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Pru maintains projected rate at 5%

Prudential has kept the projected growth rate for its Prufund Investment Plan at 5 per cent net of charges for the next three months. Pru’s second projection for the product runs until February 24. This rate drops to 4.5 per cent for investors taking regular income.

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Talkback

Should IFAs be automatically turned down if they apply for the job of Aifa director-general?”No. I think it is disgusting behaviour. It is bad enough that we have to deal with whatever the regulator throws at us without our own trade organisation sticking the boot in as well.” David Pantry, Shiregem Asset Management”No. If anything, […]

FTBs are falling faster in the UK

The proportion of first-time buyers in the UK has fallen more rapidly than in any other country, according to research published by the Council of Mortgage Lenders.

Protection products to be excluded from menu

Depolarisation final rules show that the FSA has decided not to include protection products on the menu.Responses to the consultation called for the regulator to exclude long term care products from the menu as they are not considered to be sufficiently mass market, but to include protection products as they form a large part of […]

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