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Friends Provident announces bonus declaration

Friends Provident has announced its bonus declaration for with -profit endowment policyholders for 2000.

For conventional with-profit endowment life policies the declared regular bonus is 2 per cent on the sum assured, and 2.5 per cent on attaching bonuses.

The bonus declaration for conventional with-profit personal pension policies is 2.5 per cent on basic pension benefits and three per cent on attaching bonuses.

Friends Provident blames lower interest rates and poor stockmarket returns in 2000 for the lower bonus declaration.


Legal & General – Single Charge Pre-Stakeholder Personal Pension

Thursday, 18th January 2001.Type: Single charge pre-stakeholder individual personal pension.Minimum premium: £20 a month.Minimum-maximum ages: 18-75.Fund links: Managed, distribution, equity, international, European, North American, Far Eastern, UK equity index, US equity index, European equity index, Japanese equity index, consensus, UK recovery, UK smaller companies, fixed interest, index linked gilts, property, cash, unitised with profits, ethical, […]

Money Marketing awards in March

The Money Marketing Financial Services Awards, run in partnership with The Exchange, will be presented on March 29 at the Grosvenor House Hotel in London&#39s Park Lane. There are nine award categories including Campaign of the Year and Best Use of New Media by an IFA. Entries for the awards must be submitted by January […]

Wesleyan announces returns for 2000

Wesleyan has announced positive returns for its growth trust, life managed fund and pensions managed fund. The Wesleyan Growth Trust has returned 4 per cent in 2000, against a Micropal average of minus 4.3 per cent, giving a ranking of 31st out of 290 funds. The Wesleyan Life Managed Fund returned 3.4 per cent over […]

L&G and Barclays combine for life and pension sales

Legal & General is linking up with Barclays to sell its life and pension products, including stakeholder, through the bank&#39s branch network. L&G attributes the alliance in part to success within the IFA channel but the move has caused some advisers to predict a wave of tie-ups and a shift away from the intermediary channel. […]

IHT: What were you doing in 2009?

One of the best sources of new business is your existing clients and, if they are estate planning clients, regular reviews are needed because people’s inheritance tax (IHT) problems tend to only get worse. Now, not a lot of things remain at the same rate as in 2009. If we turn the clock back, it […]


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