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Legal & General – Portfolio Plus Trustee Investment Plan

Legal & General

Portfolio Plus Trustee Investment Plan

Type: Trustee investment plan

Minimum premium: Lump sum £25,000

Minimum term: Five years

Investment choice: Maximum of 10 funds from range of 250 funds from 40 fund management groups

Charges: Annual 1% for first five years, thereafter 0.1-0.6% a year depending on fund value, annual 0.2-2.5% fund management charge depending on funds chosen

Allocation rate: 100-105% dependent on the commission taken

Switches: First 12 switches each year are free, additional switches £12 each

Commission: Initial up to 5%, up to 0.5% fund-based renewal

Tel: 08452 707010


This week in Mortgages

The big news of the week has undoubtedly been GMAC’s announcement that it is the first lender to offer point of sale offer to customers.

IFAs could have hedge role

Advisers can be the “gatekeepers” to allowing the average investor to benefit from the high returns delivered by hedge funds, says John Redwood. Speaking at a meeting with the IFA Defence Union, the MP said the Tories are looking at ways to give more people access to hedge funds. He said IFAs need to be […]

Age-old dilemma

Those involved in pensions 15 years ago will have the words Barber and Guardian Royal Exchange etched on their memories. This case centred on a European Court of Justice ruling that it was unlawful to prevent a man from getting his (in this case early retirement) pension at the same age as a woman.

HMRC helping to remove artificial gains

An investment bond offers investors certain tax advantages, one of which is the ability to take partial surrenders from the investment. This facility allows the policyholder to withdraw amounts up to 5% of the amount invested each policy year on a tax deferred basis, without incurring any immediate tax liability. This tax deferred allowance can […]


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