View more on these topics

GE Financial launches guaranteed Pep


GE Financial Fund Management


Aim: To provide capital growth through an investment portfolio linked to the FTSE Eurotop 100 index.

Minimum-maximum investment: £3,000 – £9,000.

Term: Until April 13, 2004.

Return: 130 per cent of the growth of the stockmarket index subject to a maximum of 175 per cent of initial investment.

Minimum return: 100 per cent of initial investment.

Investment split: UK – 36 per cent, Germany – 15 per cent, France – 12 per cent, Switzerland – 10 per cent, Netherlands – 9 per cent, Italy – 6 per cent, Sweden – 5 per cent, Spain – 4 per cent and Belgium – 3 per cent.

Yield: Nil.

Charges: No explicit charges.

Offer period: Until October 13, 1998.

Commission: 3 per cent.

Tel: 0181 380 3388.


PIA expels five small IFAs

The Personal Investment Authority has doled out another swathe of expulsions and fines to smaller IFAs. It has also refused membership to firms previously authorised to do investment business by Fimbra.Roger Fish & Company has been expelled and fined £2000 for non-payment of membership fees and for failing to give an undertaking that it would […]

Fedelta offers Offshore pension scheme for ex-pats

Isle of Man based specialist pension consultants, Fedelta Pensions, has introduced its International Pension Scheme to the offshore market. The scheme is based on the UK small self-administered scheme but provides for greater flexibility as it is not restricted by the SSAS investment guidelines.Fedelta is targeting the scheme at employers of UK domiciled ex-patriates currently […]

ScotEq push for early pension provision

Scottish Equitable is enlisting the support of IFAs in a drive to convince the public of the dramatic benefits of taking a pension out at an early age.The life office is distributing a series of leaflets to IFAs to help them warn the public of the high price they will pay in benefit terms if […]

First Active activates first mortgage product

First Active, formerly Mortgage Trust, is launching its first product since its rebranding.The lender is offering a 3-year, capped-rate current account mortgage at a rate of 6.99 per cent. It is available exclusively to IFAs and carries a £250 introducer&#39s fee.First Active says that the mortgage offers the lowest rate on the market for a […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment