View more on these topics

R&SA offers low-charge trustee plan

Royal & Sun Alliance UK Life & Pensions is introducing a low-charging trustee investment plan in a bid to strengthen its position in the IFA corporate pensions market.

The product is designed to follow the trend towards maximum 1 per cent charges across the market for trustee investment plans and executive pension plans.

Flexible fund-based commission options available on the new product are designed to allow IFAs and their clients to tailor the charges and commission to their individual needs.

The annual management charge is 0.8 per cent, reducing in 0.1 per cent stages as the fund value increases. This means that customers with funds above £500,000 will be charged 0.4 per cent a year.

The new product accepts only single premiums, with a minimum investment of £10,000.

Maximum investment into the unitised with-profits fund is £1m but there is no upper limit for investments into any of the unit-linked funds.

There are initially 12 funds for trustees to choose from, which range from the low-risk cash deposit fund through to the specialist Eurotech fund.

IFA corporate promotions leader Andy Milburn says: “This plan is designed to provide the ideal solution for trustees looking for a cost-effective and flexible investment managed by professional fund managers.

“It provides IFAs and their clients with an excellent combination of competitive charges and investment management.”


Dual-pricing offers extra flexibility to IFAs

Cofunds has introduced a dual pricing facility, giving IFAs the flexibility to offer different initial fund charges on Isa and Pep transfer business.Cofunds says it is the first to offer the new functionality, giving IFAs the chance of individually negotiated fund discounts when switching on the Cofunds platform.Cofunds has also announced that it is teaming […]

Sifa centres to target legal clients after N2

Solicitors for Independent Financial Advice is opening three advice centres staffed by IFAs to provide a financial planning service to clients of local law firms after N2.The centres, run by Sifa&#39s sister company, Solicitors Financial Centres, are based in Teesside, Thames Valley and Exeter. Sifa aims to launch 50 more centres over the next 18 […]

Inside Edge

What are the essential themes we need to present to the Sandler review? Essentially, the thrust of what the LIA is saying is that commentators are right to point to weak or patchy consumer influence in our business. What&#39s new? The insurance and related industries have been tackling these issues for the best part of […]

Law firm gives guidance on account aggregation

Law firm Osborne Clarke is publishing a guide on account aggregation with the aim of addressing concerns about the new service.One of the issues raised in the question-and-answer format guide is whether an aggregator using screen scraping will be seen as hacking and if the accountholder will be implicated.Screen scraping is the use of special […]

Craig Inches – thoughts on how to preserve capital and generate income in an inflationary environment

In this short video, Craig Inches, head of short rates and cash at Royal London Asset Management, offers his thoughts on how to preserve capital and generate income in an inflationary environment. Watch the video in full The value of investments and the income from them is not guaranteed and may go down as well […]


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