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Scottish Friendly Assurance – Growth And Security Bond 2001

Friday, 19th January 2001.

Aim: Growth and income by investing in Scottish Friendly Assurance&#39s with-profits fund.

Minimum investment: £3,000.

Bonus rates: 6 per cent.

Allocation rates: £3,000-£9,999 – 100 per cent, £10,000 and above – 101 per cent.

Charges: Initial 5 per cent.

Commission: Initial 5.25 per cent.

Tel: 0800 834428.



Pension offices shun WP stakes

At least three major pension players will not be offering with-profits under stakeholder because DSS proposals allowing the inclusion are deemed not practical. Scottish Equitable says it believes some of the Depart ment of Social Secu rity&#39s rules, which include an acc ounting ringfence, need to be ratified by the FSA under the Prudential Supervision […]

Institute of Actuaries announces Equitable investigation committee

The Institute of Actuaries has announced the makeup of the committee of inquiry which will look into the closure of Equitable Life to new business. The inquiry will focus in particular on the key issue of the adequacy of professional guidance given by Equitable&#39s actuaries. The inquiry will be chaired by Roger Corley, a former […]

Norwich union Healthcare announces new board members

Norwich Union Healthcare has appointed two new executive board members. Its new managing director is David Rogers, who has been NUHC&#39s finance director for two years. Rogers joined NUHC from Coopers & Lybrand in 1996. Richard Brewster, who joined NUHC in 1992 and has been head of direct sales since 1998, has been appointed director […]

&#39SMEs are suffering&#39

Small and medium-sized companies could be receiving bad advice in the run-up to stakeholder pensions, according to research by pension administration specialist FPS Group and the Federation of Small Business. The research claims many businesses get poor advice, with companies being recommended poorly performing pension providers. It shows 73 per cent of small and medium-sized […]


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