View more on these topics

HSBC Investments – Guaranteed Capital Account 7

HSBC Investments

Guaranteed Capital Account 7

Type: Combination of guaranteed equity bond and high interest account

Minimum-maximum investment: £3,000-£999,999


Interest rate: 0.5% a year above the Bank of England base rate if paid monthly or 0.45% a year above the base rate if reinvested into the account

Term: Three years and six months

Withdrawal penalties: Withdrawals of at least £250 allowed without penalty


Aim: Growth linked to the performance of the FTSE 100 index
Term: Three years and six months

Return: 50% of the growth in the index at the end of the term

Guarantee: original capital returned in full at the end of the tem regardless of the performance of the index

Closing date: October 11, 2006, September 11, 2006 for Isa transfers

Commission: Initial 3%

Tel: 0800 181890


Revenue on defensive amid claims of overpaid NI

The Revenue has rejected accusations that it is encouraging people to pay extra National Insurance contributions to top up their basic state pension although they will lose their money when the White Paper reforms are enforced.Under the current system, people who fail to pay enough NI contributions to qualify for the BSP can pay additional […]

Administrators in at SRB

Special Risks Bureau has gone into administration following its acquisition by Risk Placement Services. RPS bought the niche insurance brokerage for an undisclosed sum last month in a deal that saw it take on SRB’s assets but not liabilities. RPS deputy managing director Geoff Tresman says it will honour any claims going through but any […]

SIML in UK version of 130m global best ideas fund

Skandia Investment Management is introducing a UK version of its global best ideas fund next month featuring the five UK managers from the global fund plus five others including Schroders’ Richard Buxton. The UK best ideas fund, which launches on October 11, will replicate the global fund with each of the 10 managers providing their […]

Advantage joins PMS panel

Advantage has been appointed to the Premier Mortgage Service lender panel. It comes a day after the company confirmed it is now a sole lender.Advantage managing director Keith Dearling says: As a new lender this is a very important distribution agreement for Advantage, particularly as PMS is one of the largest UK mortgage distributors. “It […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm