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Edinburgh Fund Managers offers Pep protection

Edinburgh Fund Managers is claiming that it can offer IFAs&#39 clients security from current volatile market conditions using its new Pep Protection Strategy.

This allows existing clients to transfer Peps into EFM&#39s protected equity fund and then switch free of charge to a growth or income fund.

There is no initial charge on transfer of existing Peps but new Peps will be charged the standard 3.5 per cent.

On switches from Safety First Fund to UK Growth Fund, Fixed Interest Fund or Managed Growth portfolio, stamp duty will be covered by EFM.

The 1 per cent exit fee on switches from Safety First within 12 months of the original investment has been waived.


Scot Eq targets over 35s for new Edinburgh office

Scottish Equitable is to target people aged over 35 to fill 150 customer services positions at its Edinburgh headquarters.By specifically targeting this age group the company hopes to recruit experienced, mature and appropriately qualified people from Edinburgh&#39s sizeable, skilled work-force.Scottish Equitable public relations manager Scott White says: &#34People are deterred from applying for positions they […]

Women stick to safer products due to lack of experience

IFAs and financial analysts believe that women still lack financial experience and confidence despite the increasing numbers investing in Peps and tessas and taking out mortgages.A research report by Mintel revealed that 76 per cent of women preferred to opt for minimum risks for their savings.Holden Meehan partner Amanda Davidson says: &#34Women have been traditionally […]


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