View more on these topics

London Pacific Assurance – Guaranteed US Dollar Bond

Friday, 16th February 2001.

Type: Offshore bond.

Aim: Growth by investing in corporate bonds.

Minimum investment: $10,000.

Place of registration: Jersey.

Investment split: 100 per cent in corporate bonds.

Guarantee: Capital returned in full at end of term regardless of performance of underlying investment.

Yield: 6.25 per cent gross a year.

Isa link: No.

Charges: None.

Commission: Initial 2 per cent.

Tel: 01534 607780.



Pru axes 2,000 sales staff

Prudential is axing 2,000 jobs from its direct sales force over the next 12 months, in a move towards greater internet and telephone service. The job losses will come from its sales force, sales support operations and central back-office and administration support. The Pru&#39s direct sales force numbered 9,296 in 1991 but the restructuring will […]

Investec appoints analyst

Investec Asset Management is appointing Christine Johnson as a high-yield analyst on its fixed income scheme. Her work will focus on credit markets. Johnson joins from Royal and Sun Alliance Investments where she was also a high-yield analyst. Investec head of fixed income Paul Griffiths says: “Her experience in this area will bolster our credit […]

Family Assurance announces restructuring

Brighton-based friendly society Family Assurance is restructuring into three divisions, which will together form the Family Assurance Group. The reorganisation will include the launch of a new company called Family Enterprise, dedicated to exploring opportunities arising from the greater freedom friendly societies will have when the Financial Services and Markets Act 2000 comes into force. […]

Poles Apart – the second stage

The industry is now confronting the inevitability of change to polarisation. We believe the stakeholder regime at least will be changed although there is no certainty that depolarisation will be extended to the whole of the market. Given this, from the point of view of IFA businesses we think there is a great deal to […]

Harris Associates' view on the UK’s vote to leave the EU

By David Herro, Partner, Deputy Chairman, Portfolio Manager and Chief Investment Officer of International Equity at Harris Associates Britain’s vote to exit the European Union has led to significant uncertainty across global markets. We believe market impact of this uncertainty, though severe, is more of a shorter-term phenomenon which will provide an opportunity for long-term […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm