HSBC International has brought out a capital-protected offshore Oeic that is linked to the performance of the DAX global Bric Index for five years. Investors in this fund will receive a full capital return at the end of the term regardless of the performance of the index, plus a minimum return of 9 per cent growth.
Fidelity UK managing director Richard Wastcoat has called on the Government to raise the annual investment limit for Isas.Wastcoat welcomed economic secretary Ed Ball’s confirmation that Isas would be made permanent after 2010, but asked for the Government to consider raising them from their current £7,000 level.Since their launch in 1999, UK consumers have opened […]
Capital & Regional are the latest member to join the Reits and Quoted Property Group. The co-investing real estate asset manager manages property assets for funds in which it holds a significant stake. There are now 32 companies that are members of the group behind the Reita.org website and awareness campaign. The Group now includes […]
When someone mentions whole of life plans, most people will think of a niche product that serves as an inheritance tax planning tool for high-net-worth clients. And it’s really not surprising they’ve been pigeonholed in that waybecause before the arrival of RDR in 2013, that’s more or less exactly what they were. For advisers thinking […]
Last month, the BBC’s Money Box covered the story of a protection customer who had seen her quoted life and critical illness premium rise by around a third after she disclosed a historic mental health issue. The woman was taking cover as a parent of young children and had originally chosen an insurer after getting […]
The Chartered Institute for Securities and Investment has set up a helpline for participants in its financial planning mentoring scheme. The helpline, which is being supported by Schroders, will be open to mentors and mentees on the programme, which started on the first of January this year, looking for support in achieving professional financial planning […]
Collapsed wealth manager Greyfriars Asset Management sold its Sipp and SSAS administration business to Hartley Pensions for £820,000 an update on Companies House shows. Money Marketing previously discovered Hartley took on 1600 Sipps, 160 SSAS and almost £500m assets under management onto its books for an undisclosed sum, with fresh documents now revealing the value […]