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Legal & General – Global Emerging Markets Index Fund

Legal & General – Global Emerging Markets Index Fund

Type: Unit trust

Aim: Growth by tracking the FTSE All-World Emerging Index

Minimum investment: Lump sum £500, monthly £50

Investment split: 100% tracking the FTSE All-World Emerging Index

Isa link: Yes

Charges: Annual 0.65%

Commission: Renewal 0.25%

Tel: 0845 070 8684


£400M surplus for PPF after £1bn deficit

The Pension Protection Fund has reported a £400m surplus for 2009/10 compared with a £1.2bn deficit for the previous year. The PPF says the figures, published on Monday as part of the PPF’s 2009/2010 annual report, are due to improvements in the financial markets and a reduction in costly claims. Chief executive Alan Rubenstein says […]

Bright Grey underwriting chief moves to Aviva

Aviva has appointed Robert Morrison as chief underwriter with immediate effect. Morrison joins Aviva after seven years as head of underwriting and claims at Bright Grey. Prior to Bright Grey he spent nine years with Abbey National Life. He is a member of the Association of British Insurers’ Medical Underwriting Committee and Financial Ombudsman Liaison […]

Novatis launches ‘insourced’ discretionary management service

Novatis Asset Management is offering IFAs a discretionary investment management service that allows assets to stay invested on existing platforms. The ’insourced’ service allows IFAs to keep the assets invested on their existing platforms, where many other discretionary services move assets onto their own platform. Novatis then runs the investments on a day-to-day basis but […]


Labour Party calls for rethink on RDR grandfathering

The Labour Party has urged the FSA to offer some kind of grandfathering to experienced advisers concerned about reaching the QCF level 4 requirements by the end of 2012. Speaking at last night’s Parliamentary debate on the RDR, Shadow Treasury minister Christopher Leslie said he understands and agrees with the move to QCF level four […]

The FCA’s five fixes for retirement information

The Financial Conduct Authority (FCA) has started to change the way that people will be told about their pension options. In a recent market study paper, they lay out their final proposals on the information that should be delivered to people approaching retirement and how it should look and feel. During 2015, there will be […]


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