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Isa limit extended

Chancellor of the Exchequer Gordon Brown has announced the curremt £7,000 Isa limit will be extended for the next five years in his pre-budget report.

The news will be welcomed by fund managers and IFAs, who had been lobbying for the continuation of the higher limit from the past year.

It had previously been proposed to drop the limit to £5,000 from next April.


Virgin warns of rollercoaster bond ride

VIRGIN Direct is calling on investors to exercise caution when choosing UK corporate bonds, following a survey conducted on 41 funds in the sector.The Virgin Direct study looked at corporate bond fund quartile performance over five rolling 12 month periods between 1995 and 2000.The survey found that more than two thirds of corporate bond funds […]

Jupiter – Jupiter European Opportunities Trust

Wednesday, 8th November 2000.Type: Investment trust.Aim: Growth by investing in European companies.Minimum investment: £1,000 lump sum, £250 for Isa or savings scheme.Maximum investment: £7,000 for Isa, otherwise no maximum.Investment split: Companies with market cap of £3 billion plus &#45 50 per cent, companies with market cap of £499 million-£2.9 billion &#45 40 per cent, companies […]

Nottingham Building Society – 3 Year Discounted Mortgage

Thursday, 9th November 2000.Discounted term: Three years.Discount: Up to 75 per cent of valuation 1.7 per cent, 76-90 per cent of valuation 1.55 per cent, 91-95 per cent of valuation 1.4 per cent.Payable rate: Up to 75 per cent of valuation 5.79 per cent, 76-90 per cent of valuation 5.94 per cent, 91-95 per cent […]

ARLA slams Leasehold Reform Bill

The ASSOCIATION of Residential Lettings Agents has criticized the Governments proposed Leasehold Reform Bill which aims to limit leasehold property tenancies to just 5 years. The Bill, to be announced in the Queens Speech in December, contradicts a statement by a spokesman for housing minister Nick Raynsford at the ARLA Annual Conference last month when […]


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