Octopus Investments
Octopus Protected VCT
Type: Venture capital trust
Aim: Income and growth by investing in unquoted companies
Minimum investment: Lump sum £1,000
Closing date: April 5, 2007
Charges: Initial 5.5%, annual 2%
Commission: Initial up to 2.5%, renewal 0.5%
Tel: 020 7710 2800
Skipton Building Society
Flexible 10 Year Fixed Rate Mortgage
Standard Life marketing technical manager Andrew Tully examines if there is a role for IFAs to play in the proposed pension personal accounts
House prices rose slightly in July, according to the Department for Communities and Local Government. Average house prices stood at 194,454, up from 191,016 in June. UK annual house price inflation was 6 per cent, up from 5.3 per cent the month before. Annual house price inflation in London was 7.1 per cent in July, […]
Falcon parent company Sumus has bought the network Financial Services Advice and Support Limited for a fee of up to £2m. FSAS is based in Dunfermline and has over 160 IFAs and mortgage advisers operating within 54 active appointed representative businesses. The network has 60,000 clients, with around £700m assets under advice and an estimated […]
By Chris Taylor, head of Japanese Equities, Neptune Abe, having reinforced his political position domestically, will most likely hold off any further major policy enactments until after president Trump has settled into the White House and enacted some of his own. Then a relaunch of the Three Arrows programme is likely, or Abenomics 2.0, including […]
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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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