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Charcol set for online venture with Tesco

The Investec Guinness Flight Asia fund changed its name this week to theAsia New Economy fund to reflect a change in the fund&#39s investmentorientation.The focus of the fund will be similar to that of Investec GuinnessFlight&#39s successful Wired index fund. It will invest in companies across aspread of sectors which are considered to be in […]

R&SA joins pension commission battle

Royal & Sun Alliance is the latest provider to join the pension commissionwar in a bid to win market share ahead of stakeholder.The move is part of the company&#39s aim to triple its market share of thegroup pension market by 2004.It is launching new group personal pensions and contracted-inmoney-purchase schemes paying commiss- ion of up […]

Fidelity best selling ISA

Isa sales are set to smash records set by their stock and share predecessors, Peps.The best selling ISA manager is Fidelity Investments which sold in excess of £1.1bn of ISA products in the past fiscal year. This amounts to a 32 per cent increase on its Pep sales from last year.Runner up prize goes to […]

Aesop&#39s fables

Continuing my business-ori- ented review of the Budget, it is importantfor any IFA giving advice on employee benefits to be aware of the new all-employee share ownership plan (Aesop).The plan is aimed at encouraging companies to foster a more productiverelationship with their employees.The Government claims the new plan will be the most tax-advantagedall-employee share ownership […]

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