View more on these topics

Legal & General – Protected Index Plan

Monday, 10 February 2003

Type: Guaranteed equity bond

Aim: Growth linked the performance of the FTSE 100 index

Minimum-maximum investment: £1,000-no maximum, £7,000 Isa

Term: Five years six months

Guarantee: Capital returned in full regardless of the performance in the index

Return: 100% of any growth up to 60%

Closing date: March 14, 2003

Commission: Initial 3%

Tel: 020 7528 6773


Yorkshire aims to strike right Accord

Yorkshire Building Society is setting up an intermediary subsidiary, Accord Mortgages, to extend its lending criteria away from the traditional society approach to lending. It says the launch of Accord in March or April will give it freedom to develop products that are wanted by brokers such as loans with higher income multiples. Yorkshire Building […]

Discount deals put Portal into fund top five

Money Portal, the company set up to buy discount brokerages, has acquired Willis Owen and HCF Partnership as part of its plan to become the leading distributor of UK retail funds.In the first in a series of purchases which will see the company make three further acquisitions worth £20m by March, Money Portal has paid […]

GMAC appoints new chief executive

Mortgage lender GMAC-RFC has appointed Robert Appel as chief executive officer to replace Colin Duggleby who has stepped down as a result of a serious illness. Appel joined GMAC-RFC in 1999 as managing director. The lender has also appointed Barry Searle to the newly created position of commercial director, David House as product development manager […]

Taking stock of the Isa tax axe

The Government seems steadfast in its determination to abolish the 10 per cent tax credit on dividend distributions in Isas and Pima remains steadfast in its determination to oppose this move. Make no mistake – our campaign goes on.Of course, we understand the political difficulty. The overall move on tax credits is a part of […]


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