View more on these topics

Friends Provident International – Premier Ultra

Friends Provident International

Premier Ultra

Type: Offshore unit-linked bond

Aim: Growth and income by investing in up to 10 unit-linked funds

Minimum investment: Monthly $1,500, quarterly $4,500, half yearly $9,000, yearly $18,000 or currency equivalent, lump sum $3,000

Investment choice: Choice of 109 unit-linked funds from Friends Provident International and externally managed funds from Aberdeen, Barclays, Baring, Ciptadana, Circus Capital, Collins Stewart, Dresdner, Fidelity, Fleming, Franklin Templeton, GAM, Glanmore, HSBC, Invesco Perpetual, Investec, JF, Man Investments, Martin Currie, Merrill Lynch, Momentum, Neville James, Nordea, Principal Global Investors, Sarasin, Schroders, Surrenda Link, Thames River Capital, Value Partners, Vanguard

Allocation rates: 110-150% depending on investment term chosen

Place of registration: Isle of Man

Option: Additional life cover, premium protection cover

Withdrawals: Minimum of $750 taken on monthly, quarterly, half annually anually or a one off basis

Switches: Unlimited free switches

Charges: Initial 1.5% a quarter for first 18 months and in first 18 months after an increase in premiums, plan fee $6 a month, premium charge 7% for additional single premiums, fund administration charge 0.1% a month, external fund charges 0.1-3.35% a year depending on fund

Commission: Initial 5% or initial 3% plus 0.5% renewal

Tel: 01624 821184


Financial adviser who stole 10m jailed for 12 years

The financial adviser who stole 10m from Halifax over four years to finance his gambling habit has been jailed for 12 years at Swansea crown court. Graham Price left three empty boxes in a safe with a signed IOU saying borrowed 7m from the Halifax. Price held stakes in 11 horses and also used the […]

PPI says union deal will not mean higher taxes

The Pensions Policy Institute says business leaders are wrong to suggest that the Government’s agreement with unions over public sector pay will have to be funded by higher taxes. The body, which is an independent charitable think-tank which gives non-party pol- itical comment in the field of pensions, has issued a briefing note contradicting the […]

Positive and Friends are first to set up pipeline

Friends Provident and Positive Solutions have become the first provider and adviser firms to launch a pipeline-tracking service using Origo’s new standards. The automated service aims to streamline business processes and cut costs by allowing Positive Solutions’ advisers to track pipeline business through Friends electronically rather than verbally or on paperThe new business tracking standard […]

Europe: Volatile share prices create opportunities for long-term investors

Mark Page and Laurent Millet, managers of the Artemis European Opportunities Fund, look at why, how and where fluctuations in European markets can generate opportunities for their fund. When asked what the stock market would do next, John Pierpont Morgan is reported to have replied that “it will fluctuate”. His (apocryphal) answer proved accurate. Over […]


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 advice.

    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