View more on these topics

CGU offers hybrid bond




Type: Single-premium hybrid investment offering unitised with-profits and unit-linked funds.

Minimum investment: £5,000.

Fund links: UK equity, managed, international, index-linked, Pacific, Japan, unitised with-profit, long gilt portfolio, property, fixed interest, European, American, secure growth, convertibles, guaranteed and income. There is also a choice of five investment portfolios designed to match client&#39s risk profile – guaranteed security, balanced security, with-profit, managed and income.

Allocation rates: Investments of £5,000 to £49,999 – 100 per cent and £50,000 plus – 100.5 per cent.

Charges: Annual – unit-linked 1 per cent, guaranteed 1.25 per cent, unitised with-profits nil. Also additional annual charge payable for first five years – investments up to £10,000 – 1 per cent a year, £10,000 plus – 0.5 per cent a year. Surrender – 5 per cent in years one to three, 3 per cent in year four and 1 per cent in year five.

Switches: One free fund switch a year otherwise £15.

Options: Regular withdrawals up to 10 per cent a year penalty free, additional life cover with options to increase cover in the event of marriage or child birth.

Special offer: 1 per cent extra allocation.

Offer period: Until further notice.

Commission: 4 per cent plus uplift.

Tel: 01904 452476.


Capel Cure Myers predicts US profits recession

Fund manager Capel Cure Myers says that the soft landing in the US that many expected to see next year could turn into a hard landing.The fund manager adds that while the US economy is by far the strongest in the world, &#34corporate America now faces the prospect of a profits recession and it will […]

CGU launches Portfolio Bond

CGU has unveiled its Portfolio Bond offering a range of unit linked funds including unitised with-profits. Most of its features are taken from the former General Accident bond although it also provides access to the income portfolio which is linked to the former Commercial Union monthly income plus unit trust.The performance of this has been […]

Scottish BS fixes for three years

Scottish Building SocietyFIXED RATE MORTGAGEFixed term: Three years.Fixed rate: 6.25 per cent.Minimum loan: None.Maximum loan: Up to 90 per cent of valuation subject to a maximum of £150,000.Income multiples: Three times principal income plus second or 2.5 times joint.Arrangement fee: None.Redemption fee: 5 per cent in first five years.Conditions: Property must be in Scotland.Introducer&#39s fee: […]

Lambeth offers new four year mortgage

Lambeth Building Society has announced a new four-year capped rate mortgage backed up with improvements to its five-year product.The four-year product, capped until 1 November 2002 has an initial payable rate of 6.5 per cent with an income multiple of 3.5. The initial rate on the five-year product is now 6.25 per cent with the […]

How to balance bottom-up with top-down research in constructing multi-asset credit portfolios

In this short video, Azhar Hussain, head of global high yield at Royal London Asset Management, explains how his team balance bottom-up with top-down research in constructing multi-asset credit portfolios. Watch the video in full The value of investments and the income from them is not guaranteed and may go down as well as up […]


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 thought leadership.

    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