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Skandia awash with Cowes entries

Skandia Life Cowes Week on the Isle of Wight from August 4 to 11 is set to

be the biggest yet.

Skandia says entries for the yachting event, which it is sponsoring for

the seventh time, are at an all-time high. Last year, more than 800 yachts

took part in the series of races but this year Skandia expects there will

be more than 1,000 yachts.

It has invested £1.5m in the three-year sponsorship deal which runs

until 2003. Racing together for the first time this year are 90ft Maxis,

America&#39s Cup contenders, J Class and 12m yachts.

Sydney Olympics yachting gold medallists Iain Percy and Shirley Robertson

have pledged their support to the event.

Robertson will be leading an all-woman crew sponsored by Skandia while

Percy will be skippering the Skandia Leopard yacht.

Skandia employees will be leading crews each day with the help of IFAs.

Sponsorship marketing manager Tim Sewell says: “This sponsorship continues

to work extremely well for us.”


Exclusive offering 105% LTV on loan

Mortgage packaging network Exclusive Connections is introducing a mortgageoffering 105 per cent loan to valuation. The product, which is funded by Mortgage Express, is based on a currentpayable rate of 6.25 per cent with a 1 per cent discount for two years. The loan is subject to income multiples of 3.25 per cent or 2.5 […]

Inscape – Inscape SIPP

Monday, 23 July 2001.Type: Full Sipp.Minimum investment: Lump sum £2,000, monthly £250.Investment choice: UK bonds, UK equities, European equitiesexcluding UK, Japanese equities, US equities, Pacific Basinexcluding Japan.Charges: Annual up to £49,999 – 0.75 per cent, £50,000 and above –0.25 per cent, minimum £50 maximum £500.Allocation rates: 100 per cent.Options: Income withdrawal, annuity purchase.Commission: None.Tel: 0845 […]

Winchester White picks chief exec

Specialist financial services management consultancy Winchester WhiteManagement Consultants has appointed David Grey as chief executive. Theformer director of operations joined the business in 1992 and will continueto develop the company&#39s strategic direction. He replaces Brian Wood.Principal consultant Aileen Croft is to become head of the life and pensionpractice and will be responsible for developing and […]

Signs of life as funds bounce back

Unit trust and Oeics showed signs of recovery in the second quarter, with71 per cent of funds producing positive returns. The figures published in Lipper&#39s latest quarterly fund survey show theaverage fund return has risen by 2.52 per cent over the three months toJuly, making it the best quarter since the first quarter of last […]


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