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RLAM boosts overseas team

The first product covers critical-illness plans, the second covers death and terminal illness, the third is for death, terminal illness and total permanent disability and the fourth product is for death, terminal illness and criticalillness cover.

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The Daley Update

M&G UK Retail has appointed Gary Shaughnessy as chief executive and Phil Wagstaff as managing director. Shaughnessy steps up from retail director of marketing while Wagstaff is promoted from deputy managing director.u The British Venture Capital Association has appointed Duke Street Capital chief executive Edmund Truell as chairman. He takes over from Friends Ivory & […]

Northern Rock makes connections

Northern Rock has introduced together connections 90 per cent, a flexible mortgage that tracks the Bank of England base rate for four years.The mortgage stays at 1.49 per cent above the base rate until January 1, 2005, giving a payable rate of 6.74 per cent. It is available for loans of up to 90 per […]

JPMorgan Fleming Asset Management – Investment Trust Personal Pension Account

Wednesday, 13 June 2001.Type: Individual personal pension.Minimum premium: Lump sum £1,000, monthly £100.Minimum-maximum ages: From birth-74.Fund links: Cash fund, Fleming managed growth, Fleming claverhouse and Fleming overseas.Charges: None.Allocation rates: 100 per cent.Minimum term: One month.Options: Income drawdown.Commission: Initial up to 3 per cent, fund based 0.5 per cent.Tel: 0800 413176.

GE Life hits the headlines

GE LIFE HIGH INCOME & GROWTH PLAN V Type: Closed ended investment company. Aim: Growth and income linked to the Eurostoxx 50 index. Minimum investment: £7,000. Place of registration: Dublin. Guarantee: Capital will be returned in full at end of term if the final level of the index is at or above the initial level, […]

Testing the Foundation

The global economy isn’t headed into recession, at least not yet. This month, David Lafferty, Chief Market Strategist at Natixis Global Asset Management, examines current capital market and portfolio risks for signs of recession. Click Here for Capital Market Notes

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