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London & Colonial – Open Annuity

Wednesday, January 2, 2002.



Type: Investment-linked annuity.

Minimum investment: £250,000.

Minimum age: Depends on scheme.

Income frequency: Annually, monthly or ad-hoc.

Charges: Initial up to £999,999 2.5 per cent,

£1m-£2,499,999 1.75 per cent, £2.5m and above 1.5 per cent, annual

1.5 per cent.

Commission: Initial 1 per cent, renewal 0.5 per cent.

Tel: 01444 415630.

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