View more on these topics

F&C waives initial ISA charge

F&C is waiving the £50 + VAT initial charge on its investment trust ISA.

The offer runs from 1st January until 31st May 2004, meaning investors can invest up to £14,000, making the most of the current tax breaks available.

Investors can choose to invest in up to any four of the ten F&C investment trusts in F&C&#39s Investment Trust Maxi ISA. F&C Management is also offering investors transfer options for PEPs or ISAs into one or more of its investment trusts without paying the £25 + VAT transfer fee until 31 May 2004. This is in addition to waiving the £50 initial charge meaning that you only pay 0.2% dealing commission* on shares purchased.

F&C director and head of private investor marketing Georgette Harrison says:
“Many ISA investors have had a tough ride over the last few years and as we saw this year have been reluctant to invest in ISAs.
“Although prices have now started to pick up, there is still value in the market, especially if investors take a long-term view. We believe investors still need to be encouraged back into the market and we hope that our low-cost offer will help towards this.”


PYV says IFAs are opting for wider PI cover

A major IFA PI broker has found that although the FSA&#39s provisions for solving the PI crisis have “greatly eased the burden”, an increasing number of IFAs are taking additional cover from a second PI provider to help cover big excesses. Broker PYV operations director Neil Pointon says that IFAs are investing in extra protection […]

Legg Mason looks to set up onshore US small cap fund

Legg Mason is seeking FSA approval for an onshore version of its highly rated US small cap fund, which has returned 102 per cent since launch in November 2001. The new fund, due to launch in March, will be run by Chuck Royce, who manages the existing Dublin-domiciled fund through his New York-based company Royce […]

From weak to strong

Many advisers are currently re-evaluating their clients&#39 with-profits investments. Despite the rally in recent months, the downturn in stockmarkets in recent years has taken its toll on the financial strength of with-profit funds, with various results. Some funds have closed to new business. Some have set bonuses to zero. Others remain open and continue to […]

Thames withstands ebbs and flows of market

Thames River capital has created a hedge fund of funds that will invest up to 33 per cent to seed new managers or start ups, enabling investors to benefit from the dividends of these companies. Thames River hedge + will be managed by Ken Kinsey-Quick, who joined Thames River in January 2003 as head of […]

Jelf flexible benefits

In Focus: How to choose a flexible benefits provider — seven top tips

Jelf Employee Benefits looks at some of the key considerations employers should think about when reviewing and choosing a flexible benefits provider. Choosing the right benefits for your employees is one thing but delivering a successful employee benefits strategy is about understanding the complete picture and delivering it in a personalised way so that it resonates with each and every individual in your business. 


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and thought leadership.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm