View more on these topics

Pinnacle investment bond tracks Nasdaq

Pinnacle Insurance is setting up a new investment bond linked to the performance of the Nasdaq stockmarket index.

Protected bonus bond plus is for cautious inv es tors who want an investment linked to the performance of dynamic companies with a high minimum return.

The bond is designed to return a minimum of 120 per cent of the initial investment after a five years. It is available until December 4.

The maximum potential return is 190 per cent of the initial investment. This is calculated by accumulating the growth achieved by the Nasdaq over the five years. Ann ual growth is capped at 18 per cent but there is no limit to potential losses if the index falls.

Commission is 3 per cent. Minimum investment is £7,500 and maximum £250,000.

General manager (investment sales) Clive Moore says: “This bond is designed for people to get some exposure to the growth in new economy stocks without the high cost usually associated with protected investments.

“Twenty per cent net of basic-rate tax over five years is a pretty good return in its own right and when this is coupled with the upside potential of the Nasdaq, we have a great customer proposition.”


IFAs want benchmark for flexible mortgages

Eighty-one per cent of IFAs believe a proper minimum standard benchmark for flexibility would be useful in helping their clients choose a flexible mortgage, according to research conducted by Sun Bank. Ninety-six per cent of IFAs believe daily interest calculation and overpayments are key to the flexibility of a flexible mortgage, while 92 per cent […]

Schroder – European Dynamic Growth Fund

Friday, 10th November 2000.Type: Unit trust.Aim: Growth by investing in a portfolio of European companies with good growth potential.Minimum investment: £1,000.Investment split: 100 per cent European equities.Isa link: Yes.Pep transfers: Yes.Charges: Initial 5.25 per cent, annual 1.5 per cent.Special offer: Initial charge reduced from 5.25 per cent to 3.25 per cent.Offer period: Until January 31, […]

BSkyB channel could aid IFAs on CPD points

BSkyB&#39s planned financial services channel could allow advisers to earn their continuing professional development p oints through TV by interactive viewing and testing.Under Financial Channel proposals, advisers may be able to earn points by automatically logging their viewing, taking part in interactive panel discussions or by using their remote controls to select multiple-choice test questions.The […]

EMX asks fund firms for £2m

EMX, the electronic messaging exchange, is asking fund managers to stump up an extra £2m after running into severe financial difficulties.Since the launch in June, there has been a much slower take-up by fund managers than expected and minimal use by intermediaries. By mid-September, it had only processed just over 3,000 transactions.It is thought that […]

Partied out and penniless

December has left me destitute. My piggy bank lies broken and empty, my lunchtime meal deal feels like an extravagant expense and I’m down to the Bountys in my box of Celebrations. But I won’t mourn my dearly departed pennies. Between buying gifts for loved ones (then deciding to keep them for myself) to treating […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    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