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Fidelity Worldwide Investment – Global Demographics Fund

Fidelity Worldwide Investment – Global Demographics Fund

Type: Sicav

Aim: Growth by investing globally in the equities of companies that benefit from demographic changes

Minimum investment: Lump sum $2,500

Investment split: 100% in global equities

Place of registration: Luxemburg

Charges: Initial up to 5.25%, annual up to 1.5%

Commission: Initial up to 3%, renewal up to 5%

Tel: 0800 028 4489



FSA warning over investment switching costs

The FSA is concerned that advisers are not giving enough consideration to the additional costs clients face when moving them from one investment proposition to another. The regulator will publish a paper on assessing suitability of replacement business and centralised investment propositions in the coming weeks. It will look at advisers’ use of model portfolios, […]


HMRC accidentally publishes Qrops guidance

The Isle of Man and Guernsey look set to have to make changes to their pension rules after new Qrops guidance was accidentally posted on HMRC’s website this week. The IoM’s Association of Pension Scheme Providers has been looking at changes to the island’s 50c schemes which are used as Qrops because they could fall […]

BC Partners buys back majority stake in Foxtons

Private equity firm BC Partners has bought back a majority stake in Foxtons after ceding control of the estate agency in 2010. According to a report in the Telegraph, the deal completed for between £55m and £75m. BC originally purchased a controlling stake in Foxtons for £300m in 2007 but ceded control after creditors reorganised […]


Margaret Cole to join PwC

FSA conduct business unit managing director and former director of enforcement Margaret Cole is to join PricewaterhouseCoopers later this year. The Times reports that Cole, who announced she was leaving the FSA last month after nearly seven years with the regulator, will become the senior legal adviser at PwC’s British division and join the executive […]


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