View more on these topics

Keydata 7.5% income from life policies

Keydata is offering the second tranche of its secure income bond with 7.5 per cent annual income for five years by investing in life policies.

The bond offers income without stockmarket exposure and features a full capital return. It is a closed-ended product using traded life policies as an asset class with a five-year term.

Keydata says the first issue was successful because issuers of the insurance contracts must have a minimum Standard & Poor’s A rating and because advisers are looking for income through diversified means. The offer is opens from September 19 until November 4. Comm- ission is 3 per cent plus 0.5 per cent trail.

Sales director Mark Owen says: “The bond has been successful because advisers can offer their clients a higher level of income and a lower level of risk. Investors are attracted to an asset class without the volatility and unpredictable returns offered by equities.”


FSA bans Young & Ridgeway IFA for breach of AP principle

The FSA has banned Young Ridgway & Associates former director Idris Nagaty from trading.Ridgway was accused of failing to ensure his firm was suitably organised to ensure customers’ interests were safeguarded. The FSA reached the conclusion Nagaty’s failings constituted breaches of its statements of principle for approved persons.Nagaty is prohibited from undertaking any significant influence […]

FSA attacked over ‘flawed’ T&C plans

The FSA’s proposals for cutting back on training and comp-etency is flawed, says the Securities & Investment Institute, which argues that long-term damage will occur if exams in the wholesale sector are removed. The regulator’s recent T&C proposal, CP 05/10, sets out to reduce costs and bureaucracy while focusing on retail consumers but the SII […]

Thinc Destini enters into Hips deal

Thinc Destini launches into a new home information pack deal with process is web based allowing sellers to complete a Hip online and offers an interest free “buy now, pay later” option.Thinc Destini has teamed up with in order for its sales force to have the opportunity to link up and develop relationships […]

Out of touch

I notice that UK candidates for the chartered financial analyst exams did very well indeed. There is no doubt that this is an extremely rigorous and difficult exam requiring a huge amount of commitment from candidates. However, I would like to point out that the charter status has absolutely nothing to do with the UK […]

Risk-free path to pensions is a myth

Robin Geffen, Fund Manager and CEO Are you taking enough risk? Robin Geffen, Founder of Neptune and Manager of the top performing Global Alpha Fund, discusses the importance of accepting enough volatility in planning for retirement. Click here to read the full article Important information Investment risks The value of an investment and any income from […]


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