View more on these topics

Legal & General – FTSE Growth Plan 7

Legal & General – FTSE Growth Plan 7

Type: Capital-protected bond

Aim: Growth linked to the performance of the FTSE 100 index

Minimum-maximum investment: £3,000-no maximum, Isa £10,200

Term: Five years

Return: 50% of the original investment provided index is at or above its initial value by the final day of the term

Guarantee: Original capital returned in full provided the index does not fall by more than 50% by the final day of the term

Closing date: December 17, 2010, December 3, 2010 for Isa transfers

Commission: Initial 3%

Tel: 0845 273 0008


Britannia axes capped tracker deals

Britannia Building Society is withdrawing capped tracker mortgages from the close of business today. A spokeswoman says: “We sold out of the tranche available and the decision was based on customer demand. “We have no plans to offer another capped tracker deal in the future but we will continue to closely monitor customer demand.”

Correlation streak

Professional investors are a binary breed. They may talk a good game about portfolio diversification but their existence is apparently and curiously devoid of grey. Active or passive, developed world or emerging markets, growth or income, big comp-anies or small, value or growth, stocks or bonds – for them, third ways and middle grounds are […]


CI should be ‘affordable add-on’

Critical illness cover needs to reinvent itself to become an affordable add-on to life cover, according to Bright Grey. Proposition director Roger Edwards says when the mortgage market was flourishing, CI carved itself a niche as a debt-repayment policy that would pay off the mortgage if the policyholder became ill. He says: “As the mortgage […]


Fidelity cash fund may be renamed

Fidelity says it may look at renaming its retail cash fund following last week’s FSA industry warning that the wording could mislead investors. The group says that it has already renamed its institutional money market funds to use the word liquidity instead of cash, which the regulator says implies investors’ capital is not at risk. […]

Seeking quality in uncertain markets

By Ewan McAlpine, Senior Client Portfolio Manager In uncertain times, investors naturally seek safety. But in fixed income markets, what does that really mean? Ewan McAlpine outlines the approach RLAM’s Fixed Income Team will be adopting across its credit funds in response to potentially volatile markets this year. Click here for full article


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