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Neptune joins Skandia fund platform

Neptune, the fund management company previously known as Orbitex, has joined Skandia&#39s multi-manager platform.

Neptune&#39s market leading balanced and UK equity funds are now available to Skandia&#39s MultiBond, MultPension, MultIsa, MultiPep and MultiFund investors.

Skandia investment marketing manager Ian Thomas says: “Since its launch May 2002 Neptune has quickly built itself an excellent reputation in the industry. We are really pleased to welcome it to our platform.”


Sole trader IFA gets PI waiver from FSA

The FSA has granted its first professional indemnity insurance waiver to a sole-trader IFA firm.The waiver granted to Reading-based Belbury Financial Services is the second year-long exemption permitted by the regulator since the current crisis began.The move means Belbury will not have to have PI cover until March 2004 as long as it maintains reserves […]

FSA bans adviser for unauthorised secondhand sales

The FSA has banned Yorkshire financial adviser Kevin Allsop from working in the financial services industry after selling secondhand endowment policies without authorisation.The regulator has evidence that Allsop bought at least 55 secondhand endowments and sold 50 of them to 50 different people between 1994 and 2001. It says that most of the polices have […]

Friends Intl duo offering access to wide asset range

Friends Provident International is adding a single-premium bond and regular-premium savings plan to its Isle of Man-based product range.The reserve wealth management account is a single-premium bond that can be tailored to suit individual investors&#39 requirements.It is available in two versions. The first allows investors to choose from a wide range of assets including equities, […]

nvesta – Quad Tracker Plan

Friday, 4 April 2003 Type: Capital protected bond Aim: Growth linked to the performance of the FTSE 100 index Minimum-maximum investment: £3,000-£2m Term: Six years Guarantee: Original capital returned in full providing index does not fall by more than 50% Return: Up to four times the growth in the index subject to a maximum of […]


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