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Pinder Fry & Benjamin – Gold 5 Property Income Portfolio

Friday, March 7, 2003

Type: Exempt unit trust

Aim: Income and growth by investing in commercial property

Minimum investment: Lump sum £25,000

Charges: Initial up to 4%

Commission: Initial 5%

Tel: 020 7612 7650


Life offices say waiver would let them buy equities again

Norwich Union and Standard Life are claiming that applications for solvency waivers from the FSA would give them the flexibility to start buying equities again.There is speculation that the regulator is concerned about the drag of life companies on the stockmarkets and it believes that relaxing the rules will help a recovery in the markets […]

Australian bank eyes IFA market

The National Australia Bank is aiming to break into the IFA market with the extension of its multi-manager proposition, MLC Investment Management, which has previously only been available through its UK banking subsidiaries.The initiative, called Pivotal, will be headed by former Prudential group sales director John Cowan and based on its Australian model, which allows […]

FSA throws new light on financial healthcheck

The FSA has unveiled plans for a CD-Rom-based generic financial healthcheck to help consumers make decisions ranging from whether they should save for a washing machine to increasing pension contributions.At a Treasury seminar this week attended by providers, trade bodies, IFAs and representatives from the voluntary sector, FSA managing director John Tiner said the regulator […]

Penrose sets June date for review completion

Lord Penrose has reaffirmed his commitment to completing his review of the Equitable Life debacle by June so that ministers can make a decision as to whether to publish it before Parliament rises in July.In a letter written to Treasury select committee chairman John McFall, Penrose conceded it was a tight deadline to meet and […]

2016 Global Survey of Individual Investors: How is investor behaviour rewriting the job description for financial professionals?

Trapped between expectations for near double-digit returns and strong apprehensions about investing in persistently volatile markets, investors worldwide are of the opinion that professional financial advice is worth the fee. But even though they believe individuals who work with a financial professional are more likely to achieve their goals, investors have a clear vision of […]


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