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Seven more funds links for Pru WP fund

Prudential has added seven new fund links to the Prudential Bond including funds from Newton and Invesco Perpetual.

Switches out of the with-profits fund will continue to incur market value adjusters but the company denies the move was prompted by falling sales of with-profits.

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ScotMut smoothing the way to new with-profits

Scottish Mutual has become the latest company looking to reinventwith-profits with the launch of its smoothed investment bond.Drawing on many of Ron Sandler&#39s recommendations on with-profits, theproduct is ringfenced with explicit charges – an annual managementfee of 0.85 per cent and a rebatable 1.3 per cent a year for thefirst five years to cover IFA […]

Eyebright – Enterprise Investment Scheme

Thursday, 27 March 2003 Aim: Growth by investing in the building and operation of day surgery centres Minimum investment: Lump sum £1,000 Opening/closing date: January 12, 2003/April 11, 2003 Charges: Implicit Commission: Subject to negotiation Contact: www.eyebrightplc.com

Talkback

“Yes. Until the FSA clears up the definitions of misselling and sortsits problems out with the underwriters, what are we meant to do?”Stuart Feast, Feast Noble & Co “No. I would not be com-fortable with continuing, even with thewaiver. You could be open to future claims. Any IFAs who takes it isstark raving mad.”John Ryan, […]

AITC backs call to retain Isa tax credit

The AITC has joined forces with five other financial organisations to urge the Chancellor to retain the equity ISA tax credit.Alongside the Pep and ISA Managers’ Association (PIMA), the Investment Management Association (IMA), the Association of Private Client Investment Managers and Stockbrokers (APICMS), Proshare and the Association of Independent Financial Advisers (AIFA), the AITC is […]

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