View more on these topics

Scottish Life – Retirement Solutions – Group Stakeholder Pension Option

Tuesday, 13th February 2001.



Type: Group stakeholder pension option.

Minimum premium: £20.

Minimum group size: 5.

Minimum-maximum ages: 0-74.

Fund links: Pensions managed, deposit, defensive managed, UK equity, UK ethical, UK mid-cap, European, American, Pacific, property, fixed interest, index linked, global managed, worldwide, security 100, security 98, Scottish Life/Schroder Hermes UK index tracker.

Charges: Annual 0.45-1 per cent, transfer values 0.2-1 per cent.

Allocation rates: 100 per cent.

Minimum term: None.

Options: Life assurance, payment protection, income protection.

Special offer: Minimum annual charge for transfer values reduced to 0.2 per cent.

Offer period: Until further notice.

Commission: Initial 0-27.5 per cent, renewal 0-5.5 per cent, level 0-5.5 per cent for regular premiums, single premiums and DSS contributions, fund based 0-0.55 per cent, 0-0.8 per cent for transfer values.

Tel: 0131 456 7152.

 

Recommended

Artemis branches out

Artemis Investment Management is adding the European growth fund to its range of unit trusts. Artemis has, until now, focused on the UK market. But its appointment of Philip Wolstencroft – formerly of Merrill Lynch – as head of European equity has been the catalyst for a new direction. The fund will invest in Europe […]

Don&#39t let insurers&#39 defence turn into an attack on IFAs

Norwich Union&#39s chief actuary has told a committee of MPs that IFAs are the reason why NU must take genetic test results into account when considering life insurance applications. NU was merely pointing out that intermediaries make the market so competitive and help insure bigger sums on behalf of clients so providers need all the […]

GMAC hopes General Motors brand will drive mainstream mortgage success

Sub-prime lender GMAC Residential Funding is set to enter the mainstream market as part of a rebranding exercise. The General Motors subsidiary is looking to capitalise on the global reputation of its owner by changing its brand at the same time as launching mainstream loans. GMAC-owned packager Private Label has been the public face of […]

Abbey in post-sales servicing deal with EDS

Abbey National is forming a joint venture with Electronic Data Systems for the post-sales servicing of its retail mortgages and personal loans. The deal will create the UK&#39s largest third party administrator for lenders, servicing almost two million accounts. The joint venture will facilitate daily interest calculation and enable customers to manage their mortgages and […]

Solving the income puzzle

There is a puzzle at the centre of financial markets. The global economy is growing, there are signs of inflation and interest rates are going up, yet yields remain low. In this article, James Foster, manager of the Artemis Monthly Distribution fund, unpicks this conundrum and looks at where investors can find income. There is […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment