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Cofunds sees growth in Isa sales

Cofunds has reported total sales of £445m in ISAs, PEPs and investment funds for the second quarter of 2004. The fund supermarket has also seen a 10 per cent increase in Isa sales in the first quarter of the year.

Cofunds marketing director Rick Andrews says: “It just goes to show that we are delivering what intermediaries want in terms of value for money, choice and quality of service. We are looking forward to building on this solid foundation over the rest of the year.”

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Standard Life has brought out the secured capital plan, a capital-protected Oeic established under the European Ucits III legislation. The fund is linked to the FTSE 100 index for a term of five years and 48 days and will replace Standard Life&#39s range of guaranteed bonds. The fund resembles guaranteed equity bonds in that it […]

Merrill Lynch offers discount protection

Merrill Lynch has become the latest firm to introduce a discount protectionmechanism. The new policy means investors in the Merrill Lynch greater Europeinvestment trust clients will be able to sell back their shares at a 2 per cent discount of net value twice a year regardless of whether the shares are selling for a bigger […]

Standard makes fast return with newly built s32 plan

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Keydata Investment – Extra Income Plan 11

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Survey looks at the challenges facing businesses post auto-enrolment

A survey conducted by Johnson Fleming at the Pension & Benefits Show 2014 highlighted the key challenges faced within organisations post auto-enrolment. The results showed that communicating the changes and the value of them to staff, and receiving timely data from the payroll provider proved to still be the most challenging aspects of managing an auto-enrolment scheme.

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