View more on these topics

Drawdown deal on Equitable funds

Specialist IFA The Drawdown Bureau has come up with a way of removing

funds in drawdown from Equitable Life without incurring exit penalties.

Draw-down policyholders who want to leave the company can take maximum

income from their existing plan which will not be subject to an MVA. This

can be up to 8 per cent of the fund as a lump sum. This allows people to

postpone taking income from their new plan for 12 months, giving it a

chance to grow.

Recommended

Moore&#39s code

The City is rather a woeful place to be at the moment. Not a week goes bywithout yet another company issuing that most frowned on of Stock Exchangeannouncements – a profit warning. Quite the opposite situation prevails in the financial services industry,however. Boring old banks and insurance companies have become the toast ofthe City by […]

Mercantile brings in fixed rate

Mercantile Building Society has introduced the two-year fixed rate mortgage.Specifically aimed at first-time buyers in the North East of England, the mortgage has a fixed rate of 5.49 per cent until August 1, 2003 for loans of up to 80 per cent of valuation.The mortgage can be used to buy properties in Northumberland, Tyne & […]

iShares restructures European fund

iShares is rebranding and restructuring the iFtse ExUK fund.The new name for the exchange traded fund will be the iShares FTSE Euro 100 fund to reflect its new investment stance.The benchmark for the fund will change from the FTSE Ex UK index to the FTSE Euro 100 index. The main differences are that the fund […]

Health boom on the way as survey reveals concerns

The UK healthcare market could be set to boom as a survey reveals thatnearly six million people in the UK are worried that they do not haveadequate health insurance. Legal & General&#39s latest consumer intentions survey of over 1,000 adultswas carried out across the UK in June and reveals widespread concern. A key finding is […]

US election

Capital Market Notes, November 2016 David Lafferty, chief market strategist at Natixis Global Asset Management, looks at the impact on markets and portfolios since the somewhat surprising outcome of the US election. Click here

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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 advice.

    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

    Email: customerservices@moneymarketing.com