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EFG Private Bank – Prudent Global Gold Fund

Type: Hedge fund

Aim: Growth by investing in gold stocks

Investment split: 100% in gold stocks

Place of registration: Jersey

Charges: Initial up to 5%, annual 2%

Commission: Subject to negotiation

Tel: 020 7491 9111


Young suffer phobia to pension planning

A nasty epidemic called gerontophobia has Britain firmly in its grasp and is robbing young people of their ability to plan for old age, according to research commissioned by CIS. The research looked into attitudes towards pensions and why more people do not plan for old age sooner. It reveals that 33 per cent of […]

Roadmap shows way on standards

The Financial Services Skills Council is holding a special event to launch its national standards framework for financial services. The free event will take place from 10am to noon on September 10 at Mansion House, London, and will include announcements on CP157, conclusions on stage one of the examination review and the launch of stage […]

Coventry moves into self-cert market

Coventry Building Society is making its first foray into the self-certification mortgage market with three self-cert products. The first is a three-year discount of 1.06 per cent from Coventry&#39s standard variable rate, currently 5.54 per cent, giving a rate of 4.48 per cent. A 4.49 per cent variable-rate mortgage is available, guaranteed to be no […]

Revenue refuses to pay up for blunder

Personal and occupational pension schemes are facing losses of £82m after an Inland Revenue move to recover cash it had paid out in error as contracting out of Serps&#39 rebates. It has led to many schemes facing big shortfalls as falling investment markets mean the present value of the rebated funds is less than the […]


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