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L&G launches Pep and Isa transfer offer

Legal & General is launching a special offer on Pep and Isa transfers to give investors extra tax free income.

Those investing in the company’s corporate bond funds will have management fees deducted during 2001 for the Pep and Isa transfers refunded.

The offer applies to transfers completed by June 30, 2001. Investors must ensure funds are transferred into L&G by June 30 and the funds must remain invested with L&G until December 31.


Chelsea Building Society – Portfolio Extra Fixed Rate Bond

Friday, 8 June 2001.Type: Unit linked bond and high interest account.UNIT LINKED BONDAim: Income and growth by investing in up to six Norwich Union investment funds.Minimum investment: £7,000.Fund links: With-profit, guaranteed, defensive managed, cautious managed, balanced managed, property, deposit, gilt, global bond, corporate bond, higher income bond, UK index tracking, with-profit income fund, UK equity, […]

Flexible whole life continues to decline

Hopes that sales of flexible whole life policies had turned the corner to recovery in 1999 have been dashed this year. Following years of decline, sales figures for flexible whole life policies jumped from 188,000 in 1998 to 202,000 in 1999 according to the Association of British Insurers (ABI). However, in 2000 the fall resumed […]

The commission mission is to show the low points

Consumers think commission is too high, according to the Financial Services Consumer Panel, while many IFAs argue commission on some products is too low. These views are not irreconcilable. To deal with consumers first. In stark monetary terms, commission can take a sizeable chunk out of a product. In advisers&#39 defence, distribution is a necessary […]

GMAC builds team in bid to boost lending

All-status mortgage lender GMAC RFC is overhauling its management and sales teams in a bid to strengthen its position in the lending and securitisation markets. Following its move earlier this year to boost its presence in the sub-prime sector by slashing rates across its product range, GMAC has made a series of appointments to new […]

Leading Edge June – Investment panel debate

RLAM’s asset class specialists discuss some of the findings from the panel session at our recent Investment Conference. By Rob Williams, Head of Distribution Welcome to the latest edition of Leading Edge. It has been an eventful six months since the last e-zine. The European Central Bank announced ongoing stimulus measures, while the immigration crisis in Europe threw the […]


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