The Treasury has announced the latest rules for Child Trust Funds, which will be capped at 1.5 per cent.
First State Investments is kicking off the Chinese New Year by offering a 0.5 per cent discount on entry fees into its Greater China growth fund. The initial cha-rge on the fund, which laun-ched in December, will be 3.5 per cent until April 5. Framlington is cutting by 1 per cent off the 5 per […]
Friends Provident have reported their best new business figures to date, bucking the industry trend and increasing new business by 14 per cent. The insurer has reported that new sales have increased to £429.2m from £376.7m in 2002 on an annual premium equivalent basis, with life and pension new sales in the fourth quarter up […]
Type: Level term assurance.Minimum sum assured/premium: No minimum/£5 Minimum-maximum term: One year-40 years Options: Waiver of payment benefit Charges: Implicit Commission: None Tel: 0800 0137137
Skipton Building Society subsidiary Pink Home Loans is moving into the commercial lending market. Pink Commercial will be run in association with specialist intermediary lender Commercial First. The service will offer loans to borrowers who find it difficult to get funding from banks and institutional lenders, such as small businesses, the self-employed and partnerships. There […]
Written by Mike Riddell One of the current big debates in global financial markets is whether investors should believe ‘hard’ rather than ‘soft’ data, where the usually reliable business and consumer surveys have been suggesting strengthening in global growth momentum for some time now, while the economic data that feeds through into the Gross Domestic […]
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Two company directors have been disqualified for a combined 20 years after running a fine wine investment scam that lost investors nearly £1m. An Insolvency Service investigation found that Crimson Fine Wines cold-called customers and then did not purchase or allocate wines to those who had paid for their investments. The investment scheme offered investors […]
AJ Bell has won a case against a client who wanted his platform fees for the past 14 years reduced. A client, referred to as Mr N, complained to the Pensions Ombudsman that, because he did not have enough information about what fees would be payable, he sold a property holding in his Sipp far […]