View more on these topics

Skipton Building Society launches two-year growth mini cash Isa

Skipton Building Society has joined the very small number of companies providing capital protected Isas, with the two-year growth mini cash Isa.

The Isa, has an unlimited term, tracks the FTSE 100 index for the first two years. It is aiming to grow by one per cent for every one per cent increase in the index, to a maximum of 20 per cent. The capital is guaranteed, so that even if the FTSE 100 falls beyond its starting point, the original investment will still be returned.

For the remaining period of its term, the Isa will have an interest rate that is yet to be determined.

Although the idea of the capital guarantee will appeal to many investors, the fact that growth is limited to 20 per cent will not. Many competing products allow for growth of between 50 and 75 per cent in the FTSE 100, and as a result the two-year growth mini Isa will not be as attractive.


Standard in mailing blunder

Standard Life is issuing IFAs with an unqualified apology after an admin bungle potentially offered thousands of IFA clients advice on stakeholder pensions.Money Marketing was inundated with phone calls and letters from enraged IFAs who believed Standard was trying to cross-sell to cli ents they had introduced to the life office.The glitch came to light […]

AITC drive: &#39its&#39 or miss?

As the AITC&#39s “its” campaign moves towards its second year, the decision to slash the advertising budget and switch agencies has not sent out the message of success the AITC would have wanted.After an extensive £17m TV and billboard campaign, funded largely by AITC members, expectations were high in the investment trust industry.But the second […]

Pension details must be simpler

As practising IFAs, we have become increasingly concerned with this Government&#39s continuous changes and additions to pension legislation.Since 1997, we have seen the abolition of ACT relief and the replacement of Serps which has increased the cost of retirement funding. We now have the introduction of stakeholder pensions, concurrency and the new investment instrument, the […]

Maturity shows offshore

So which came first – the chicken or the egg?Certainly, in the realm of the fund supermarket, recent developments suggest the early pace was set by Egg, quickly followed by Fidelity&#39s Funds Network.Not to be outdone when a bandwagon rolls into view, Virgin launched its no-load, no-advice fund supermarket and finally the companies backing Consolidated […]


School fees planning

Jeremy Pearson is Technical Support Manager with Canada Life’s ican Technical Services Team. Canada Life offers a range of wealth management solutions, including retirement income planning, estate planning and investment solutions from a choice of jurisdictions, including the UK, Isle of Man and Republic of Ireland. Many parents value the standard of education offered by […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm