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NU offers 57 varieties of external links

Norwich Union has introduced 57 external fund links to its investment bonds, from 12 managers including Aberdeen Asset Management, Baring Asset Management, Gartmore, Merrill Lynch, Schroders and Soc Gen. The funds include index trackers, managed funds, fixed interest, UK and international equity, specialist equity and specialist managed and bring the total number of funds available to 86.

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Firm offers pension to Muslims

Pension provider Parsoli is setting up what it claims is the first pension plan to comply with Islamic sharia law.It says the Islamic self-invested personal pension&#39s investment strategy complies with stringent criteria set out by the Koran and sharia which forbid investment in fixed-interest securities and in areas such as gambling and alcohol.Parsoli says that […]

Mike Harrison

Businesses need to tread carefully when implementing mergers and acquisitions. Both sets of management and advisers involved in the recent merger of Berry Birch & Noble and Berkley Financial Services will have spent months devising and honing the strategy that brings the IFAs together. The ultimate aim is the creation of shareholder value – the […]

GE Life launches balanced income and growth plan

GE Life is launching a balanced income and growth plan which offers fixed annual gross income of 8 per cent for five years. It also offers the flexibility for investors to either take monthly or annual income with the option of investing for growth. Return on capital is linked to the performance of the Dow […]

Royal London wants all IFAs to adopt fees

Royal London is calling for all IFAs and product providers to switch to charging fees over commission in what it says is a major policy statement.The Scottish Life parent says fees are preferable to commission and financial products should be used as “feegenerators”, where bespoke charges to clients are built into product design to meet […]

Tax year-end planning for annual allowance

Last tax year-end there was a lot to think about in relation to planning. The introduction of the tapered annual allowance and the implications of moving to a fixed pension input period, the reduction in the lifetime allowance and potentially applying for protection, and the concern about changes to tax relief, to name a few. […]

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