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Challenge for pole position

Get on to the grid for the second (and final) lap of our Norwich Union/Scalextric comp etition. Norwich Union is offering Money Marketing readers the chance to win one of 10 Scalextric sets to celebrate its new Managed Portfolio.

The set includes a oval-shaped circuit, two ground- hugging Magnatraction cars – a Ferrari and a Williams Renault – and a Pole Position Sound Control Centre which counts laps, registers the winner and provides crowd noise. For a chance to win these great sets, fax the correct answers to the three questions asked last week plus the three questions below.

1. What nationality is Ferrari&#39s former world champion Michael Schumacher?

a: Austrian

b: Swiss

c: German

2. At what circuit is the British Grand Prix held?

a: Silverstone

b: Snetterton

c: Brand&#39s Hatch

3. Which team does David Coulthard currently drive for?

a: Tyrell

b: Sauber

c: McLaren

Fax your answers, together with your name, address and phone number, to IFA first Scalextric Competition, c/o Rob Davies on 01603 684906 to arrive no later than Monday, November 17. Usual competition rules apply.


ISAs will cap vital savings funds

I am surprised that you see fit to give space to the discussion on exactly how many Pepholders will be hit by the £50,000 cap on ISAs. The real debate should be how many people will be excluded from accumulating savings that they arguably need. A £50,000 cap at current interest rates might imply an […]

A contrast in illustrations

I have every sympathy with your correspondent Anthony Harper who mentioned the contrast between the Standard Life illustration and J Rothschild Assurance. I have recently had reason to compare a pension transfer illustration from Rothschild which showed that a critical yield of 11.15 per cent was needed to match the scheme benefits. Choosing Clerical Medical […]

Murray Johnstone sets up third VCT

Glasgow-based fund manager Murray Johnstone is launching a new venture capital trust. The Murray VCT3 is the fund manager&#39s third venture capital launch since September 1995. It aims to provide investors with a diversified fund and hopes to offer attractive income tax and capital gains tax breaks. Murray Johnstone venture capital trust portfolios fund manager […]

Liberty takes over the rest of Portfolio

Liberty International Holdings is buying the rest of the shares of Portfolio Fund Management and injecting £5m to expand the business. It is buying the remaining 30 per cent after taking a 70 per cent stake in January last year. Liberty says Portfolio&#39s funds under management have grown more than fourfold from £20m to £90m […]

Martin Foden discusses how convenience is affecting the construction of fixed income portfolios

In this short video, Martin Foden, head of credit research at Royal London Asset Management, discusses how convenience is affecting the construction of fixed income 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 and investors may not […]


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