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Invesco launches ISA range

Invesco is launching both mini and maxi ISAs in April that will include cash and stocks and shares components.

The GT Money Fund which has a cash component will not be Cat-marked and has a maximum investment of £3,000.

It has an initial charge of 5.25 per cent. IFA commission is 3 per cent and renewal commission is 0.5 per cent.

The Invesco ISA, which has equity and cash components has the same charges.


CIS makes ethical fund available as ISA

CIS says that it is making its Environ ethical and ecological fund available as an ISA from the April 6 start date this year.The ISA will be available to investors who contribute a lump sum of £500 or £50 a month.The life office believes it is among the first to announce an ethical ISA prodcut.

The Mortgage Operation targets first time buyers

The Mortgage Operation is launching a discount mortgage at 4.2 per cent until September 2000 to attract first time buyers.The mortgage is being funded by Royal Bank of Scotland and offers buyers 100 per cent loan to value.Borrowers can also add MIG premiums and up to £1,000 of fees to the loan.Sales and marketing director […]

Wesleyan new life and pensions business up 34 per cent

Wesleyan grew its new life and pensions business by 34 per cent to £12.2m in 1998 from £9.1m boosted by strong sales of annual premium products.The life offices increased its new annual premium pension business by 49 per cent to £4.02m from £2.69m. Its new annual premium life business rose 29 per cent to £7.23m […]

Sun Bank aims to meet Government target on mortgage protection

Sun Bank is launching a range of flexible mortgage protection insurance plans in line with the Government&#39s proposals on sustainable home ownership.The bank aims to increase the take-up rate of MPI cover among its borrowers to the Government target of 55 per cent within the next five years.Sun Bank managing director Mark Sismey-Durrant says: &#34At […]


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