View more on these topics

Investment update

ABN Amro is offering a blanket 1 per cent discount on all Isa and Pep

transfers and new Isa business until the end of April. The discount,

which is exclusive to IFAs, will reduce the initial charge on the

seven funds from 5 per cent to 4 per cent. Annual management charges

are between 1.25 and 1.5 per cent. Minimum investment is £1,000

lump sum or £50 a month.

Investec Asset Management is offering a 1 per cent discount on its

cautious managed and monthly high-income funds until the end of the

tax year.

The discount will reduce the funds&#39 initial charges to 3.5 per cent

from 4.5 per cent. The annual charge on the cautious managed fund is

1.25 per cent, and 0.75 per cent on the monthly high-income fund.

Minimum investment is £1,000 lump sum or £100 a month.

Keydata has launched its Secure Growth Portfolio 2, offering

investors 90 or 100 per cent protection and the opportunity

potentially to double their capital over five years.

The new product is linked to the performance of six funds, managed by

JP Morgan Fleming, Norwich Union, Newton and Threadneedle. Investors

opting for the lower degree of capital protection earn 140 per cent

of the six funds&#39 average returns while investors choosing 100 per

cent protection earn 100 per cent of average growth. Minimum

investment is £3,000.

Framlington is offering a 1 per cent discount on all Isa business

into its UK growth fund until April 5. The discount will lower the

fund&#39s initial charge from 5 per cent to 4 per cent.The fund has an

annual charge of 1.25 per cent. Minimum investment is £500 lump

sum or £50 a month.

Threadneedle Investments is offering a 0.5 per cent discount on its

three UK corporate bond funds until the end of the tax year. The

discount will take the funds&#39 initial charges from 3.75 per cent to

3.25 per cent. On all Pep and Isa transfers, the initial charge is 3

per cent. The annual charge on the high-yield bond and strategic bond

funds is 1.25 per cent and is 0.75 per cent on the UK corporate bond

fund. Minimum investment limit is £2,000.

Christows is extending its 1 per cent discount on its portfolio funds

until the end of the tax year. The discount reduces the funds&#39

initial charge from 5 per cent to 4 per cent. The annual charge is

1.3 per cent. Minimum investment is £5,000.


Black & White links up with BM Exchange

National broker the Black & White Mortgage Company is aiming toboost its expansion plans by joining the BM Exchange as a source formortgage-related products.B&W, established 19 months ago specialising in remortgagebusiness, plans to expand to 400 self-employed advisers by the end ofthe year from 180 and raise turnover to £5m from £3.5m.It intends to place […]

CIS launches care service

CIS has launched a care planning service to provide extra support to its Critical Illness policyholders.The service, developed with independent care advisers Red Arc Assured, provides emotional support, practical help and guidance for customers and their families to help deal with a critical illness. It includes access to a qualified nurse, specialist home visits by […]

Scheme charges overhauled

Occupational pension providers are feeling the impact of stakeholder as they move to scrap the complicated old charging structures and put in place a single annual management charge.Standard Life is the latest to move to a single charge on all its occupational pensions. However, it has gone a step further and limited its annual management […]

FSA welcomes compromise vote

The FSA has called the successful vote of the Equitable compromise by its members a “good step”.FSA managing director consumer, investment and insurance directorate John Tiner says the result offers the best chance to achieve stability to the with-profits fund.Tiner says: “We firmly believe that a successful compromise offers the best prospect of bringing stability […]

Treasury looks to address advice gap

By Jamie Clark, Business Development Manager, Royal London Hot on the heels of consultations on tax relief and pension transfers and early-exit charges comes a new investigation into the advice gap, and how this can be bridged. Ever since the new pensions freedoms were introduced, concerns have been raised about how people can get access […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm