View more on these topics

LUTM slash initial charge on corporate bond

Lincoln Unit Trust Managers has permanently reduced the initial charge on its Corporate Bond from 5 per cent to 3 per cent.

The move will increase the income yield to 6.41 per cent from 6.31 per cent and the gross redemption yield to 5.31 per cent from 5.10 per cent.

LUTM operations director Helen Turner says: “Permanently cutting the initial charge on our Corporate Bond product will ensure that our customers get the most out of their investment.”


Inside edge

If businesses merge to achieve efficiencies and become more effective, why should regulators not take advantage of the same potential remedy?The question is largely academic now that N2 looms and that, to all intents and purposes, we have already entered the new age of a single financial regulator. But it is still worth taking a […]

&#39Polarisation not best for consumers&#39

There is a strong case for multi-ties because polarisation is not the best option for consumers, according to M&G sales and marketing director Jeffrey Mushens.At the Pep & Isa Managers Association Annual Conference in London last week, Mushens said providers, consumers, tied salesforces and some IFAs would benefit from multi-ties.He questioned whether polarisation was in […]

Namba chief executive Jennings quits

The chief executive designate of the National Association of Mortgage Brokers and Advisers Julian Jennings has resigned amid industry speculation about his role in the demise of Century Mortgages.Jennings, who was compliance consultant to the lender when it was shut down by the DTI in 1999 for compliance failings, says he is stepping down due […]

Aberdeen sees profits grow 37 per cent

Aberdeen Asset management increased its pre-tax profit by 37 per cent to £48m for the year to September 2001, up from £35m in 2000.Profits increased by 57 per cent to £182m in 2001, up from £115m in 2000, while assets under management increased 58 per cent to £34bn from £21bn, in a year when the […]

Guide cover

Guide: how to… communicate with your pension members

Effective communication of your pension scheme is a large part of getting auto-enrolment right. Delivering the same message to all employees is not necessarily the way to go. To assist you with the communication of your pension scheme, we have provided some key areas to think about, such as:

  • What to consider when segmenting your workforce
  • How to communicate to pension scheme members at the right time in their member lifecycle
  • What topics you should be discussing with your pension members
  • The new pension freedoms and the importance of communicating them


News and expert analysis straight to your inbox

Sign up


    Leave a comment