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No Initial Fee on Premier Fund

Premier Portfolio Managers is offering its European growth fund without an initial charge until October 1, 2001.

The £15m fund invests in European mid and mid-large cap companies to achieve medium to long-term capital growth. The fund currently holds around 70 stocks and is managed by Catherine Guinefort of BNP Paribas.

The minimum lump sum investment is £1,000. Initial commission is up to 3 per cent and renewal commission is 0.5 per cent. The annual management charge is 1.5 per cent.


PPML predicts massive growth in Sipp market

Self-invested personal pension administrator PPML is forecasting a ten-fold increase in the Sipp market over the next ten years.It believes Sipps were the success story of the 90s and says the £15bn already invested in Sipps is set to grow. Winterthur Life-owned PPML says the increase will arise from greater consumer and adviser awareness of […]

Skipton subsidiary appoints business development director

Skipton Building Society third party administration subsidiary Savings Management is appointing Duncan Gregory as business development director.Gregory began his career as an IFA with Skipton Financial Services in 1991, and was formerly Savings Management project manager.Gregory says: “I have been lucky to work within an organisation that prides itself on its continual self development and […]

IFA offers 3 year no charge stakeholder

IFA the Independent Stakeholder Company is offering the Scottish Mutual and Scottish Equitable stakeholder scheme to employers with no charges for the first three years.The firm set-up in January specifically to address the introduction of stakeholder is urging employers not to take what is offered by an individual provider and consider independent advice on alternatives […]

NDF Administration – NDF Income Plan

Wednesday, 15 August 2001.Type: Guaranteed Income Bond.Minimum-maximum investment: Lump sum £10,000-£1m.Term: Six years and two months.Return: 6 per cent income in first year, thereafter income is linked to the dividends paid by the FTSE 100.Guarantee: 100 per cent capital return.Commission: Initial 3 per cent.Tel: 01727 734315.


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