Scottish Widows
Guaranteed Investment Bond
Type: Guaranteed equity bond
Aim: Growth linked to the performance of the FTSE 100 index?
Minimum-maximum investment: £2,000-£100,000
Term: Six years
Return: 75% of the growth in the index at the end of the term
Guarantee: Original capital returned in full regardless of the performance of the index
Closing date: January 8, 2007
Commission: Initial 3%
Tel: 0845 600 8910
Record lending is likely to be the major talking point of a year that has seen the emergence of a multitude of new lenders, the birth of retention strategies and worries from the FSA over quality of advice.The Council of Mortgage Lenders expects gross lending to hit £345bn, up from £288bn last year. Many attribute […]
Coventry Building Society
Offset 0.1% Flexx Base Rate Tracker
The Thinc Group is setting up an annuity service that will enable it to offer advisers a retirement plan and exit strategy.
Warning that regulator’s plan could see a new ‘magic circle’ forming.
By Fiona Holmes, proposition communications manager Having reached a certain age (it’s the new 40 by the way), I’m having to come to terms with the fact that my peers and I aren’t as immune from illness or death as we’d like to think. That’s the problem with 30 being the new 20 and 40 […]
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The European markets regulator has expressed concern UK finance companies could make use of loopholes between the UK and EU after Brexit, according to the Financial Times. Speaking at a conference in London, the European Securities and Markets Authority chair Steve Maijoor said this was one of the reasons Esma is seeking to directly supervise […]
Theresa May’s announcement from earlier today that she will step down as prime minister on Friday 7 June brought a new direction to deadlocked British political scene. Yet figures from the investment management sector say her resignation does not spell the end of uncertainty, which has been holding back investment decisions. Hermes Investment Management chief […]
The FCA’s Intergenerational Differences paper highlights the difficulties that people in their late 30s to early 50s face in saving for retirement. How can the industry improve their prospects? Grouping people according to age, gender, marital status and how wealthy they are is something product providers and advice firms do to tailor their services to […]
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