View more on these topics

Nationwide – Nationwide High Income Fund

Friday, 26 October 2001.

Type: Unit trust.

Aim: Income by investing in UK corporate bonds, overseas equities and fixed interest securities.

Minimum investment: Lump sum £500, monthly £50.

Investment split: UK corporate bonds 97 per cent, overseas equities 2 per cent, fixed interest securities 1 per cent.

Yield: 6.5 per cent.

Isa link: Yes.

Pep transfers: No.

Charges: Annual 1 per cent.

Commission: None.

Tel: 01793 655195.


Life offices face upheaval in Baird bid to update solvency

Life offices are braced for the biggest regulatory shake-up in years following sweeping recommendations from the FSA&#39s Equitable inquiry on solvency requirements.The recommendations are part of the Baird report on the FSA&#39s handling of Equitable Life. They could see current practices scrapped, including the use of future profits and reinsurance contracts to boost headline financial […]

Taking care of business

The onset of mortgage regulation need not cause admin horror for intermediaries.The proposals set out in CP98, the consultation paper proposing the new mortgage regulations, focus heavily on regulating the level of information given throughout the entire mortgage life cycle, from pre-sale to redemption.Currently, lenders book most business through intermediaries, so these proposals will make […]

Bankhall and DBS offer N2 support

Bankhall has developed an N2 package for directly PIAregulated members to ensure they meet the changed compliance requirements.It is also running 18 presentations around the UK until November 7, emphasising the importance of senior management responsibility, effective systems, controls and risk assessment, the implication of the new approved persons&#39 regime and the code of practice […]

ICMG – Sub Prime

Friday, 26 October 2001.Fixed term: Until March 31, 2003.Fixed rate: Loans up to 70 per cent of valuation – 6.75 per cent, 71 percent and above – 7.25 per cent.Minimum loan: £25,001.Maximum loan: Up to 95 per cent of valuation subject to a maximumof £1m.Income multiples: 3.5 times principal income plus second or threetimes joint.Arrangement […]


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 thought leadership.

    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