View more on these topics

Scottish Life announces half yearly results

Scottish life has recorded a35 per cent jump in new premiums for the first six months of the year.


This represents an increase in equivalent annual premiums of nearly £20m on the same period of last year. New EAPs for the half year now stand at £75m up from £55.5m in 1998.


Total annual and single premiums were nearly double that of last year at £488.3m up from £250m for 1998.


Scottish Life general manager (sales) Jim Gilchrist says: &#34We&#39ve continued to see a move from regular to single premium contributions with particularly strong performance in the group pensions sector.


&#34Individual pensions, despite reports of poor trading, have continued to hold their own in EAP terms, while showing a good increase in total new premiums.&#34


Recommended

BWD Rensburg launches UK unit trust

BWD Rensburg Unit Trust Managers are launching a unit trust specialising in middle sized UK companies.The BWD UK Mid-Cap Growth Unit Trust will invest in stocks of companies listed on the FTSE 250 index. These typically have market capitalisations of around £200m to £3bn.The investment selection process will concentrate on long term investment themes of […]

Norwich Union warns investors to beware of no Cat-marked Isas

Norwich Union Investment Funds is warning investors to beware of non Cat-marked Isa funds.It says &#39ignoring the benefits of Cat standards could mean losing the performance race before it has even started&#39.NUIF bases this comment on figures compiled by Fitzrovia for its NU Isa league. The league claims that on average investors would only have […]

Ethical investments growing

Funds under management in ethical unit trust topped £1.7bn in July compared to £1.5bn over the same period last year according to CIS Unit Trusts.In its ethical guide the fund manager also highlights how the number of ethical unit trusts available has grown to 31 unds from 23 a year ago.CIS believes this figure is […]

1

Aberdeen advises Pep investors to take stock of their portfolios

Aberdeen Asset Management is advising investors to take stock of their Pep portfolio’ to ensure they are meeting their requirements. Despite being put on the back-burner with the introduction of Isas, there is an £80bn forgotten market tucked away in Peps according to Aberdeen. Many of these Pep investments are no longer meeting the investors […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment