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Axa Sun Life launches global distribution fund

Axa Sun Life is adding a global distribution fund to its existing range.

The fund will be available as an Oeic, Isa, life and pension fund. It will consist of both income and accumulation units.

To mark the launch Axa Sun Life is offering investors in the life and pension versions of the fund an additional 1 per cent allocation for investments the first three months from its launch date of September 1.

Investors in the Oeic will receive a 1 per cent discount on the funds initial charge of 3.5 per cent during the first three months after its launch.


North east law firm recruits financial planning team

North of England law firm Dickinson Dees has recruited five financial planning consultants from accountants Arthur Andersen.The team&#39s appointment will enable the firm to offer its clients full in-house independent financial advice.The team will be headed by David Dale who previously headed Arthur Andersen&#39s north of England financial planning division.The appointment of the team is […]

Skipton Building Societies assets jump 16 per cent

Skipton Building Society saw its group assets jump 16.4 per cent for the six months to June 30, 1999.The society now has assets in excess of £4.75bn up from £4.1bn for the same period last year.The society also saw its mortgage balances leap by 10.2 per cent to £3.53bn compared to £3.2bn for the first […]

ABI reports jump in new business figures

New individual life and pensions business leapt 18 per cent during the second quarter of 1999 according to latest figures from the Association of British Insurers.The figures reveal total life and pensions sales were up £1,6bn to £10.3bn for the second quarter of 1999 compared to £8.7bn for the same period last year.Among the highlights […]

Misys buys Financial Options for £40m

Misys has confirmed it is to buy IFA networks Financial Options and Kestrel for £40m.Software giant Misys already owns rival network Countrywide and the move will create the UK&#39s largest IFA with more than 1,300 member firms and more than 2,700 registered individuals.The acquisition means Misys group is likely to gain from increased distribution of […]


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