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Film fund from Close Brothers

Close Brothers is launching a film fund, aimed at private investors wanting to invest in new British films.

The Close Film Fund will only invest in films that have at least 80 per cent funding by way of a production loan from a bank., with a minimum investment is £25,000.


Comparisons of bonds do not add up

I have been very interested to read the comments of Colin Jackson at Baronworth when comparing the Chartwell AIG extra-income bond, which was launched on September 24, with the Investlife premier income and growth bond, which Baronworth have chosen to promote. Mr Jackson states: “Chartwell&#39s returns are too low. If you are going to risk […]

On the transfer list

In recent weeks there has been a lot of discussion in the media about research from a leading consultancy firm showing that a worrying proportion of final-salary pension schemes operated by FTSE-100 companies are underfunded. The suggestion has been that perhaps hundreds of thousands of these pension scheme members do not enjoy the degree of […]

Stakeholder increases pension take-up says Virgin Direct

Stakeholder is responsible for a 250 per cent rise in the number of people starting a private pension according to Virgin Direct.Virgin points to ABI figures which show 535,000 individual pensions were taken out since April, which is a rise of 247 per cent on last year. Virgin says its pensions sales have more than […]

Watchdog Merricks defends polarisation

Chief financial ombudsman Walter Merricks has defended polarisation, claiming scrapping it in favour of multi-ties would “muddy the waters”, leaving consumers confused about who to complain to if things go wrong. Speaking at the Institute of Financial Planning Conference, Merricks also said the “industry is getting exhausted” with ongoing consultations from the Treasury and the […]


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