View more on these topics

Prudential – Prudential Flexible Income Drawdown Plan

Tuesday, 3 September 2002

Type: Income drawdown

Minimum investment: Lump sum £100,000

Investment choice: Choice of three investment strategies &#45 cautious, standard, adventurous or 25 funds from M&G, Prudential, Merrill Lynch, Newton, Invesco Perpetual, UBS and Schroder.

Charges: Annual 0.8 &#45 1.5%

Allocation rates: 96 &#45 99%

Commission: Initial 3%, renewal 0.5%

Tel: 0845 0757576

Recommended

Newcastle Building Society – Guaranteed 5 Star Bond Deposit Account

Thursday, 5 September 2002 Type: Guaranteed equity bond Aim: Growth linked to the performance of the Credit Suisse bond fund US$, Fidelity European growth, Franklin Templeton mutual beacon, IFDC Japan dynamic and Merrill Lynch offshore sterling trust UK Minimum-maximum investment: £1,000-£500,000 Term: Five years Guarantee: Capital returned in full regardless of the performance of the […]

FSA to take &#39kindly&#39 stance on PI insurance for IFAs

The FSA plans to soften its attitude towards IFA firms unable to get compliant PI cover as it takes steps to address what it has identified as a serious concern. IFAs having difficulty getting PI cover because of the state of the market rather than past wrong-doings are to be treated more “kindly” by the […]

FundsDirect chief Ewing Buys 33% of Bates IFA

Leading IFA Bates Investment Services is selling a third of its business to an investor consortium in a multi-million-pound deal designed to propel the firm into the top 20 of UK distributors. Following 18 months of negotiations, Asset Strategies – an institutionally backed cash shell created to invest in IFAs – is taking a 33 […]

Cassells is out as Old Mutual restructures

The manager of Old Mutual&#39s flagship hallmark growth and income portfolios, Logie Cassells, has left the firm. His departure comes with the firm seeking to boost its flagging performance. It is another round of moves at Old Mutual following the departure of its European equities team and loss of marketing director Barry Russell. The restructure […]

How to use wills to protect your clients’ wishes

March was Free Wills Month! Free Wills Month brings together a group of well-respected charities to offer members of the public aged 55 and over the opportunity to have their simple wills written or updated free of charge by using participating solicitors in selected locations around England and Wales. Research by the Law Society* highlighted that only 64 […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com