View more on these topics

Clerical cuts bonus rates

Clerical Medical has announced it is to cut regular bonus rates by 1 per cent on most with-profits policies.

The change sees many with-profits bonds receive a regular bonus of 1.5 per cent, down from 2.5, and 2 per cent for pension policies, down from 3 per cent. Bonuses on its with-profits income fund are unchanged at 4.5 per cent.

A with-profits endowment taken out for 25 years, with a premium of £50 a month will now pay out £55,450 down from £68,142 on February 1, 2003, a drop of 18.58 per cent and a yield of 9.27 per cent.
A traditional with-profits pension policy paying £200 a month over 20 years will now payout £140,401 as of February 1, 2004, down from £143,353 at August 1, 2003.


US research centre forecasts house prices will continue to rise

A new index designed to predict changes in house prices suggests the property market will continue to head skywards, according to the Economic Cycle Research Institute. The U.S. research centre forecasts business cycles using composite indexes of economic indicators, says it has developed a home price index to gauge price pressures created by the housing […]

Noble & Company – F4G Software

Type: Enterprise investment scheme Aim: Growth by investing in the project management of computer and video games Minimum investment:Lump sum £3,000 Opening/closing date: January 19, 2004-April 5, 2004 for 2003/04 tax year April 30, 2004 for 2004/5 tax year Charges:Initial 5% Commission: Initial 2.5% Tel: 020 7367 5606

Axa Investment Managers – UK Corporate Bond Fund

Type: Oeic Aim: Income and growth by investing mainly in investment-grade UK corporate bonds Minimum investment: Lump sum £1,000, monthly £50 Investment split: 100% corporate bonds Isa link: Yes Pep transfer: Yes Charges: Initial 5%, annual 0.75% Commission: Initial 3%, renewal 0.5% Tel: 020 7003 1234

Child Trust Funds at 1.5 per cent

The Treasury has announced the latest rules for Child Trust Funds, which will be capped at 1.5 per cent.

Graphic content – December; the countries most exposed to a rise in protectionism

President-elect Trump has suggested withdrawing from the North American Free Trade Agreement (NAFTA) and ending negotiations over the Trans-Pacific Partnership (TPP), albeit there is considerable uncertainty over what he will, or even can, do. If one of the main consequences of the election of Donald Trump is US protectionism, it’s worth considering who stands to […]


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