View more on these topics

MetLife moves into Jersey market with two bonds

MetLife is making its first move into the Jersey market with the launch of guaranteed growth and guaranteed income bonds.

Both products are set for launch imminently. Minimum investment is £10,000.

The growth product offers a choice of three BlackRock portfolios – defensive, conservative and cautious. All capital is protected and growth is locked in at the anniversary of the contract.

The income product also uses the three BlackRock portfolios and is guaranteed not to fall in value, irrespective of investment conditions.

The firm has appointed Paul Frankland as sales development manager. Frankland joins Met-Life from Aviva, where he was investment sales manager. He has worked in Jersey for the past 17 years in financial services.

Recommended

Old Mutual chief exec Bob Head resigns

Old Mutual Wealth Management chief executive Bob Head is to leave the firm. Head has been with Old Mutual since 2003 and took up his current role in 2009 under the remit of bringing together the businesses of Skandia UK, Skandia International, Skandia Investment Group and Skandia Continental Europe. Old Mutual says when Head took […]

mm gregorwattside

The trouble with annuities

The turbulent markets make buying an annuity a tricky proposition and getting it wrong could mean losing thousands in the long term.

2

Advice must access all areas

The issue of simplified advice has once again been pushed back by the FSA. This calls for a complete review of what simplified advice is so we can plan ways to deal with the serious problem that a big proportion of the population will have no access to professional financial advice. Evidence shows very few […]

Private equity firm set to buy James Hay parent for £205m

James Hay parent company IFG Group is in excusive talks to be acquired by private equity firm Bregal Capital for £205m. The firm announced in May that in was in talks with two firms, both believed to be private equity vehicles, about a possible acquisition. The bid values the firm at a 35 per cent […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment