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FSA releases finance pack for students

The FSA has launched a resource pack for teachers providing personal finance education tools for students.

The package, Make The Most Of It, is aimed at 14 to 19 year olds and deals with issues to give young people the confidence and knowledge needed to take responsibility for their financial affairs in the future.

It covers five modules, the need to save for retirement, insurance and genetic testing, risk assessment in terms of credit and debt, the concept of ethical investment and buying goods over the Internet.


Matrix&#39s Unicorn VCT way ahead of the field

Matrix&#39s Unicorn venture capital trust is running away with the 2002VCT market, accounting for almost a third of all sales so far thistax year.The generalist trust, managed by star small-cap manager Peter Webb,has taken more than £12.5m in sales since its launch in Octobercompared with total VCT sales of around £35m. Many of the othertrusts […]

New Star values high income

New Star has unleashed its fourth fund, the New Star higher income fund, in time for the Isa season.The fund aims to produce a rising level of income and capital growth by investing mainly in UK companies, using the FTSE All Share as its benchmark index. It is expected to contain between 55 and 75 […]

Equitable wins vote but the legal battle goes on

Beleaguered Equitable Life has got a much-needed boost afterpolicyholders voted overwhelmingly in favour of its compromise dealaimed at stabilising the society.Exceeding most expectations, the deal got the backing of 97.3 percent of guaranteed annuity policyholders, with 98.6 and 99 per centof the two non-GAR policyholder categories. The High Court has toapprove its implementation.But despite chairman […]

Cofunds says it will unwind exclusivity pact

Cofunds is set to unwind its exclusivity agreement which prevents its founders joining rival IFA platforms, according to new chief executive Clive Boothman.In an interview with Money Marketing, Boothman says he believes the pact, which covers Gartmore, Jupiter, M&G and Threadneedle, has now served its purpose and should be phased out before the end of […]


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