View more on these topics

Norwich Union launches investment services desk

Fund management boutique Scottish Value Management is expanding its retail business in its first link up with a life office.

The Edinburgh-based investment house has linked up with Albany International and is in talks with two other life offices for similar arrangements.

The Albany International Individual Investment Bond is an off-shore bond available to UK investors. Initial commission for IFAs is up to 7 per cent. Renewal commission is 1 per cent.

The new fund has access to two of SVM&#39s Dublin-based funds its European Growth and UK Growth.

Since their launch in August 1993, the SVM&#39s UK and European Growth funds have returned 212 per cent and 311 per cent respectively.


IFAA appoints Borwick to head LTC working party

The IFA Association has announced that Margaret Borwick is to become chairwoman of its long-term care working party.Borwick has been an IFA since 1994. She runs Durkadale Professional Financial Planning based in Haslemere in Surrey. She will replace Martin Telling who is to devote more time to his other business interests.

Invesco launches ISA range

Invesco is launching both mini and maxi ISAs in April that will include cash and stocks and shares components.The GT Money Fund which has a cash component will not be Cat-marked and has a maximum investment of £3,000.It has an initial charge of 5.25 per cent. IFA commission is 3 per cent and renewal commission […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment