Tuesday, March 5, 2002Type: Guaranteed growth bondMinimum-maximum investment: £3,000-no maximumTerm: Five yearsCharges: ImplicitReturn: Up to 200% of average growth in HSBC UK growth& income, JPMorgan Fleming premier equity growth, NewStar UK growth, Newton income, Norwich Union European equity andThreadneedle American select growthGuarantee: Choice of 80%, 90% or 100% of capital returned in full atend of […]
Bradford & Bingley's specialist lending arm Mortgage Express is launching a new internet service for IFAs allowing them to conduct business online.Mx-online provides quotations, automated decisions in principle and allows submission of applications and “real time” case tracking.Advisers can also develop online buy-to-let portfolios for clients such as landlords. Client details are stored so only […]
Tax experts have dismissed calls from Opposition MPs, unions and the pension industry to reinstate advance corporation tax credits on pension schemes, claiming such a move would fall foul of a European Court of Justice ruling.Despite intense lobbying by opponents, including Lab-our MP Frank Field, for a full or partial reinstatement of ACT credits abolished […]
Reform of the minimum funding requirement may be the first good news that final-salary pension schemes have had in a long time but many people in the industry believe it does not go far enough to be their saviour.In the face of a tide of highprofile final-salary closures, the Government hopes the proposals will go […]
At the beginning of 2015, we highlighted that the new pension freedoms that come fully online on 6 April also represent a very attractive opportunity for the criminal fraternity to scam savers out of some, or all, of their accumulated retirement savings.
A new survey from financial services group ING has revealed which countries worry the most about saving for their financial futures. In the polling of 15,000 people covering Europe, the USA, and Australia, ING found that having enough money in retirement was a worry shared by the majority, even where their country had a strong social […]
The Investment Association has launched new guidance to help fund managers communicate their strategies and technical terms with consumers. According to consumer testing carried out in partnership with The Wisdom Council, three quarters of investors struggle with technical terms, while others have difficulty understanding a range of commonly-used terms. Less than half are able to […]
Schroders has entered the financial planning market as part of its new tie up with Lloyds. During the second half of they year, and subject to regulatory approval, the pair plan to launch Schroders Personal Wealth. The service will start off as only available to current Lloyds Bank Private Banking and Bank of Scotland Private […]