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IFAs maintain share of investment market

IFAs have sustained a 57 per cent share of the investment market in the 2nd quarter of this year, the same share as in the first quarter.

This is up from 53 per cent in the same quarter last year. The overall size of the market was £14bn up over £2bn on the same period last year.

IFA Promotion chief executive Ann-Marie Martyn says: &#34The majority of growth in the second quarter 1998 was in Pep sales which predominantly takes place in April.&#34

The rise in market share began at the start of the third quarter last year and has been sustained ever since.


Sun Life offers new loan product

Sun Life is providing a loan service backed by an endowment plan for sums up to £15,000 in partnership with Royal Bank of Scotland.The Cash Release Scheme offers an unsecured fixed term loan backed by the Sun Life Homebuyer&#39s plan. Interest is charged at a rate of 4.25 per cent above the RBS base rate.The […]

CGU launches Portfolio Bond

CGU has unveiled its Portfolio Bond offering a range of unit linked funds including unitised with-profits. Most of its features are taken from the former General Accident bond although it also provides access to the income portfolio which is linked to the former Commercial Union monthly income plus unit trust.The performance of this has been […]

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Guide: Johnson Fleming’s managed auto-enrolment service for SMEs

Johnson Fleming has launched its new managed auto-enrolment service, designed to support SME businesses of up to 250 employees. The managed auto-enrolment service is not just about providing businesses with a software system for them to manage themselves, but more about outsourcing the administration of the project and scheme to Johnson Fleming’s auto-enrolment staff.


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