View more on these topics

Scottish Life International – Protected Bonus Bond

Wednesday, 16 October 2002

Type: Guaranteed equity bond

Aim: Growth linked to the performance of FTSE 100, Eurostoxx 50 and S&P 500 indices

Minimum investment: Lump sum £10,000

Place of registration: Isle of Man

Investment Split: 100% linked to the performance of FTSE 100, Eurostoxx 50 and S&P 500 indices

Guarantee: Original capital returned in full regardless of performance of indices

Yield: Up to 54% growth over six year two month term

Isa link: No

Charges: Implicit

Commission: Initial 3%

Tel: 0131 456 6070

Recommended

Matrix hedge fund duo aiming to meet demand

Matrix Money Management is introducing two new funds of hedge funds in response to increased demand from private investors.The Matrix Bastion fund is aimed at investors with a lower risk profile and will invest in the Tremont market-neutral fund, which is managed in the US by one of the biggest fund of fund managers, Tremont […]

Hollis fears over 60/40 ratio

The Government is no longer committed to reversing the 60:40 ratio of responsibility for retirement income between the state and the individual, according to Labour peer Baroness Hollis.In response to a question at the Sandler seminar, Hollis, the Parliamentary Secretary for Work and Pensions, said it would be fair to say the Government is no […]

Pru and AbbeyNat in distribution link-up

Prudential and Abbey National are setting out their stall ahead of depolarisation with a deal to sell each other&#39s products.Under the agreement, Abbey will initially white-label the Pru with-profits bond until depolarisation, after which it will retain the Pru branding.The Pru will cease to manufacture protection products and instead white-label Abbey National-owned Scottish Provident&#39s products […]

&#39Red tape damaging savings&#39

New Labour red tape must share the blame for plunging stockmarkets and the resulting damage to savings and pensions, according to Shadow Chancellor Michael Howard.In his speech at the Conservative party conference in Bournemouth last week, Howard criticised the 4,642 company regulations introduced by the Government last year, saying they must be partly responsible for […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment