View more on these topics

Edinburgh Fund Managers – InvestIT for Children (inserted 17/9/99)

Type: Investment Trust Savings Plan offering a “Designated Account”, specifically designed for those saving for school fees, or any extra curricular activities for their children.



Minimum investment: £20 pm; £150 lump sum



Minimum age: N/A



Minimum term: Trust Account – no access to funds until child reaches 18. Designated Account – no minimum.



Charges: Exit charge – £10 per transaction + VAT per trust



Commission: Initial commission 3%; no renewal commission



Tel: 0800 9175678

Recommended

Nationwide to sue Barclays over use of cash machines

The Nationwide is threatening to sue Barclays Bank over charges for using its cash machines according to a report by the BBC.The building society says it will take the action unless Barclays drop the charges for Nationwide customers using its ATMs.Barclays has angered rivals by introducing the charges of £1 each time their customers use […]

Financial Action Task Force to set new measures in fight against money laundering

Law enforcement experts are expected to agree penalty measures this week against countries failing to take adequate steps against money laundering according to the Financial Times.The FT says the 26 member country Financial Action Task Force which will draw up a list of approximately 20 criteria to define non-cooperative countries.The FATF has traditionally been reluctant […]

Concern at offshore geared returns

Concern is gathering in the offshore community that inv-estors may beabout to lose out because of purchases of some geared investment products.Fears emerged after analysis of Channel Island merchant bank NMRothschild&#39s Loan and Guarantee Scheme which was withdrawn in Decemberafter 14 months on the market. The scheme uses gearing in the hope ofpushing for higher […]

Met probes commercial endowments

The FSA is helping the Metropolitan Police with an investigation intocommercial end- owment mortgage misselling.The regulator has confirmed for the first time it is co-operating with theMet&#39s fraud squad which is investigating allegations of investment productmisselling of endowments on commercial financing deals.Both say the investigation is into specific allegations and is not part ofa widespread […]

Why prevention is better than cure

Quoting the famous adage, prevention is better than cure; there are many proactive benefits that can improve wellness in the workplace, decrease stress, increase staff morale and reduce absenteeism, as well as attracting and retaining employees of a higher standard. With a recent study showing that employees in Britain are working below peak productivity, preventative benefits can ensure you address potential health issues or causes of stress at their source and ensure productivity in the workplace remains at an optimum level. With this in mind, how are you using preventative benefits to help keep your workforce happy and healthy?

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment