View more on these topics

Royal London 360° – Oracle

Royal London 360° – Oracle

Type: Offshore unit-linked bond

Minimum investment: Lump sum £20,000, euro 24,000, $32,000 or currency

Investment choice: Unlimited number of funds from 35 fund management groups comprising eight commodity & energy funds, seven currency/money market funds, 155 equity funds, 18 fixed interest funds, 14 global managed funds including four multi-manager funds, three hedge funds/structured products, four Islamic funds, six property funds and seven specialist funds, subject to minimum £500, euro 600, $800 or currency equivalent in each fund

Place of registration: Isle of Man

Allocation rates: 100-104% depending on amount invested

Bonus: Annual 0.5% loyalty bonus applied from year six

Options: Single or joint life last death with up to six lives assured, regular or one-off withdrawls subject to minimum £250, euro 300, $400 or
currency equivalent, choice of seven currency denominations

Switches: Unlimited free switching subject to minimum £500, euro 600, $800 or currency equivalent invested in each fund

Charges: Establishment fee 7.5% payable at a quarterly rate of 0.375% in the
first five years, annual admin fee 1.2% payable at a quarterly rate of 0.3%,
annual fund management charges depending on fund selected

Special offer: Allocation rate of 105% for premiums above £150,000 or currency equivalent

Offer period: Until December 31, 2011

Commission: Fee agreed between adviser and client




JP Morgan warns adviser charging could lead to products push

The move to adviser charging could push firms to encourage more product sales so that they can avoid charging clients VAT, according to JP Morgan Asset Management. In a report on adviser charging published today, JP Morgan warns firms who have previously operated on a commission-only basis will now have to consider VAT implications when […]


Leeds BS appoints Robin Ashton as non-exec director

Leeds Building Society has appointed Robin Ashton as a non-executive director. Ashton is a chartered accountant and has 25 years experience in financial services. He has previously held the positions of treasurer, finance director and chief executive of Provident Financial. LBS chairman Robin Smith says: “He has a proven track record of success in different […]

Lifemark granted extra six months for rescue bid

Lifemark administrator KPMG Luxemburg has been granted a further six months to resolve ongoing liquidity issues and prevent Lifemark going into administration, Money Marketing understands. The move represents a further extension of the three month term granted to KPMG Luxemburg in February as part of the ongoing efforts to secure funding for Lifemark and maximise […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    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