Thursday, November 1, 2001.
Type: Healthcare cash plan.
Minimum premium: £1.50 a week.
Minimum-maximum ages: 18-79.
Maximum benefits: £690 a year.
Deferred period: Six months.
Tel: 020 8731 3625.
Thursday, November 1, 2001.
Specialist fund manager Orbitex Investment is appointing Mark Berry as manager if its sales support desk.Berry was previously with Guinness Flight, and worked with the company through its transition to Investec Asset Management.Orbitex sales and marketing managing director David Trail says: “We recognise the importance of customer service and Mark's addition to the team will […]
Man Investment Products has unveiled Man multi-strategy series 3, a fund of hedge funds that is structured as a capital guaranteed bond.The bond is based in Bermuda and investors can choose between dollar-denominated bonds, euro-denominated bonds or a mixture of both. They are guaranteed at least the return of their original capital and if the […]
Wednesday, October 31, 2001.Type: Guaranteed equity bond and high interest account.GUARANTEED EQUITY BONDAim: Growth linked to FTSE 100, Eurostoxx 50 and Nikkei 225indices.Minimum-maximum investment: £500-no maximum.Term: Six years.Guarantee: Capital returned in full at end of term regardless ofmovement in indices.Return: Up to 80 per cent of growth in indices.Interest rate: 5 per cent a year.Closing […]
Autif is set to merge with the institutional trade body, the Fund Managers Association.In a joint statement released this week, the two trade bodies confirmed they were in talks, and were planning on a merger during the first quarter of 2002.Autif represents the maangers of authorised unit trusts and Oeics, with its members accounting for […]
The Legal Services Act of 2007, which opened up the legal market to competition, has put the cat among the professional pigeons. In the words of a 2015 Law Society report on what the legal profession is likely to look like in five years’ time: “Business as usual is not an option for many, if […]
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It is encouraging to see the FCA close in on lazy fund management, but more needs to be done Without fanfare, the FCA has confirmed its intention to punish lazy fund management. Several groups have been persuaded into voluntarily compensating investors who bought their beta-posing-as-alpha products, otherwise known as closet trackers. The regulator suggests that […]
Ex-GBST man and FinoComp chief executive Ray Tubman on the need for a brave new world of interoperability Platforms running on proprietary technology often see this as a competitive advantage, even if it is expensive to run. But ex-GBST man and now FinoComp chief executive Ray Tubman does not believe outsourcing is the poor relation. […]
Ahead of speaking at Money Marketing Interactive in May, founder and director of The Yardstick Agency Phil Bray gives tips on how advisers can improve their public image and why the FCA should rethink their plans for the register On a scale of 1 to 10, how optimistic are you about the advice market for […]