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Rensburg Fund Management – UK Managers Focus Trust

Rensburg Fund Management

UK Managers Focus Trust

Type: Unit trust

Aim: Growth by investing in a concentrated portfolio of UK equities

Minimum investment: Lump sum £500, monthly £25

Investment split: 100% in UK equities

Isa link: Yes

Pep transfers: Yes

Charges: Initial 5.25%, annual 1.5%

Special offer: Initial charge reduced to 3.25%

Offer period: Until September 30, 2006

Commission: Initial 3%, renewal 0.5%

Tel: 0845 609 0900


This week in Regulation

With the Pensions White Paper consultation finally drawing to a close this week it has been very difficult to get many pensions stalwarts to talk about anything else.

Revenue rules on tax-free transfers

HM Revenue and Customs has ruled out the possibility of transferring tax-free cash from a pension scheme into an unsecured pension with a different provider. The industry had requested clarification on whether unvested pension funds can be transferred from one scheme to a new scheme offered by another provider, with the intention of going into […]

Pioneer to use Exweb as e-commerce partner for IP

The Exchange has confirmed that Pioneer Friendly Society will be using the Exweb portal service as its first online e-commerce partner. Exweb’s 23,500 users will now be able to perform client specific comparisons for the provider’s income protection products.Pioneer’s ‘Pure Protection’ IP policy includes day 1 cover, no loading for occupation or gender, no penalties […]

Skandia boosts Old Mutual profits

Old Mutual released the first set of results since its acquisition of Skandia which saw sales of life and pension products more than double to £732m on an annual premium equivalent basis.The acquisition of Skandia by Old Mutual was completed in February 2006 and this boosted the provider’s operating profit by 39 per cent from […]

Neptune launches Japan Institutional Fund

By Chris Taylor, Investment Director, Head of Research Neptune is excited to announce the launch of the Japan Institutional Fund on 22 June, having disclosed to the market in March its intention to offer the product. The Fund will be managed by the highly-regarded Chris Taylor, Head of Research and manager of the long-running Japan Opportunities Fund. It will invest in the same underlying stocks as the Japan […]


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