View more on these topics

New Star International – New Star Capital Guaranteed Higher Income Fund

Wednesday, 30 October 2002

Type: Capital guaranteed offshore fund

Aim: Income and growth by investing in UK companies

Minimum investment: £15,000, $25,000, euros 25,000

Place of registration: Bermuda

Investment split: 100% invested in UK companies

Guarantee: 90% of original capital returned in full at end of term

Yield: 4% gross income a year, paid half-yearly

Isa link: No

Charges: Initial 3%, annual 2%

Commission: Subject to negotiation

Contact: www.newstarint.com

Recommended

L&G slashes terminal bonuses by up to 9.5%

Legal & General has cut payouts on with-profits by an average 9.5 per cent for pensions and 7.5 per cent for other life policies.The company, which has completed a rights issue, says it was forced to take action following significant falls in world equity markets. Only terminal bonuses are affected, with annual bonus rates remaining […]

BM Solutions BTL deal offers portfolio of 25 properties

Specialist lender BM Solutions is entering the professional landlord buy-to-let market with a mortgage allowing each borrower to have up to 25 properties in their portfolio.The 25 To Let product lets landlords borrow up to £2.5m on the maximum of 25 properties with a loan to value of 75 per cent or less on each […]

&#39Bonfire&#39 for Fishwick as IFAs get a lifeline on split caps

IFAs will be liable in the split-cap crisis only if they went beyond claims made by trust managers when advising clients, the AITC has told the Treasury select committee inquiry.Aberdeen Asset Management&#39s former head of investment trusts Chris Fishwick denied collusion, saying the firm never invested in another trust on the understanding of receiving future […]

Virgin One plans renaming brand as The One Account

Virgin One is set to be renamed The One Account when it scraps the Virgin brand at the end of the year.Virgin One says it is expecting the new name to be agreed in the next few weeks.Following research, it says this name is emerging as the most popular choice because it refers to how […]

The Downsizing Delusion: Why relying exclusively on your home to fund your retirement may end in tears

By Steve Webb, director of policy The British obsession with homeownership can have dangerous consequences. A recent survey by Barings¹ found that up to three million people of working age were planning to rely wholly on the value of their home to fund their retirement. We are not talking about people investing in buy-to-let or […]

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