View more on these topics

Dual exposure from GE Life


Capital Secure Plan

Capital-protected bond

Growth linked to the performance of the FTSE 100
and Halifax House Price indices

Minimum-maximum investment:
Isa/Pep transfers £3,000

Five years

Up to 100% growth in the FTSE 100 and Halifax House Price Indices

Original capital returned in full regardless of performance of indices

Closing date:
May 4, 2004,
April 16, 2004 for Isa/Pep transfers

Initial 3%

Tel: 0800 783 0943

GE Life&#39s capital secure investment plan is a capital-protected bond that aims for growth and is linked to the performance of two indices &#45 the FTSE 100 and Halifax House Price index.

Brian Pack Financial Services principal Brian Pack regards GE Life as a respected company and thinks this product is okay to add to an existing portfolio as it gives a diverse investment field. He says: “This could be of interest to many of my clients. The guarantee is valuable at this point in time. The literature is very clear with all the pros and cons of the product explained.”

In Pack&#39s view, the 3 per cent initial commission offered by GE Life is the market average. However, he feels the six-year investment term is longer than average and says it could put a lot of his older clients off.

Another aspect Pack is not enthusiastic about is the use of averaging. He explains: “The averaging in the last 12 months could cost clients if markets climb at this time.”

Pack concludes by saying GE Life will face a lot of competition as various guaranteed products are introduced at this time of the year to catch the Isa market.


Suitability to market: Good
Investment strategy: Good
Adviser remuneration: Good

Overall 7/10


Cruise control

As you climb aboard the world&#39s most luxurious liner for that trip of a lifetime, you turn round for one last wave before departing for the sunshine. Suddenly, something catches your eye. There are no lifeboats on this magnificent vessel. Do you stay on board and spend the whole journey praying that the ship will […]

Bankhall signs Paymentshield deal

Bankhall has signed a deal with mortgage and payment protection insurance provider Paymentshield to provide its 16,500 agents with a compliance and product service.

DWP extends waiver on stakeholder charge calculations

The 2001 rule waiver that relieved product providers of the obligation to provide daily calculations of stakeholder charges will be extended for a further year, the Department for Work and Pensions has confirmed. Providers say the fact that they had to ask for the waiver, which was granted after a request from the ABI, shows […]

Menu of costs will let customers compare and value – IFAP

IFA Promotion chief executive David Elms believes the FSA consultation paper on implementing up-front &#39menu of costs&#39 for financial advice will make not only the price, but also the value of advice clear and comparable across all advice channels. Elms says: “We believe over time this level of transparency will help consumers understand and appreciate […]

Guide cover

Guide: how to… communicate with your pension members

Effective communication of your pension scheme is a large part of getting auto-enrolment right. Delivering the same message to all employees is not necessarily the way to go. To assist you with the communication of your pension scheme, we have provided some key areas to think about, such as:

  • What to consider when segmenting your workforce
  • How to communicate to pension scheme members at the right time in their member lifecycle
  • What topics you should be discussing with your pension members
  • The new pension freedoms and the importance of communicating them


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 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