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Scottish Mutual – Investment Intelligence

Friday, August 9, 2002

Aim: Income and growth by investing in cautious, steady and higher

growth funds

Minimum investment: Lump sum £5,000

Investment split: Choice of cautious, steady and higher growth


Income facility: Monthly, quarterly, four monthly, half yearly,


Charges: Annual depends on fund

Commission: Initial 6.25%

Tel: 0845 7660221


Abbey quits group stakeholder sales

Abbey National is pulling out of new group stakeholder pension business as the battleground for market share moves to transfers and growing existing business.The company is the UK&#39s ninth-biggest stakeholder provider with 2,500 company stakeholder schemes. It says there is no point in wasting resources trying to chase new designations as all UK employers with […]

IFA&#39s anger over NU letter to client

Scunthorpe IFA Bob Riach has attacked Norwich Union for encouraging his clients to shop around for a new adviser after he had introduced business to the life office.The Riach Consulting proprietor is outraged over a letter NU sent to his client confirming the cancellation of a term insurance policy, which was later reinstated. The letter […]

New customer service director for Scottish Life

Scottish Life is appointing Isobel Kennedy as customer service director as John Wallace retires from the post after 35 years service.Kennedy moves from her post as head of customer services at Royal London&#39s Wilmslow operations centre.Scottish Life chief executive Brian Duffin says: “I am delighted to welcome Isobel to our senior team. She will bring […]

Unum in disability initiative

UnumProvident is joining forces with Jobcentre Plus and the Employers Forum on Disability to launch a reference pack advising companies on employing the disabled.The Knowledge – Disability Solutions for Employers puts the case for employing disabled people and gives information about legislation, how to make adjustments to accommodate disabled employees and how to gain access […]

The investment clock

While Trump blazes blond in the political foreground, it’s easy to overlook the economic background to the new political dimension of 2017. Political risk will be a feature of the year: the unpredictable and untested Trump administration has already created uncertainty, which is unlikely to diminish, especially if protectionist rhetoric starts to outweigh promises of […]


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