View more on these topics

Meteor Asset Management – FTSE 5 Quarterly Defensive Plan 3

Meteor Asset Management – FTSE 5 Quarterly Defensive Plan 3

Type: Capital-protected bond

Aim: Growth linked to the performance of five FTSE 100 companies in different sectors – HSBC Holdings, Royal Dutch Shell, Tesco, BHP Billiton and GlaxoSmithKline

Minimum-maximum investment: £10,000-no maximum, Isa £10,680

Term: Five years and two weeks

Return: Growth of 3.9% for each quarter the plan is invested plus original capital provided all five shares are at or above 85% of their initial values

Protection: Original capital returned in full at the end of the term provided none of the shares falls by more than 50% by the final day of the term

Closing date: December 20, 2011 for bank transfers, December 15, 2011 for cheques, December 8, 2011 for Isa transfers

Commission: Initial 3%

Tel: 020 7904 1010

Recommended

1

HMRC relaxes pension tax ‘carry forward’ rules

The Government has relaxed pensions tax rules to allow investors who exceed the annual allowance of £50,000 to make higher contributions from previous tax years using ‘carry forward’. Under HM Revenue & Customs rules, investors can ‘carry forward’ unused pension contributions from the previous three tax years to avoid paying an annual allowance charge on […]

Bluefin clients follow Mike Godfrey to Cube

Cube Financial Planning co-founder Mike Godfrey says a large number of former clients who moved to Bluefin in 2008 when the network bought his business have transferred to his new firm. Bluefin acquired Godfrey’s former firm, FS3, in 2008 for £3.6m. He was appointed head of London and the South-east at the network but quit […]

AS 2011: OBR downgrades growth and increases borrowing projections

The Office of Budget Responsibility has downgraded its growth forecasts and says that Government borrowing will fall more slowly than previously expected. Data released by the independent forecaster alongside the Chancellor’s autumn statement predicts the economy will grow by 0.9 per cent in 2011, 0.7 per cent in 2012 and 2.1 per cent in 2013. […]

16

Money Advice Service refuses to reveal expenditure details

The Money Advice Service has refused to answer questions about how much it is spending on redundancy packages, directors’ remuneration and overseas trips for senior management. Money Marketing submitted questions to MAS chief executive Tony Hobman (pictured) last week but the service has refused to provide detailed answers as it is not yet subject to […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com