View more on these topics

Scottish Equitable – Extra Income Fund

Friday, 7 September 2001.

Type: Unit-linked fund.

Aim: Growth, income by investing in corporate bonds.

Minimum investment: £5,000.

Investment split: 40 per cent medium-dated corporate bonds, 32 per cent long-dated corporate bonds, 28 per cent short-dated corporate bonds.

Charges: Choice of initial 3.75 per cent, annual 1 per cent, initial 0.85 per cent of investment a year for five years, annual 1 per cent or initial none, annual 1.5 per cent.

Commission: Choice of initial 5.25 per cent plus uplift or initial 3 per cent plus uplift, renewal 0.5 per cent.



No evidence of research

Why is it that advisers such as Hargreaves Lansdown, Chase de Vere and Torquil Clark, all of whom have “teams of analysts and res-earch tools to monitor and track fund performance” (MM, August 9), consistently push funds which have nothing to recommend them other than the respective firms&#39 endorsement? I have read literature from all […]

Interest rate left unchanged

The Bank of England Monetary Policy Committee has voted to leave interest rates unchanged at 5 per cent, despite calls from the manufacturing sector, already in recession.The decision had been widely expected in the light of the strength of the housing market and high street spending, but the FTSE responded by falling to a three […]

iShares gets resourceful

iShares – iBloomberg European Resources Type: Exchange traded fund. Aim: Growth by tracking the Bloomberg European investible resources index. Minimum investment: Subject to negotiation with stockbroker. Maximum investment: None. Investment split: 100 per cent tracking the Bloomberg European investible resources index. Place of registration: Dublin. Isa link: Yes. Pep transfers: Yes. Charges: Annual 0.5 per […]

SMA protector falls in line

Scottish Mutual Assurance has widened investment choice for clients who have its individual pensions with the introduction of the protector fund.This unit-linked fund invests mainly in UK government and corporate bonds. It will also invest in equity-linked deposits, which track the FTSE 100 index over a five-year term.The fund aims to provide a return which […]

‘How to…audit your auto-enrolment scheme compliance’

Avoid pension penalties with our auto-enrolment checklist

According to the Pensions Regulator’s annual commentary and analysis report released this month, 785 potential non-compliance cases were referred for investigation, with 23 auto-enrolment compliance notices issued. And they predict that the use of their statutory powers is only going to increase.


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