View more on these topics

Nvesta launches Global Titans product

Nvesta is launching a new open-ended high income investment aiming to give an annual income of 7.5 per cent gross plus the potential for capital growth.

The Global Titans Income Enhancer allows investors to claim all gains against capital gains rather than income tax. If an investor utilises their whole CGT allowance they can receive up to 8,500 a year tax-free.

The investment is linked to the share price performance of 20 of the largest companies from the Dow Jones Global Titans 50 Index, selected on a quarterly basis.

The income is enhanced by giving up some of the growth potential in return for a fixed percentage payment by restricting th eupside potential to 105 per cent on each share, so the maximum gain in addition to the income withdrawn is 20 per cent per year.

Nvesta business development director Anthony Green says: “There is a strong market for invetsment products offering higher income than can be obtained from high interest deposit accounts. This product offers high income, the potential for further capital growth and a very favourable tax position.”

Recommended

Nude awakening

A warning to all press officers – being nice can land you in trouble. Take our dear Polhill press officer Despina Constantinides, who is currently roaming across the plains of South America. Her over-trusting personality led to an elderly Don Juan, a Chilean gentleman, offering to take her on a scenic bike ride across a […]

Anti-avoidance rules will have little impact’

Axa IM and Scottish Equitable say tighter rules on anti-avoidance vehicles for pre-owned asset tax, inheritance tax and capital gains tax will have little impact on the market but both welcomed the clarity that Chancellor Gordon Brown provided on capital redemption bonds being exempt from CGT.

Picture is Clear for Tenet wrap move

Tenet aims to move its adv- isers to a wrap-based business model with the launch of a series of online tools and services called Clear. The network is signed up to the Lifetime wrap but says many advisers are confused by the technology and how it can help to streamline their businesses. Clear, which will […]

Canada Life adds five F&C funds to its life and pensions range

Canada Life has added five F&C funds to its investment range bringing the total number of funds available through the firm to 63.Canada Life already offers access to a number of externally managed funds in addition to its own 17 funds across its onshore life and pensions products. The funds to be added are F&Cs […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com