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HSBC – Performance Plus Isa 25

Capital-protected Toisa

Growth linked to the performance of the FTSE 100 index

Minimum-maximum investment:

Five years

Original capital returned in full regardless of performance of index

Up to 100% growth at end of term

Closing date:
May 7, 2004

Initial 2%

Tel: 0800 181890


Former Sesame member loses out on renewals

Ex-Sesame network member Roy Essex has hit out at the mega-network, saying it is taking a higher percentage of former members&#39 renewal commission than it charges current members. He says when he left Sesame last summer, members were being charged 15 per cent of all commission. The rate was then reduced to 12.5 per cent […]

Axa flags opportunities from delayed pension tax simplification

Axa is welcoming the Revenue&#39s proposal for tax simplification of pensions confirmed today in Chancellor Gordon Brown&#39s Budget speech, but warns there could be short term confusion for high earners while they adjust to the incoming new lifetime limit. It says the delay in implementing the simplification until April 2006 means advisers have more time […]

JO Hambro to cap UK growth fund at £350m

JO Hambro Capital Management expects to cap its UK growth fund at £350m this year as investors continue to clamour for exposure to its rigorous stock selection and risk control process. The fund boutique, which sets maximum asset limits on all its products, says it is not prepared to swamp its managers and risk hampering […]

FSA appoints new managing directors

The FSA has appointed three new managing directors to fill the gap in its senior management team. The regulator has made two internal promotions and hired one managing director from the industry. Clive Briault, the FSA&#39s present director of prudential standards, has been promoted to managing director, retail markets. Briault will have the responsibility for […]


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