View more on these topics

MetLife – Freedom Income Plan

MetLife – Freedom Income Plan

Type: Fixed-term annuity

Minimum investment: Lump sum £20,000

Minimum-maximum age: 55-84

Minimum term: Three years

Minimum-maximum income: Income subject to GAD limits

Income frequency: Monthly, quarterly, every four months, half-yearly or yearly

Options: Dependant’s benefits, freedom clause enabling access to pension fund before the end of the term if policyholder becomes ill and qualifies for enhanced terms on a lifetime annuity or if a dependent dies within the term, value protection providing initial investment less any income upon death of policyholder and any dependents, guaranteed period option to ensure the current value of future payments for a period of one month to 20 years, which are paid out as lump sum on death, level or increasing income

Charges: Implicit

Commission:  Initial 3% to 6% depending on length of product term

Tel: 0845 370 6040

Recommended

Leading equity managers shun banks

Leading fund managers James Harries, Carl Stick and Richard Penny have all issued a bearish outlook on the banking sector despite cheap equity valuations. Newton £2bn global higher income fund manager James Harries (pictured), says the banking system is more concentrated now than it was during the credit crunch, despite being less geared. He says: […]

Slater looks beyond FTSE 100

London-based fund manager Slater Investments has introduced the MFM Slater income fund to provide income and growth by investing in a broader range of stocks than the FTSE 100.

11

Labour: Slash VAT to 5% for home improvements

Shadow Chancellor Ed Balls has urged the Government to give small businesses taking on new workers a one-year National Insurance tax break and called for VAT to be cut to 5 per cent for homeowners looking to make improvements to their property. Speaking at the Labour Party conference in Liverpool today, Balls urged the Government […]

4

Ford hits out at Lifemark loan deal delays

Keydata founder Stewart Ford has hit out at Lifemark provisional administrator Eric Collard of KPMG Luxemburg for failing to progress a loan facility of up to £91m aimied at taking Lifemark out of administration. Money Marketing revealed in August that Ford (pictured) had arranged the facility with a US bank prepared to offer up to […]

Neptune Global Income: Is Japan the best dividend market in the world?

By George Boyd-Bowman, Fund Manager at Neptune The Neptune Global Income Fund seeks exposure to the very best – and often overlooked – income opportunities from across the world. Unconstrained by benchmarks, the fund currently has 24 per cent invested in Japan, differentiating the high conviction portfolio from many of its peers. Watch Neptune Fund […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment