.5 per cent, initial 3.5 per cent.Commission: Initial 3 per cent, renewal subject to negotiation.Tel: 0161 214 6868.  

CGT entrepreneurs' relief

Entrepreneurs’ relief is due, subject to meeting certain conditions, in respect of capital gains arising on ‘material disposals of business assets’. These ‘business assets’ include: Read more

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