View more on these topics

M&G offers discount on Fof range

M&G will offer a 1 per cent discount to investors in its Cazenove-managed fund of funds range when it launches next week.

The initial charge on M&G&#39s growth, balanced and UK growth portfolios will be discounted to 3 per cent from 4 per cent until April 5, although its annual charge will remain at 1.5 per cent. Commission is 3 per cent with 0.5 per cent trail.

Recommended

Northern Rock launches new fixed rate bonds

Northern Rock is launching three new limited issue fixed rate bonds.The bonds will bear interest rates of 4 per cent for one year, 4.15 per cent for two years and 4.3 per cent for three years.They will be available by postal applications or through Northern Rock branches from January 8 on investments of at least […]

Warnings of backlash on multi-manager fees

Fund-of-funds providers could face resistance from investors if theycontinue to hit them with costly and obscure charges in falling stockmarketconditions, IFAs claim.Research conducted for Money Marketing reveals that third-party fundmanager fees and attributable expenses continue to raise total expenseratios for many multi-managers to between 2.5 and 3 per cent a year.The worst offender is Artemis, […]

Radical Revenue clears the way

So we have finally got sight of the long-awaited Pensions Green Paper and,crucially, the results of the review undertaken by the Inland Revenue.The Green Paper contained few surprises, with most of it having beentrailed in advance, but the Revenue review is very helpful and should leadto simplification if implemented. We should remember that these are […]

Smith made deputy sales director at Scottish Life

Scottish Life is promoting Jim Smith to the newly created position of deputy sale director from his former role as head of promotion and e-business.Smith, who was formerly head of remote distribution at NPI and assistant executive director, sales at Abbey Life, will report to sales director Jim Gilchrist.Scottish Life chief executive Brian Duffin says: […]

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