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Framlington extends special offer on Japan Fund

Investment management specialist Framlington has extended the special offer on its Japan Fund until October 1, 1999.

The offer gives investors a 1 per cent discount on the fund initial charge of 5 per cent. There is an annual management charge of 1.5 per cent.

Framlington marketing director Craig Walton says: &#34Investments in the fund focus on the huge corporate restructuring story which is taking place in Japan. This has driven the market higher this year and should continue to deliver profits to investors in the future.&#34


Apcims reports rise in private client business

CGU is launching a with profit annuity aimed at pensioners looking to make the most of their pension funds.The with-profits annuity will provide a viable alternative to traditional annuity schemes which have suffered from falling returns in recent years.The new annuity is available to funds with a minimum of £15,000 and will allow clients to […]

Pink Home Loans teams up with Countrywide Conveyancing Direct

Pink Home Loans has teamed up with Countrywide Conveyancing Direct to launch a fast-track mortgage service for intermediaries.The service is aimed at speeding up the whole mortgage procedure, including faster payment of introducer fees. These will now be payable at completion of the loan to advisers using this service.Pink sales & marketing manager David Copland […]

Misys to buy Financial Options and Kestrel for £55m

Software giant Misys is poised to scoop up IFA networks Financial Options and Kestrel for around £55m.Money Marketing can reveal top level talks are at an advanced stage between Financial Options Group and Misys, which already owns the 900 member firm Countrywide, to create the UK&#39s biggest IFA.Teams from the software giant have completed due […]

AITC appoints cult French film director to sell itself to investors

That most British of institutions, the Investment Trust industry, is resorting to a cult French film director to sell itself to UK investors.The AITC has hired critically acclaimed French director Gilles Mimouni, best known for his 1996 film &#34L&#39Appartement&#34, to direct the first wave of television advertisements, due to kick off in October.&#34L&#39Appartement&#34 starred Vincent […]

Tax year-end planning for annual allowance

Last tax year-end there was a lot to think about in relation to planning. The introduction of the tapered annual allowance and the implications of moving to a fixed pension input period, the reduction in the lifetime allowance and potentially applying for protection, and the concern about changes to tax relief, to name a few. […]


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