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Skandia adds ABN Amro to range

Skandia Life is adding ABN Amro to its range of life, investment and pension products, offering the ABN Amro UK Growth, UK Select Opportunities, Equity Income and High Income funds.

Skandia is also adding Framlington UK Growth and New Leaders funds as well as Baring Leading Sectors and Fidelity International funds.

Skandia investment brand manager Phil Morse says: “ABN Amro and its selected funds have been added to Skandia&#39s range in direct response to IFA demand.”


CIS puts £3m into admin

CIS is investing £3m in a stakeholder admin system from Marlborough Stirling.Marlborough, which specialises in software and services to the mortgage, life, pension and investment market sectors, has been working with CIS for 10 months on implementing the system.Marlborough&#39s systems allow CIS to provide stakeholder pensions via multiple channels. CIS&#39s direct salesforce of 4,500 can […]

Merrill Lynch Investment Managers – MST World Utilities

Monday, April 30 2001.Type: Sicav.Aim: Growth by investing in electricity, water, gas and related services.Minimum investment: $5,000.Place of registration: Luxemburg.Investment split: US 50 per cent, Europe 20 per cent, Asia 20 per cent, Latin America 10 per cent.Isa link: No.Charges: Initial up to 5 per cent, annual 1.75 per cent.Commission: None.Tel: 020 7743 2096.

Scottish Life Mortgages – Britannic Money 12 Month Discount 75 Per Cent

Friday, 27 April.Type: Discounted rate flexible mortgage.Discounted term: 12 months.Discount: 2.5 per cent.Payable rate: 4.99 per cent.Minimum loan: £25,001.Maximum loan: Up to 75 per cent of valuation subject to a maximum of £500,000.Income multiples: 3.25 times principal income plus second or 2.75 times joint.Features: Overpayments, underpayments, payment holidays, lump sum withdrawal, interest calculated daily.Arrangement fee: […]

Isa sales fall and IFAs lose ground to direct rivals

The 2000/01 Isa season ended disappointingly, with sales in March falling to £1.3bn from £2.3bn in the same month last year, according to Autif figures.Investors&#39 traditional end-of-year rush was muted, with total net sales for the year to April 2001 down by 13 per cent at £9bn from £10.4bn for the previous tax year as […]


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