View more on these topics

Gilliat Financial Solutions – Deposit Kick Out February 2012

Gilliat Financial Solutions – Deposit Kick Out February 2012

Type: Structured deposit

Aim: Growth linked to the performance of five UK equities – BAE Systems, Barclays, Tesco, Rio Tinto and Unilever

Minimum-maximum investment: £3,000-no maximum, Isa £5,340

Term: Five years and three weeks

Return: 8.25% growth plus original capital at the end of year one provided all five stocks are at or above their initial values, 16.5% growth plus capital at the end of year two provided all five stocks are at or above 95% of their initial values, 24.75% growth plus capital at the end of year three provided all five stocks are at or above 90% of their initial values, 33% growth plus capital at the end of year four provided all five stocks are at or above 85% of the initial values or 41.25% growth plus capital at the end of year five provided all five stocks are at or above 80% of their initial values

Protection: Original capital returned in full at the end of the term regardless of the performance of the index

Closing date: February 21, 2012, January 31, 2011 Isa transfers

Commission: Initial 3%

Tel: 020 7012 2809

Recommended

Coventry Intermediaries – Godiva Buy-To-Let Flexx Fixed – 75% LTV

Coventry Intermediaries – Godiva Buy-To-Let Flexx Fixed – 75% LTV Type: Flexible fixed-rate buy-to-let mortgage Fixed term: Until March 31, 2017 Fixed rate: 5.35% Minimum loan: £25,001 Maximum loan: Up to 75% of valuation subject to a maximum of £500,000, up to 50% of valuation subject to a maximum of £1m Income multiples: Rental income […]

4

PwC fined £1.4m for failing to notice JPM breaches

The UK arm of PricewaterhouseCoopers has been fined a record £1.4m and severely reprimanded by the Accountancy & Actuarial Discipline Board for failing to notice billions of dollars in client moneys had not been properly ringfenced by US bank JP Morgan Chase. PwC was auditor for JP Morgan Securities Limited between 2002 and 2008 but […]

Ascentric appoints sales and marketing director

Ascentric has appointed Mike Morrow as sales and marketing director. Morrow joins the Royal London-owned wrap from HSBC where he was UK head of commercial wealth management. He was previously Axa Wealth head of platform distribution. Morrow’s role will also cover Ascentric’s white-label service Investment Funds Direct Limited, he replaces Richard Goodall who left the […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment