View more on these topics

Challenger International – Challenger Open Annuity

Tuesday, December 18, 2001.



Type: Investment-linked annuity.

Minimum investment: £250,000.

Minimum age: 50.

Income frequency: Monthly, quarterly, half-yearly, annually.

Charges: Initial 2.25 per cent, annual 1.5 per cent.

Options: None.

Commission: Initial 1 per cent, renewal 0.5 per cent.

Tel: 01243 520020.

Recommended

CML surprised by Government decision

The CML says it was surprised by the announcement made by Treasury economic secretary Ruth Kelly that she intends to include advice in the regulation of mortgages. A spokesman says as late as last week FSA managing director John Tiner gave no indication of the change in policy when he spoke to the CML&#39s annual […]

Chilton quits Savills &#39to seek fresh challenge&#39

Leading IFA mortgage commentator and FPD Savills managing director Mark Chilton has quit the firm by mutual agreement.He had been with Savills since the firm&#39s inception in February 1997.Savills says Chilton left on December 14 by mutual agreement to seek a fresh challenge and is not being replaced. It says he is taking a break […]

GISC will assist in transition

In its response to the Treasury&#39s statement regarding the future of insurance regulation, GISC says it will continue in its current role until the FSA takes over.The Government called upon GISC to work closely with the FSA in creating the new regulatory regime, saying it will need to benefit the customers without loading the industry […]

Pharmaceutical giant to follow Unilever to Merrill Lynch

Pharmaceutical giant AstraZeneca is set to be the next company to demand compensation from Merrill Lynch Investment Managers, for the poor performance of its pension fund in the 1990s.The news follows the recent eight week court battle by multi-national conglomerate Unilever against MLIM, which eventually saw the two settle out of court for a reputed […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment