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Legal & General – Six-Year Growth Deposit Bond 6

Legal & General – Six-Year Growth Deposit Bond 6

Type: Capital-protected bond

Aim: Growth linked to the performance of the FTSE 100 index

Minimum-maximum investment: £500-no maximum, Isa £5,100

Term: Six years

Return: The greater of 15% of the original investment or 100% of th growth in the index at the end of the term

Protection: Original capital returned in full along with a 15% minimum return at the end of the term regardless of the performance of the index

Closing date: April 21, 2011, April 8, 2011 for Isa transfers

Commission: Initial 3%

Tel: 0845 273 0008


Duke Street takes majority stake in UK Wealth

Private Equity firm Duke Street has acquired a majority interest in IFA UK Wealth Management in a deal worth more than £10m. UKWM was known as Yorkshire Investment Group until its rebrand in January, which saw former Co-op IFA chief executive Lynne Coleman prom-oted from managing director to chief executive. The deal was negotiated by […]


Sants apologises for saying 20% adviser loss acceptable

FSA chief executive Hector Sants has apologised for any offence caused when he said losing 20 per cent of advisers as a result of RDR was acceptable. Giving evidence to the Treasury select committee on the RDR this afternoon. Sants said he had not intended to cause offence but was instead laying out data from […]


FSA urged to take action on Clydesdale and Yorkshire Banks

Consumer Focus has called on the FSA to take enforcement action on Clydesdale and Yorkshire Banks unless they stop pursuing customers for shortfalls relating to miscalculated repayments. In July last year, Clydesdale and Yorkshire Banks revealed they had inaccurately calculated interest rates for 18,000 of its variable and tracker mortgage holders, meaning the minimum repayments […]

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The politics of healthcare

Healthcare is already one of the key battlefields in May’s general election, with each of the main parties committing to deliver improvements to the NHS and public health.


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