View more on these topics

Martin Currie launches simple Isa

Martin Currie has opted for a simple approach for its opening Isa product and will offer a stocks and shares maxi-Isa only.


The Isa will be available in either the Growth Portfolio Fund or the Income Portfolio Fund, which are the group&#39s two most popular funds with Pep investors.


Martin Currie Unit Trusts managing director Sandy Dudgeon says: &#34Simplicity is the key to our Isa. We are sure there will be demand for an actively managed equity only Isa – even without a Cat mark. That is what our clients have asked us for. That is what we are giving them.&#34

Recommended

Public still ignorant about flexible mortgages

Over nine out of ten people are ignorant of the potential benefits of flexible mortgages according to a survey by The Mortgage Business.The research shows that 96 per cent of customers have no knowledge of flexible mortgages when first asked.This is despite the fact that three quarters of the sample had moved or remortgaged in […]

Legal & General urges borrowers to remortgage

Legal & General is urging borrowers to consider re mortgaging because it could save them £800 a year.Its latest survey shows that homeowners who have changed to a cheaper loan have saved on average £65 a month.It found that 25 were dissatisfied with their mortgage but only 53 per cent have ever considered re mortgaging.It […]

Mercury changes name of high yield fund

Mercury Asset Management is boosting the yield of its High Yield Bond Fund and changing the fund&#39s name to the Mercury High Income Bond Fund.The fund&#39s gross yield will increase from the current 5.5 per cent to an estimated 8 per cent per annum over the next three months, and Mercury will use the fund […]

Norwich & Peterborough announces business figures

The Norwich and Peterborough Building Society saw record levels of mortgage lending in 1998 totalling £350m up from £337m in 1997.Group pre-tax profits grew to £16.84m up slightly on 1997&#39s £15.89m.The lender says that the figures demonstrate the strength of mutuality in what is an increasingly competitive market.Commercial lending was up 10m increasing to £42m […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment