Clerical Medical is offering a second tranche of its secure investment plan, a capital guaranteed product providing exposure to the FTSE 100.The plan has a five-and-a-half-year term and provides 110 per cent exposure to the FTSE 100. The growth of the index is averaged out over the last six months of the product’s term. Minimum investment is £5,000 and charges are bundled into the product. Marketing manager Rod MacDonald says the secure investment plan capital guaranteed Oeic is the second phase of Clerical’s investment push following on the launch of a fund of funds suite last year.
Next month will see Money Marketing’s specialist technology show for intermediaries return to London.
Smith & Williamson has established a venture capital trust portfolio service for the IFA market.
In the Money Marketing article headlined, FSA aims to boost its service standards, you report that IFAs have questioned the confidentiality of the questionnaire which will be held by NOP, the marketing agency we have appointed.
Fund Distribution is sending application forms to investors who may be eligible for compensation over the splits crisis. It expects forms to be with investors by next week, and has set a deadline of 4.30pm on July 18, 2005 for forms to be returned. The company was established in December to make payments to investors […]
One of the areas that will be high on the new minister for pensions’ to-do list will be the forthcoming review of automatic enrolment (AE). The outgoing minister had regularly said that AE contribution levels would need to be revisited early in this parliamentary term, and new research by Jelf Employee Benefits reveals employer support for such proposals.
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Support service provider SimplyBiz has signed a third new deal for defined benefit transfer advice work after its original partner pulled out of the marketplace. In an email to members seen by Money Marketing, compliance director Gary Kershaw apologises for any inconvenience caused by Crowborough-based advice firm CFPML’s decision to exit the DB transfer marketplace. […]
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The Budget will lay out Government plans to help build 300,000 new homes a year, according to Chancellor Philip Hammond. The plans will include fasttracking developments with planning permission. Hammond said the Government would use “powers of state” to get homes built on these sites, according to the BBC. The Government will also unveil plans to […]