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DWP to launch face to face advice service

The Department for Work and Pensions is set to launch a face-to-face advice service for pensioners and those planning for retirement. As part of the new Pensions Agency, advisers would offer a home visiting service. It says it will give advise on benefits and if asked about personal pensions would direct people to websites and advisers. Speaking in the House of Commons Under-Secretary Maria Eagle said this was in recognition that people prefer face-to-face advice.


MGM to support advisers&#39 training

MGM Assurance is creating a support network to help advisers selling protection products with training and sales skills.MGM says this is in response to the growth in sales of its protection products which have more than doubled in the last year and which it believes are set to increase dramatically.The network will provide specialist support […]

Keydata Investment Services – Secure Growth Portfolio

Friday, November 9, 2001.Type: Guaranteed growth bond.Minimum-maximum investment: £3,000-£1m.Term: Five years.Return: Up to 140 per cent of average growth in Norwich Union UKgrowth, JPMorgan Fleming premier equity growth, ThreadneedleEuropean select growth, Threadneedle American select growth,Newton continental European and Newton income funds.Guarantee: Choice of 90 per cent or 100 per cent of capital returnedin full at […]

Smith & Williamson – Balanced Portfolio Fund

Friday, November 9, 2001.Type: Oeic.Aim: Income and growth by investing in bonds, UK and internationalequities.Minimum investment: £5,000.Place of registration: Dublin.Investment split: Bonds 20 per cent, UK equities 55 per cent,international equities 20 per cent, cash 5 per cent.Yield: 2.5 per cent.Isa link: Yes.Charges: Implicit.Commission: Subject to negotiation.Tel: 020 7637 5377.

Shares hit by Queens crash

Markets fell sharply on the news of an American Airlines jumbo crashing in Queens, New York earlier today, although some losses have since recovered.The FTSE 100 was down 1.4 per cent and the Dow Jones Industrial Average was down 1.3 per cent at 4pm GMT. Airline shares have been hit badly, with American Airlines and […]


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