View more on these topics

London & Capital – Cautious Income Portfolio

London & Capital – Cautious Income Portfolio

Type: Managed portfolio available through a range of platforms

Aim: Income and growth by investing in a multi-asset portfolio of investment funds including exchange traded funds and tracker funds

Minimum investment: Lump sum £1,000

Investment split: 60% bonds, 25% equities, 15% cash

Isa eligible: Yes

Charges: Platform charge negotiable between adviser and platform, annual 0.25%

Commission: Negotiable between the adviser and client

Tel: 020 7396 3200

Recommended

Only 12% of sales involved suitable advice, says FSA

The FSA says just 12 per cent of Arch cru sales were found to involve suitable advice based on an external file review of a small number of cases. The regulator published a consultation paper this week on plans to implement a £110m consumer redress scheme for between 15,000 and 20,000 Arch cru investors. Firms […]

3

Q&A: What the Arch cru redress scheme means for firms

What is a consumer redress scheme? New powers were given to the FSA in 2010  to create consumer redress schemes to deal with specific market failures. Under section 404 of the Financial Services and Markets Act the FSA can require firms to review their sales and, where relevant, pay redress. The FSA can set up […]

Income Protection Task force creates draft IP charter

The Income Protection Task Force has developed a draft charter for the industry to consider which aims to get more customers to buy IP. The IPTF is calling for a quality standard for the product that will differentiate it from payment protection insurance and reassure them the policy meets minimum standards. The IPTF says IP […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment