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Matrix Money Management – Unicorn Aim VCT II

Venture capital trust

Growth by investing in companies listed on Aim

Minimum investment:
Lump sum £2,500

Closing date:
April 1, 2005

Initial 5.5%,
annual 2%

Initial 2.25%,
renewal 0.375%

Tel:020 7295 3377


FSA backs trail with service

The FSA has hit back at calls by politicians to ban trail commission but say IFAs must prove they are giving ongoing advice. It says its research shows that many consumers prefer a commission-based method of remuneration to payment by fees. However, it will tighten up its rules on trail to ensure that it is […]

Fidelity offers taste of Indian spice

Fidelity Investments has added a sterling share class to a Sicav fund that invests in India. The Fidelity India focus fund invests mainly in shares listed in India but also holds companies deriving most of their income from the region. Factors affecting growth in the region are different to other emerging markets and this is […]

Get in training

Mortgage regulation at the moment could be compared with being at the 18-mile mark of a marathon. Most of the strong runners have already passed the finishing line by receiving their FSA grant of permission. Some of the field may have dropped out along the way and others are still trying to make it home. […]

NU move shows stakeholders just aren&#39t working

At last, Norwich Union, one of the major supporters of stakeholder pensions, has effectively admitted that SHPs are not commercially viable. Rather than tell the government the &#39facts of life&#39 and dump stakeholders, its solution for the future is to cross-subsidise the distribution of stakeholders with non-charge-capped pensions. It is indefensible that one customer should, […]


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