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EFM widens online Isa/Pep service range

Edinburgh Fund Managers is adding its range of 11 Portfolio funds to its online Isa/Pep service this week, raising the number of funds available through the website to 25.

By logging on to the site existing investors will be able to access a range of services including online valuations, real-time performance data and the ability to top up existing funds, while new investors can apply for an Isa.

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The value of assets of pension schemes of the FTSE-100 companies exceeds their liabilities, but only just, according to a survey by consulting actuaries Hymans Roberts. FTSE100 pension scheme assets total £227bn, while liabilities calculated under the new FRS17 accounting standard total £224bn. But FRS17 funding levels vary from 70 per cent of liabilities for […]

NIBi – Target Return Fund

Thursday, August 22, 2002Type: Fund of hedge fundsAim: Growth by investing in hedge fundsMinimum investment: Lump sum £20,000, US$ 25,000Place of registration: Isle of ManInvestment split: 100% in hedge fundsIsa link: NoCharges: Initial up to 5%, annual 1.75%Commission: Subject to negotiationTel: 01624 630300

&#39Line being drawn under dual-pricing complaints&#39

Halifax and Cheltenham & Gloucester say the Financial Ombudsman&#39s rejection of complaints about their dual-pricing policies shows the arbitrator is trying to draw a line in the sand for future complaints. Last week, the ombudsman threw out a case of a couple tied to C&G&#39s standard variable rate of 7.25 per cent who applied to […]

Newcastle Building Society – FTSE Lock In Toisa

Monday, August 19, 2002Type: Tessa only IsaAim: Growth linked to the FTSE 100 indexMinimum investment: Lump sum £3,000Maximum investment: £9,000Catmarked: NoCharges: NoneCommission: Initial 2%Tel: 020 7710 6906

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