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Nice to be in control

If anyone is still able to follow David Playfair&#39s logic(?) (Money

Marketing, March 30), let me briefly finalise the issue.

I confess to ignorance but only of clairvoyance, not product knowledge.

My own circumstances allowed me to finish a 25-year mortgage in 14 years,

paying what I wanted when I wanted, not whatever was demanded whether I

liked it or not.

Whatever abacus David Playfair uses would make me the winner.

David assumes I did not have a side by side investment. As it happens, I

did. A unit-linked endowment, believe it or not. I have still got it, I

like it and it is mine.

Never been assigned, encashable at any time and doing very nicely. Isn&#39t

it nice to be in control.

Derek Forbes

Forbes Marketing & Management,




Off with the new, on with the old

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Trusts get £350m in Fleming deal

Investment trusts which invest in Robert Fleming are being rewarded with a£350m-plus bonanza thanks to the £4.88bn acquisition of the investment bankby Chase Manhattan.Murray Johnstone&#39s three oldest investment trusts are benefiting from a£100m uplift.The net asset value per share for Murray income is up by 7.9 per cent,Murray international is up by 7.7 per cent […]

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Pressure increases on Standard Life to convert

Pressure has increased on Standard Life to demutualise as one of the largest with-profit policyholders has jumped on the conversion bandwagon.Barclays Global Investors, the second largest institutional investor has publicly lent its support to the cause of carpetbagger Fred Woollard, who is leading the charge to demutualise.Scottish Value Management head Colin McLean, another large investor […]


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