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Invesco Perpetual deadline looms

Invesco Perpetual investors wanting to keep individual equities within their PEPs must transfer to a new PEP manager by the end of July, Reyker Securities has warned.

Invesco has said that it must receive both the transfer instruction and the new plan manager&#39s acceptance by July 25 for the transfer to be effective.

If the documents do not reach Invesco by this date the underlying equities will be sold and the proceeds invested in units of Invesco Perpetual World Fund.

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Gartmore adds bond funds to Sicav

Gartmore has added two European bond funds to its Sicav, bringing the number of funds in the range up to eight.One of the funds, the Gartmore Sicav European corporate bond fund, focuses purely on investment-grade European corporate bonds. It will be benchmarked against the Merrill Lynch EMU corporate bond index.Richard Hodges, who has been a […]

National Savings and Investments – Guaranteed Equity Bond Issue 2

Thursday, July 18, 2002Type: Guaranteed equity bondAim: Growth linked to the FTSE 100 indexMinimum-maximum investment: £2,000-£1mTerm: Five yearsGuarantee: Capital returned in full at end of term regardless ofmovement in indexReturn: Up to 70% of growth in indexInterest rate: 3.5% gross a yearClosing date: August 28, 2002Commission: NoneTel: 0845 9645000

Call to align all the reviews – Prudential

Prudential is calling for the Government to work with regulators and the industry to align all current reviews into a single package of measures in its response to Sandler.The life office, which says it supports the aims of the review, believes that simplification of financial services is key to closing the UK savings gap and […]

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