View more on these topics

Liverpool Victoria – With-Profits Income Bond

Type: With-profits bond

Aim: Income by investing in equities, corporate bonds and property
Minimum investment: Lump sum £10,000

Bonus rate: 4.25%

Investment split: 30% equities, 30% corporate bonds, 40% property

Allocation rates: £10,000-£49,999 &#45100%, £50,000-£99,999 &#45 125%,
£100,000-£500,000 &#45 100.5%

Charges: 0.085% a month management charge for first five years

Commission: Subject to negotiation

Tel: 0845 6020690


FMG sees sun rise on emerging three

FMG Fund Managers is taking advantage of the revival in the Far East and emerging markets by introducing the FMG rising3 fund. This multi-manger hedge fund focuses on three countries &#45 China, Russia and India &#45 with a different fund manager responsible for each region. However, the managers will all short-sell overvalued equities and buy […]

Ship chief defends NU over equity plan

Safe Home Income Plans chairman Jon King has responded to concerns raised by a mortgage broker over the fairness and simplicity of Norwich Union&#39s equity-release mortgage. Mortgage Portfolio Services principal Simon Chalk wrote to Ship a few weeks ago, asking it to review NU&#39s membership after he and Charcol senior technical manager Ray Boulger criticised […]

Pensions tsar Turner says with-profits is what consumers need

Pensions tsar Adair Turner has thrown his weight behind with-profits, arguing that smoothing can give investors the long-term benefits of equity investment while limiting risk. The head of the Government&#39s compulsion commission told the National Association of Pension Funds annual conference last week that both occupational schemes and insured schemes were shifting intolerable levels of […]

Abbey at centre of closure rumours

Abbey says it will not comment until next year on speculation that it may close the Edinburgh office of Scottish Provident, with the loss of up to 500 jobs. Following reports that trade unions expect 500 out of 750 jobs at the Edinburgh office to be lost as Abbey continues to review its sites, Abbey […]

The savvy consumer

In last year’s FCA thematic review of the mortgage market, one of the key things highlighted was the “savvy consumer”. That’s the client who comes in the door with a very clear idea of what they need and expect you to get them it. They don’t think they need advice, they have after all consulted […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment