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Eurolife launches fixed income Isa

Eurolife is launching an Isa offering a a choice of either fixed income or capital growth.

The Extra Income & Growth Isa pays investors 8 per cent a year over a four year term.

Alternatively investors looking to build up capital can select the growth option which pays 33 per cent at the end of the four year term.

The Isa guarantees to return the capital in full at the end of the four years providing the FTSE 100 stockmarket index is no lower than it was at the start of the investment term.

Commission to IFAs is 3 per cent.


CD-Rom looks at portfolios

Keydata is to release a themed interactive CD-Rom focus ing on portfoliomanagement services.IFAs say it is difficult to track performance following Autif&#39s decisionto drop the fund of funds sector from its classifications.The CD-Rom will include video presentations from Gartmore, HendersonInvestors, Lazard, ABN-Amro, Martin Currie and Henry Cooke.Keydata launched its first CD-Rom in February and distributes […]

CIS issues new ethical investment statement

CIS has issued a new policy statement governing the investment strategy of its &#39Environ&#39 ethical unit trust.While continuing to avoid the usual &#39negative&#39 investment areas of armaments, nuclear activity and tobacco. The new investment statement provides more detail on issues such as animal testing, use of chlorine in water, genetically modified foods and transport.The strategy […]

Staffordshire Building Society chief exec elected to CML

Staffordshire Building Society chief executive Keith Page has been elected to the Council of Mortgage Lenders.Page will use his position as a member of the Council to call for greater education of the general public concerning financial matters.Page says: I have joined the Council at a time when there is significant change within the industry […]

Norwich Union announces 37 per cent increase in new business

Norwich Union has posted a 37 per cent increase in worldwide new business sales for the first six months of the year.The figures reveal worldwide equivalent premium income leapt £72m to £265m for the first six months of the year, from £193m for the same period last year.The life office reported a 36 per cent […]


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