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Exeter Fund Managers dsicounts Pacific fund

Exeter Fund Managers is offering a 1 per cent discount on its Pacific Growth Fund.

The discount offer follows a period of recovery in the Asian markets where economic problems have begun to ease as interest rates have fallen and investor confidence returns.

The offer period which runs until September 1.

The fund pays IFAs 3 per cent initial commission and 0.5 per cent renewal.


National Mutual launches five managed equity funds

National Mutual is launching a range of five actively managed equity funds to complement its existing range of pension funds.The five funds which constitute the select equity range will be managed externally. This follows the pension specialist&#39s decision to out-source the management of its equity funds in October last year.The UK equity and North American […]

IFA issues warning over Scottish Widows

Best Investment&#39s head of pensions John Turton says the news is good for carpetbagging clients and good for Scottish Widows&#39 financial strength.But he warns with-profits policyholders might not get the headline figures of £5,000 which has been touted.He says: &#34Widows will only give some money as a sweetner to with-profits policyholders and the rest will […]

MPPI standards come into force

The new standards governing mortgage payment protection insurance policies take effect from today.The standards are being introduced following a joint initiative between the Council of Mortgage Lenders and the Association of British Insurers.All new policies will comply with the standards, but many companies have complied in advance of the July 1 deadline.The final deadline for […]

Standard Life Investments slashes charge on Ethical Fund

Standard Life Investments is slashing the initial charge on its Ethical Fund for investors looking to transfer their Peps.The new initial charge on the fund will be 1.75 per cent down from 3 per cent. The annual management charge of 0.95 per cent remains unchanged.The reduced initial charge will apply to all Pep transfers made […]

Stop the cold-calling

Royal London is pleased to support the petition calling for a ban on cold-calling for pension and investment products. The petition, launched by IFA Darren Cooke of Red Circle Financial Planning and hosted on the Parliamentary website, calls on the Government to ban cold-calling for pensions and investment products. A similar ban is already in force […]


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