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Pru extends extra 2 per cent allocation offer on Prudence Bond

Prudential is extending its incentive to those considering investing in with-profits continuing its extra 2 per cent allocation offer on new 100 with-profits investments made to the Prudence Bond.

Valid until the end of October, the Pru says the offer comes on the back of the recovery in the FTSE index, which has increased demand for the with-profits bond. It says the offer has helped promote sales for IFAs and the move follows requests from them to extend the offer.


&#39Stockmarket falls force many workers to delay retirement&#39

A quarter of older workers intend to retire later than they planned two years ago because their savings have been hit by stockmarket falls, according to research by Watson Wyatt. Its survey of 4,500 workers aged between 50 and 64 reveals there is a strong relationship between those who are delaying their retirement plans and […]

Summer fund sales stay hot with buoyant July

Investment fund sales rose by more than 50 per cent in July compared with the same month last year. Investment Management Association figures show that net retail sales hit £863m last month, slightly down from £870m in June which had seen a big rise but significantly up on the £567m reached in July 2002. Net […]

Crossed lines

The article headlined, IFAs could save £5m on phone bills (Money Marketing, August 21) misreported BT&#39s research. Deloitte & Touche found that BT&#39s business customers would save £144m a year if they switched from the average best rates of BT&#39s competitors to BT Business Plan, which could mean IFAs saving £5.4m. D&T&#39s point was that […]

Chris Batten

After a career in the army with spells in Northern Ireland, the Falklands and Guatemala, Group 300 chief executive Chris Batten is marching for victory in the financial services industry. His background with two years in the RAF police and 12 years as an infantry soldier comes through in his attitude as a highly focused […]

Mark Page: “A good time to be a European fund manager”

With European markets picking up in early 2015, Mark Page, Artemis European Opportunities Fund manager, discusses the ‘macro’ drivers and whether the improvements are sustainable. Largely driven by economic stimulus by the European Central Bank, European stockmarkets have performed strongly so far in 2015. Mark discusses the relative merits and sustainability of ECB policy with […]


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