Noble Fund Managers
Noble Aim VCT Top Up
Type: Venture capital trust
Aim: Growth and income by investing in companies on the Aim and companies to be traded on Aim
Minimum investment: Lump sum £5,000
Closing date: April 4, 2008 for 2007/08 tax year, May 10, 2008 for 2008/09 tax year
Charges: Initial 5%, annual 1.75%, performance fee 20%
Commission: Initial 3% or initial 2.25% plus renewal 0.375% for up to five years
Tel: 0131 225 9677
Standard Life set up discretionary investment management service Standard Life Wealth last week with a proposed 1.375 per cent charge.
The times are certainly changing for retail investors in property funds. There is so much news around covering commercial property fund redemptions by retail investors such as Aegon stopping customers from withdrawing their money from the £2bn Scottish Equitable property fund run by Morley Fund Management.
Former Prime Minister Tony Blair has signed an advisory agreement with Zurich Financial Services to provide guidance on international politics.Blair, who recently joined JP Morgan as an adviser for £2.5m a year, will advise Zurich chief executive officer James Schiro and provide general guidance on developments and trends in international politics.He will advise and collaborate […]
The personal accounts delivery authority launched its consultation on choosing a charging structure to pay for personal accounts today.The consultation paper outlines a number of ways charges could be deducted including an annual management charge, a contribution charge and a joining charge.But Pada identified the fact that different charging structures favour different potential members depending […]
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Former home secretary Amber Rudd is set to return to the cabinet as work and pensions secretary, according to reports. The appointment follows the departure of Esther McVey yesterday over her refusal to back the government’s draft Brexit deal. According to reports, Rudd, a remainer, was offered the job after environment secretary Michael Gove spent […]
The FCA has written to all former clients of Avacade Limited, an unregulated pension introducer, to inform them about its legal action against the firm and its directors. In November 2017 the FCA said it would start civil proceedings against Avacade Limited, now in liquidation, and its three directors Craig Lummis, Lee Lummis and Raymond […]
As new disclosure rules bring the full extent of protection commissions into the spotlight, experts are asking if this will see clients ditch their advisers in favour of execution-only services. Under the Insurance Distribution Directive, from 1 October advisers have had to provide clients with information before a product sale about any commission received, which […]
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