View more on these topics

Legal & General – UK Fixed Income Plan 1

Legal & General – UK Fixed Income Plan 1

Type: Capital -protected bond

Aim: Income and the return of capital linked to the performance of the FTSE 100 index

Minimum-maximum investment: £3,600-no maximum

Term: Five years

Return:  6.25% gross income a year or 0.5% gross income a month

Protection: Original capital returned in full at the end of the term provided the index does not fall by more than 50% without returning to at least its initial value by the end of the term

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

Commission: Initial 3%

Tel: 0845 273 0008


Nest hunting for ethical monitor on fund factors

The National Employment Savings Trust has launched a search for a responsible ownership provider to ensure the scheme’s fund managers consider environmental, social and governance factors when they invest members’ money. Nest will use external service providers to help deliver its responsible ownership policy. In the early stages of the scheme, the fund managers will […]

Apology over rate errors on NPI site

The Phoenix Group and Henderson have apologised after 15 fund factsheets posted on NPI’s website listed incorrect annualised growth rates. NPI is part of the Phoenix Group and includes the closed life funds of Pearl Assurance and London Life Linked Assurances. Advisers contacted NPI last month expressing concerns about the fund performance rates to January […]


Serious complaint

Last week’s first edition of the FSA RDR newsletter looked like a fabulous read, so I sent it off to the home printer, which in a second gobbled up a whole cyan printer cartridge due to its purple haze. I am sure the FSA’s jolly Mr Smith, head of investment policy, did not expect the […]

Benefits of using a probate bare trust

Have you ever wondered what happens to someone’s investment bond on their death if it is not written in trust? When someone dies it is essential to deal with their estate, which can be made up of their home, belongings, investment bonds and anything else they may have owned. But, it is not as simple […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment