View more on these topics

Scottish Mutual – With

Thursday, 19 April 2001.


Type: Unit linked bond.

Aim: Income and growth by investing in the Scottish Mutual with-profits and technology funds.

Minimum investment: £5,000.

Fund links: With profits, technology.

Allocation rates: 100 per cent. Clients aged 81-85 – 98 per cent, clients 86 or above – 96 per cent.

Charges: Annual 1.5 per cent.

Switches: No switches permitted into technology fund.

Commission: Initial 1.75-6.25 per cent, renewal 0-1 per cent.

Tel: 0845 2705555.






CIS closes tradititonal with-profits fund in shift to stakeholder

CIS is closing its traditional with-profits fund to new personal and group pension business following the launch of stakeholder. The move, designed to strengthen CIS&#39s fledgling with-profits fund for stakeholder, sees CIS committing itself firmly to the new pension vehicle at the exclusion of personal pensions. Life companies have struggled to find solutions to setting […]

Ernst & Young appoints banking tax partner

Ernst & Young is appointing Jeremy McCallum as a banking tax partner in its financial services department.McCallum was formerly a solicitor with Linklaters and Coudert Brothers, where he was an international tax partner. He also worked for Credit Lyonnais and Morgan Stanley.Ernst & Young head of financial services David Cannon says: “We are delighted to […]


With the end of tax business rush safely out of the way, now is a good time for IFAs to spend investigating some of the new technology products and services that have emerged over the last few months. None of these can be more important than the electronic new business services that are now available […]

Scottish Widows loan note holders opt to redeem

Scottish Widows has issued £335m to over 49,000 loan note holders who opted to redeem either all or part of their loan note holding at the first redemption date on March 31, 2001.The loan notes were given in place of immediate payments following the transfer last year of the business to Lloyds TSB. The next […]

US loan growth is not painting a pretty picture for the US economy

Written by Mike Riddell One of the current big debates in global financial markets is whether investors should believe ‘hard’ rather than ‘soft’ data, where the usually reliable business and consumer surveys have been suggesting strengthening in global growth momentum for some time now, while the economic data that feeds through into the Gross Domestic […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm