View more on these topics

NPI – Socially Responsible Bond

Tuesday, 17th October 2000.



Aim: Growth by investing in unit linked or with profit fund.




Minimum investment: £10,000.




Fund links: Socially responsible with-profit, global care life, global care managed life.




Allocation rates: With-profit fund – £10,000-£15,000 &#45 100 per cent, £15,001-£20,000 &#45 102 per cent, £20,001-£25,000 &#45 102.35 per cent, £25,001-£50,000 &#45 102.75 per cent, £50,001-£100,000 &#45 103.35 per cent, £100,000 plus &#45 103.5 per cent. Global care life and global managed life &#45 £10,000-£15,000 &#45 100 per cent, £15,001-£25,000 &#45 100.2 per cent, £25,001-£50,000 &#45 100.5 per cent, £50,001-£100,000 &#45 100.75 per cent, £100,000 plus &#45 101 per cent.




Charges: With-profit fund &#45 no initial charge, global care life and global care managed life – initial 1.25 per cent.




Switches: Four free switches a year, £15 thereafter. No switching from with-profit fund in first five years.




Commission: Initial 5.25-6.5 per cent, renewal 0.5 per cent.




Tel: 01892 596098.


Recommended

Scottish Life International&#39s Bond Is Back

Scottish Life International has introduced the third series of its income and growth bonus bond.The bond is linked to the performance of three indices – the FTSE 100, the S&P 500 and the EuroStoxx 50. It has a choice of two income and growth options. Investors can choose to receive 10.3 per cent annual gross […]

Seminars aim to explain latest GISC regulations

Insurance underwriter Berkeley Alexander is holding a series of seminars across the UK aimed at helping IFAs understand the General Insurance Standards Council&#39s regulations.The seminars, labelled New Horizon, are free for IFAs to attend and will address the implications of the new GISC rulebook for advisers.They will also look at what GISC means, whether it […]

Wise men may follow the star

At times, it seems as if Best Investment is one of the few advisers prepared to recommend a switch out of an investment we previously rec-ommended. However, we do not do so frivolously.When we recommend an equity fund to a client, it is our intention that they should hold it for the long term, typically, […]

Scarborough Building Society – 2003 Capped Rate

Tuesday, 17th October 2000.Capped term: Until September 30, 2003.Capped rate: 6.99 per cent.Minimum loan: £25,000.Maximum loan: Up to 95 per cent of valuation subject to a maximum of £250,000. Income multiples: Three times principal income plus second or 2.5 times joint.Arrangement fee: £295.Redemption fee: 5 per cent of advance until September 5, 2003.Conditions: None.Introducer&#39s fee: […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment