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Arc Capital & Income – Arc Fixed Income Plan 2

Arc Capital & Income

Arc Fixed Income Plan 2

Type: Capital-protected bond

Aim: Income linked to the performance of the FTSE 100, S&P 500 and Nikkei 225 indices

Minimum-maximum investment: £4,000-£2m, Isa £7,000

Term: Five years

Return: 9% a year or 0.73% a month

Guarantee: Original capital returned in full provided the indices do not fall my more than 30% without returning to at least their original values
Closing date: October 24, 2007, October 17, 2007 for Pep?isa transfers

Commission: Initial 3%

Tel: 0845 890 8915


Mortgages Plc to withdraw adverse buy-to-let products

Merril Lynch subsidiary Mortgages plc has announced it will be pulling all of its adverse buy-to-let products from October 2.The lender, which has made numerous criteria changes over the last two months, recently announced it was suspending all heavy and unlimited adverse business.Mortgages plc has also reduced maximum LTVs on self cert products from 85 […]

ABI publishes new PMI guidelines

The Association of British Insurers has published new PMI guidance updating definitions of medical terms used in all PMI policy documents and information and has added new guidelines on explaining cancer cover.The revised definitions were developed with the industry and other relevant groups including the charity Cancerbackup. The ABI says the definitions and guidance will […]

Scott White to join Martin Currie as director of comms

Standard Life’s head of media relations Scott White is joining Martin Currie as director of communications on November 1.White has been head of media relations at Standard Life since 2004, overseeing the successful communications plan around Standard Life’s demutualisation. Before that, he spent 13 years at Aegon and seven at Guardian Royal Exchange.He will take […]

Global income: preparing for a rate rise…

In the five years since we launched the Artemis Global Income Fund, its manager Jacob de Tusch-Lec has built a distinctive portfolio that is first among its peers. Here he explains why his “quality, cyclical and value yield” stocks, and flexible approach, leave the fund better placed to benefit from uncertainty than funds that depend […]


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