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Scottish Widows launches low cost Isa

Scottish Widows


Type: Maxi/mini Isa.

Aim: To track the shares in the FTSE 100.

Minimum investment: £1,000 lump sum. Additional investments – £500.

Maximum investment: £7,000 for maxi Isas, £3,000 for mini Isas for tax year 1999/2000.

Catmarked: Yes.

Investment choice: Scottish Widows UK Index Fund.

Yield: 1.68 per cent.

Special offer: Annual – 0.25 per cent discount.

Offer period: Until 5 April 2000.

Commission: None.

Telephone: 0845 8450088.


Edinburgh Fund Managers announces Dunedin results

Edinburgh Fund Managers has announced the preliminary results for the Dunedin Income Growth Investment Trust.The trust has announced a 3 per cent dividend increase and an increase in net asset value per share of 7.9 per cent.This compares to the FTSE All Share Index which rose by 6.3 per cent.The combination of asset performance and […]

L&G urges changes to stakeholder proposals

Legal & General has urged the Government to simplify its stakeholder pensions proposals.The life office is seeking a number of changes which it feels are necessary to ensure stakeholder is both successful and simple to understand.L&G&#39s pushing for two categories of stakeholder scheme, a trust based model appropriate for larger group schemes, and an audited […]

National Savings release Index Linked values

National Savings has released the cash values for index linked Savings Certificates held for one year or more as at April 1999.Figures are based on a set return of 1.65 per cent plus the retail price index which is currently 2.1 per cent.An investment of £100 into 12th issue certificates in January 1998 has returned […]

Aberdeen High Income Trust gains shareholder approval

The Aberdeen High Income Trust has gained shareholder approval for a new £20.6m share offer and placement.Shareholders gave the go-ahead to the plans at an extraordinary general meeting held this week. The share issue will see ordinary shares priced at 120.4p each and a placement of £7.5m debenture stock.Aberdeen believes the proposals will lead to […]


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