View more on these topics

NDF growth plan aims for 8.25 per cent a year

NDF administration has launched its growth plan tracker product for July 05.

The plan has an investment term of 6 years and is linked to the FTSE 100 index and the Dow Jones EuroStoxx index.

The product provides a capital guarantee providing the indices do not fall by more than 50 per cent but it aims to provide growth equivalend to 8.25 per cent on the capital for each year invested.

Depending on the performance of the index the plan could mature early.

Recommended

McCarthy slams EU over directive

FSA chairman Sir Callum McCarthy has attacked the EU for its handling of the markets in financial instruments directive at the FSA conference last week. He branded the EU irrespon-sible for failing to conduct a cost benefit review before issuing the directive and said it was far from clear that the benefits to the UK […]

Correspondent’s View

This week Helen Pridham, freelance journalistBeing freelance has its pros and cons. On a Monday morning in high summer, wandering upstairs in bare feet to get to your office certainly beats squeezing on to a busy commuter train. On the other hand, if your “to do” list for the week looks scarily short or unmanageably […]

At your discretion

In my consideration of the two main trust types to choose from for receiving nil-rate band transfers, I looked last week at the main tax implications of the flexible interest in possession trust. This week it is the turn of the discretionary trust.

Converting pension savings to a retirement income…

Since last year’s reforms to pension legislation, a significant number of retirees have chosen income drawdown over purchasing an annuity. Income drawdown is more flexible than an annuity. However, it also increases the likelihood that individuals won’t be able to maintain their income throughout their lifetime. In this short video, we explain the risks that […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment