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Legal & General – Managed Bond Fund

Unit-linked fund

Income by investing in Legal & General&#39s Fixed Interest Trust and High Income Trust

Minimum investment:
Lump sum £5,000 via Legal & General&#39s Investment Bond

Investment split:
70% Fixed Interest Trust,
30% High Income Fund

Investment Bond establishment fee 0.5% a year for first five years, initial charge 1.25%-2.5% for investors age 75 and over, annual 1%

Subject to negotiation

Tel: 02920 354474


Mortgage Express chief rejects BTL practice code

Mortgage Express managing director Tim Dawson has hit out at AMI calls for buy to let to come under a code of practice, saying the comments are “misplaced”. The AMI says introducing a code of practice would bolster confidence in the BTL sector, a view backed by Zurich Mortgage Network which wants a code similar […]

Abbey introduces fast-track service

Abbey for Intermediaries has introduced a fast track process for low risk customers borrowing less than 60 per cent LTV and less than £500,000. The deal applies to both employed and self-employed borrowers and is part of a new flexible lending policy based on affordability. Abbey says the changes have been made in line with […]

Warning to IFAs on endowment complaint dates

IFAs face substantial risks from the new FSA rule requiring endowment holders to be given a specific date before which they have to make a complaint, according to consultancy Financial Interest. The specialist complaints-handling firm for IFAs says the FSA rules have been written to protect investors but will end up penalising IFAs. The rule […]

&#39Government torpedoeing Isa flagship&#39

The Government has turned investors off saving by cutting the Isa allowance and abolishing tax credits on the account dividends, says Isis Asset Management. Its research reveals that 30 per cent of savers now feel less inclined to invest in Isas as a result of the plans to abolish tax credits on dividends and reduce […]


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