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Legal & General – Select Isa

Tuesday, 08 October 2002

Type: Unit trust mini or maxi Isa

Aim: Growth by investing in unit trusts and corporate bonds

Minimum investment: Lump sum £500, monthly £25

Maximum investment: £7,000

Catmarked: No

Investment choice: UK index, US index, European index and fixed interest trusts

Charges: Annual up to 0.75%

Commission: Initial 1% for lump sum investments, 0.75% for monthly investments

Tel: 0800 0920092


Francis calls for lifetime maximum pension deal

The Government should take drastic action if it wants to encourage greater pension savings by replacing annual contribution limits with a lifetime maximum, according to ABI director general Mary Francis.Speaking at a fringe meeting at the Labour Party&#39s ann-ual conference in Blackpool last week, Francis said the Government is too fixated with the idea that […]

Call collective

Last week, I closed with the reassuring confirmation that it seems pretty clear that the Government recognises the need to treat capital gains made by unit trust groups and life insurers differently from ordinary companies.The rationale for this appears to be that a substantial proportion of the gains of unit trust groups and life insurers […]

No slowdown in house prices, says Nationwide

There is no evidence of the housing market slowing down, with the average property price showing an annual rise of 22.2 per cent to £112,919 last month from £92,432 in September 2001, according to the latest research by Nationwide Building Society.Its analysis of the UK housing market for September shows that the average price was […]

SVM goes continental

SVM Asset Management has introduced the continental Europe fund, an Oeic that aims for capital growth by investing mainly in European large caps. The fund is benchmarked against the FTSE World Europe ex UK index and despite the focus on large caps, the portfolio will also include mid-caps that appear to have high growth potential. […]


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