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Autif calls for reform of offshore legislation

Autif has called for the abolition or substantial reform of offshore fund legislation in its pre-budget submission. The trade body says the current offshore tax rules are outdated and now unnecessary. The submission also calls for the abolition of Stamp Duty Reserve Tax on fund of funds, which it says renders them at a considerable disadvantage by making them liable to a three-tier stamp duty charge.


Framlington goes for biotech

Framlington Unit Management is taking the pulse of the specialist market with its new biotech fund.Biotech is a unit trust aimed at experienced investors who are looking for a high-risk product for their portfolios.The fund will invest in a portfolio of 80 biotechnology companies, the majority of which are based in the US and the […]

Skandia adds to life cover in bond rebrand

Skandia is rebranding its bond range and offering enhanced additional life cover to investors.Skandia&#39s onshore bond range which includes its investment, capital and income and distribution bonds, will now come under the “multi” banner within its multi-manager fund supermarket.IFA clients can select life cover of up to 125 per cent of the initial investment with […]

IFAP appoints marketing manager

IFA Promotion has appointed Karen Barrett as marketing manager to co-ordinate its advertising, website and direct marketing campaigns highlighting the benefits of independent financial advice.Barrett joins from Abbey National where she spent 18 months working on integrated campaigns for the bank and Safeway. She implemented programmes for the Abbey National cash Isa and Safeway savings […]

Treading the regulation boards

Despite the fact the FSA is often considered as being the single financial regulator, it is only one of many bodies which play a role in overseeing the industry.It is true that at N2 the FSA will replace a number of the regulators currently controlling the various aspects of the industry, such as the PIA, […]


Natixis Global Asset Management’s quarterly Portfolio Barometer offers insights into UK financial advisers’ model portfolios and the allocation decisions they are making. Natixis’s Portfolio Research & Consulting Group works with financial advisers and other intermediaries to analyse and enhance their model portfolios and help them develop investor portfolios suited to today’s complex markets. The Portfolio […]


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