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Koralis Picture – Film Fund One

Film Fund One

Type: Enterprise investment scheme

Aim: Growth by investing in a minimum of three low-budget feature films

Minimum investment: Lump sum £1,000

Opening/closing date: October 3, 2003/until further notice

Charges: Initial 6.5%, annual 2.5%

Commission: Initial up to 5%



Ross ousted at Widows

Scottish Widows chief executive Mike Ross has been ousted in a shake-up which sees Lloyds TSB man Archie Kane take his place.The news comes the same week the FSA is expected to hit Lloyds with a hefty fine for misselling structured products.Ross leaves Widows after nearly 40 years, having led it to become one of […]

SFO may investigate Equitable Life

The Serious Fraud Office is expected to be asked to look into the demise of Equitable Life.According to a report in the weekend press, this is expected to happen once Lord Penrose&#39s inquiry is complete, due in the next few weeks.Policyholders are awaiting the report to establish whether there is any potential for compensation from […]

Abbey launches wrap

Abbey has launched what it believes is the UK&#39s first comprehensive and scaleable wrap service. It is available through Abbey for Intermediaries, and is said to deliver a “completely new model for client portfolio administration” The bank says its Abbey Wrap is designed to help intermediaries arrange transactions and report and manage clients&#39 investment and […]

Frame academy misses its cue

I have spent a great deal of the last 20 years lobbying for standards of knowledge and skills in the financial services sector.It has always seemed to me that the reputation of financial advisers and, indeed, of our entire sector should rest on a firm foundation of independently tested knowledge and skills which demonstrates to […]

Nobody expects the Spanish Inquisition

Paul Fidell, Head of Business Development (Investments), writes about one of the primary challenges for those involved in estate planning. He looks at dealing with investment uncertainty in these low growth, low inflation but still volatile investment conditions. Protection of capital, to leave something for beneficiaries, is a fundamental objective of many people’s plans for […]


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