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Legal & General – Six-Year Growth Deposit Bond 7

Legal & General – Six-Year Growth Deposit Bond 7

Type: Capital-protected bond

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

Minimum-maximum investment: £500-no maximum, Isa £5,340

Term: Six years

Return: The greater of 15% of the original investment or 100% of the growth in the index at the end of the term capped at 50% of the original investment

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: June 17, 2011, June 3, 2011 for Isa transfers

Commission: Initial 3%

Tel: 0845 273 0008


BSA warns over increased regulatory costs

The Building Societies Association has called on regulators to minimise the impact of increased regulatory costs on mutuals under the new regulatory structure. Speaking at the BSA’s annual conference in Birmingham today, BSA chairman David Webster said the Government’s February consultation paper, A new approach to regulation, makes clear regulatory costs for smaller mutuals will […]


Actuaries want rise in £150 tax limit on advice

The Government is facing renewed calls to increase the £150 tax-free limit on independent financial advice paid for by employers. In its submission to Lord John McFall’s workplace retirement income commission call for evidence, the Association of Consulting Actuaries urges policymakers to improve fin-ancial education to create a “culture of saving” in the UK. ACA […]

Savills Private Finance completes management buyout

Savills plc has completed the sale of Savills Private Finance to the brokerage’s senior management team, Money Marketing can reveal. Savills plc will continue to hold a 19.99 per cent stake in the business, with 80.01 per cent of the shares being held by the SPF management team. The business will be renamed SPF Private […]

Trusts and Taxations

Take a look at the trusts and trustee taxation video – The definition and classification of trusts. Once you’ve viewed the boxset, visit our Test Centre to test your learning and get your CPD certificate. View here


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