Scottish Widows Investment Partnership
Swip Islamic Global Equity Fund
Type: Oeic
Aim: Growth by investing globally in equities that adhere to the Islamic principals of Shariah
Minimum investment: Subject to negotiation
Investment split; 100% global equities that adhere to the Islamic principals of Shariah
Isa link: Yes
Pep transfers: Yes
Charges: Initial 5%, annual 1.5%
Commission: Initial 3%, renewal 0.5%
Tel: 020 7203 3333
A strange development occurred in the oil market last week. With prices easing as fears of further disruption in the Gulf of Mexico receded and with a potentially major new find in that region, the price of Texas crude was actually lower than at the same time last year. This was the first time this had happened for more than two and a half years.
Over the last 15 years, the great lost opportunity has been on affordability.
The Treasury select committee is taking evidence looking at the responsiveness of the FSA to the needs of consumers and progress in relation to its Better Regulation Action Plan as part of its regular scrutiny of the regulator.
Do you agree with Aifa that advisers should be able to offer advice limited to specific areas, agreed by a disclaimer, without the compliance risk of a full fact-find?
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