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GISC waits for commission decision

The General Insurance Standards Council is hoping for a decision this week

from the Competition Commission appeal tribunal on whether it can implement

rule F43 forcing GISC members to only do business with each other. If it

gets the go-ahead, IFAs selling general insur-ance will have to be

GISC-regulated even if they are already PIA-registered. The commission

decided to investigate the proposed rule following appeals from the

Institute of Insurance Brokers and the Association of British Travel Agents.


GE Life – High Income & Growth Plan

Wednesday, 29 August 2001.Type: Guaranteed equity bond.Aim: Income or growth by investing in Eurostoxx 50 index.Minimum-maximum investment: £7,000-£1m.Term: Three years two months.Guarantee: Captial returned in full at the end of term provided theEurostoxx 50 index does not fall more than 20 per cent during theterm or the final index level is at or above the […]

Northern Venture Managers launches new VCT

Northern Venture Managers is launching the third in a series of VCTs, the appropriately named Northern 3 VCT. The generalist fund is due to be launched on September 25 and is aiming to raise £25m. It will invest primarily in smaller unlisted UK companies, including those recently floated on Aim.It will also cooperate with other […]

Scottish Mutual writes a classic

Scottish Mutual is offering the classic flexible trustee investment planto three groups of pension investors. The first group is trustees of pension funds and self-invested pensionplans. The second is people who manage their own pensions and the third ispeople who are looking to diversify an existing pension portfolio. The investment plan offers access to the […]

Split decisions

In times such as these, it is understandably difficult for some clients toget excited about investing in the stockmarket. But falling interest ratesand ongoing negative comment on with-profits products mean that some of thetraditional alternatives to equity investment are not looking enormouslyattractive either. I would like to give a brief introduction to the attractions of […]

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Johnson Fleming set to host webinar on auditing auto-enrolment schemes

With 23 auto-enrolment compliance notices issued by the Pensions Regulator, and an evolving legislative landscape meaning previously compliant schemes may now be in breach of regulation, now is the time to think about auditing your auto-enrolment scheme. Johnson Fleming is hosting a webinar on 9 October at 11:00 on how to audit your scheme to ensure compliance, avoid breaches and fines and overcome data issues.


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