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Gartmore waives initial charge on English & Scottish

Gartmore is waiving its initial charge in full for lump sum investors buying English & Scottish Investors Ordinary Shares.

The E&S Ordinary Shares fund offer is available with an Isa wrapper until April 5. Lump sum investments must be from a minimum £3,000 to a maximum £7,000.

Gartmore marketing manager Ian Overage says: “E&S&#39s strategy is to achieve capital growth from active investment worldwide. The holdings include respected blue chip stocks such as Vodafone, GlaxcoSmithKline, BP Amoco and Lloyds TSB.”


Third of people aim to retire in 50s

Over a third of people in the UK hope to retire in their 50s, according to research by the Million Dollar Round Table. However, the association is concerned that many people may be leaving a savings plan too late to achieve their goal. While the majority of the 1,000 people questioned in the survey said […]

Britannic Asset Management – Global Financial Services

Tuesday, 6th February 2001.Type: Unit trust.Aim: Growth by investing in a global portfolio of companies in financial services sector.Minimum investment: Lump sum £500 monthly £50, Isa lump sum £500 monthly £50.Investment split: Banks 53 per cent, insurance 19 per cent, specialist and other finance 17 per cent, life assurance 6 per cent, real estate 4 […]

Halifax came to…

Halifax came to the rescue of Equitable Life and its embattled policyholders this week with a £1bn takeover deal. The move is being seen by financial analysts as a shrewd move as it will give Clerical Medical a firm footing in the stakeholder market backed by Equitable&#39s state of the art admin systems.

PolicyPlus International appoints investment manager

PolicyPlus International is appointing Tony Farrell as investment sales manager to promote its Endowment Growth Fund to intermediaries. The fund invests in traded endowment policies and is quoted on the Dublin stock exchange. Farrell worked for 17 years for Norwich Union, the last five spent as a branch manager. Farrell says: “I am looking forward […]

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A downhill stroll?

The Department for Work and Pensions (DWP) has recently published new research, which once again demonstrates how the prospect of retirement is changing for older workers.


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