View more on these topics

Meteor Asset Management – Prima Platinum Plan 9

Meteor Asset Management – Prima Platinum Plan 9

Type: Capital-protected bond

Aim: Growth linked to the performance of the FTSE 100 and S&P 500 indices

Minimum investment: £10,000-no maximum, Isa £10,200

Term: Six years

Return: 11% growth plus the original capital at the end of year one provided both indices are at or above their initial values, 22% growth plus capital at the end of year two, 33% growth plus capital at the end of year three, 44% growth plus capital at the end of year four, 55% growth plus capital at the end of year five or 66% growth plus cpaital at the end of year six

Protection: Original capital returned in full at the end of the term provided neither index falls by more than 50% without returning to at least its initial value

Closing date: January 31, 2011, January 21, 2011 for Isa transfers

Commission: Initial 3%

Tel: 020 7904 1010


Ernst & Young faces US lawsuit over Lehman

Ernst & Young has been sued by New York’s attorney general over its role in the collapse of Lehman Brothers in 2008. The accountancy firm has been accused of being complicit in a “massive accounting fraud” which Lehman ran. Ernst & Young has said it will “vigorously defend” itself, claiming that there is no factual […]

Asset Protection Scheme has not encouraged lending, says NAO

The Treasury’s Asset Protection Scheme, which was designed to enable the Government to protect UK financial institutions against future credit losses, was only “partially successful”, according to the National Audit Office. In a report published today, the NAO says one of the key aims of the scheme, encouraging lending to credit worthy individuals, only partially […]

Burns Anderson to take on ‘orphan’ clients

Honister Capital is planning to expand the small employed arm of Burns Anderson to take over the clients and assets left behind by retiring Honister advisers. Speaking to Money Marketing at the Honister Capital annual conference in Brighton last week, the company’s chief operating officer Richard Pearson says that he expects 9 per cent of […]


FSA to review exam standards for pension transfers and mortgages

The FSA is to carry out a review of the examination standards for pension transfers business in Q1 next year, followed by a review of mortgage exam standards. The regulator published proposals in June to update appropriate exam standards every three years. The FSA has today published its final rules on competence and ethics, and […]


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