View more on these topics

Cardif Pinnacle Investments – Flexible Corporate Asset Bond

Cardif Pinnacle

Flexible Corporate Asset Bond

Type: Unit linked bond for limited companies

Aim: Growth by investing in choice of three money market funds

Minimum investment: Lump sum £100,000-£10m

Investment choice: Variable rate fund, 30-day notice fund, 90-day notice fund

Switches: Three free switches a year, thereafter £20 each switch

Charges: Management and administration charges implicit, withdrawl charge £30 after one free withdrawal each policy year, surrender charge £30, CHAPS fee £10

Commission: Renewal up to 0.25%

Tel: 0844 543 1007


New offshore tax amnesty

HMRC has announced a second tax amnesty for offshore accounts. People making disclosure face a fixed penalty of 10 per cent.

FSCS issues £406m levy for banking failure

The Financial Services Compensation Scheme has sent invoices to banks, building societies and credit unions for the initial levy of £406m for compensation costs incurred following the five bank defaults of 2008.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm