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Improvements to Scot Mut&#39s flexible income bond

Scottish Mutual has improved the terms of its Flexible Investment Bond, a single premium unit-linked bond launched in January this year.

Scottish Mutual&#39s multi-manager Investment Intelligence service will be available through the FIB, bringing institutional fund management to the retail investor. Investment Intelligence comprises the expertise of internal multi-manager Inscape Investments, institutional multi-manager Attica Asset Management and investment service company Raymond James Killik.

Scottish Mutual has also extended the improved terms special offer of 1% increased allocation, which was due to end on 31 July until 31 December 2002, for investments of £20,000 or more.


Martyn sells MMA stake for semi-retirement

My Money Adviser co-founder and managing director Ann-Marie Martyn has quit the firm, selling her stake to majority shareholder Quay Software.Martyn is best known for her six years with IFA Promotion, with half that time as chief executive. She co-founded IFA software designer MMA two years ago with partners Mitchell Philpott and Roland Rawicz-Szczerbo.Martyn says […]

Inside edge: Robert Clifford

Talking to our franchisees across the country, a new topic has taken over from the awful summer weather – income multiples. Most are wondering what all the fuss is about and that&#39s exactly my feeling, too.Many pundits are fearful that the apparent shift from a maximum of three times income to folklore figures of up […]

L&G Launchpad system boosts loans and protection

Legal & General is merging its mortgage and protection broker technology to unveil its new Launchpad service, allowing mortgage sourcing, protection quotations and applications to be completed in one process.It says the point-of-sale technology platform can cut up to an hour off the time spent on individual applications and intermediaries can get a decision in […]

More splits plan to liquidate

Several more split-cap investment trusts are planning to liquidate or wind up prematurely as stockmarket volatility continues to drag the sector deeper into the mire.The Aberdeen Asset Management-run leveraged income trust wants shareholders to approve placing the trust into receivership after stockmarket falls left it owing more than the value of its assets.Also in trouble […]

State of the markets: global growth

In conversation with journalist Alexis Xydias, Artemis Global Growth Fund manager Peter Saacke discusses the state of global markets and how he is positioning his fund. Peter gives his views on the growth potential of US, Europe and emerging markets, each of which is on a different stage of the road to recovery. And with a […]


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