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Aviva Investors – Adventurous Multi-Asset Fund

Aviva Investors – Adventurous Multi-Asset Fund

Type: Oeic fund of funds

Aim: Growth by investing globally in a multi-asset portfolio of funds and exchange traded funds managed to an adventurous risk profile

Minimum investment: Lump sum £1,000, monthly £50

Investment split: 71% equities, 9% property, 7% bonds and gilts, 4% commodities, 1% cash, 8% other

Isa link: Yes

Charges: Initial 5%, annual 1.25%

Commission: Initial 3%, renewal 0.5%

Tel:0800 015 4773


Barnier: Basel III will not be watered down for bancassurers

The European Union’s internal market commissioner Michel Barnier says Basel III will not be watered down for banks operating with an insurance arm. He made the comments in a statement responding to reports this morning which claimed banks could be allowed to count more of the capital in their insurance subsidiaries toward the new capital […]


Tisa wants business rules eased for online advice

The Tax Incentivised Savings Association is calling on the FSA to relax its conduct of business rules to make it easier to give advice on simple products online. It says the FSA needs to relax the laws on how much information an adviser must gather about a client to enable online simplified advice to work […]

Francis McGee joins Money Advice Service

Former Aegon head of corporate affairs Francis McGee has joined the Money Advice Service’s corporate policy and external affairs team. The Government launched the MAS in April to provide unregulated financial advice online, over the phone and face to face through its 100 advisers. McGee will be responsible for developing the service’s position on new […]


Woolwich slashes Bovis new build mortgage by 1.2%

Woolwich has cut the rate on its Perfect 10 mortgage by 1.2 per cent, from 4.99 per cent to 3.79 per cent. The mortgage, which requires a 10 per cent dent deposit and is available only for purchasing new build properties from Bovis Homes, is a two-year fixed rate with an arrangement fee of £999. […]


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