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HSBC Investments International – Foundation Hong Kong Growth Fund

HSBC Investments International

Foundation Hong Kong Growth Fund

Type: Capital -protected fund

Aim: Income linked to the performance of the Hang Seng index

Minimum investment: Lump sum $5,000

Place of registration: Dublin

Term: Five years

Return: 165% of the growth in the index subject to a maximum return of 45%

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

Closing date: August 1, 2007

Commission: Initial 3%

Tel: 01534 606334


Lloyds TSB paves way for sale of Abbey Life

Lloyds TSB has kicked off the process of its sale of closed life insurance business Abbey Life and is expected to fetch more than £1bn.Lloyds is understood to have instructed investment bank Lehman to send information on the business to interested parties which are thought to include Resolution, Swiss Re, Pearl and Sun Capital. This […]

Poor Ken…

Poor Ken Davy. Having been granted the honour of meeting the Queen as ambassador for Huddersfield, Ken and his wife Jennifer missed out on the photo opportunity. It seems the paparazzi had been asked to leave before the greeting and Ken did not think to take his camera as he would be too busy practicing […]

FSA ban over illegal insurance sales

The FSA has banned David William King from all regulated activities for operating illegally by writing insurance in the UK without authorisation.King has also been barred from controlling or having significant influence over any person or companies carrying out regulated activities.He had been running two companies, CIC Costa Rica and CIC Greece, which were not […]

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Fit for Work: guidance for employers published

On Friday, the Department for Work and Pensions published its guidance for employers on using the new Fit for Work (FfW) service to help ill employees return to the workplace. It also includes more details on the tax exemption for medical interventions that commenced on 1 January 2015.


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