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Skipton Building Society – Share Tracker Bond Issue 2

Friday, 17 August 2001.

Type: Guaranteed growth bond.

Minimum-maximum investment: Lump sum £2,000-£10,000.

Term: Two years until October, 2 2003.

Interest rate: 5.25 per cent until October 1, 2001.

Return: Up to 30 per cent linked to the performance of Tesco, BSkyB, Shell, GlaxoSmithKline and Vodafone shares.

Guarantee: 100 per cent capital return.

Commission: None.

Tel: 0800 4467766.


Pavilion Asset Management – Pavilion Geared Recovery Trust

Wednesday, 15 August 2001.Type: Split Capital Investment Trust.Aim: Growth by investing in recovery shares and income shares of other split capital investment trusts.Minimum investment: Subject to negotiation with stockbroker.Maximum investment: Subject to negotiation with stockbroker.Investment split: Recovery shares 60 per cent, income shares 40 per cent.Types of share: Ordinary, zero-dividend.Isa link: Yes.Pep transfers: Yes.Redemption date: […]

Are IFAs on shelf in L&G supermart?

Legal & General is coming under pressure to clarify its plans to develop a fund supermarket, with fund managers claiming they have not been told of any IFA involvement.Money Marketing revealed the life office&#39s plan to launch a fund supermarket in May when L&G said the platform would encompass both direct and IFA offerings.But fund […]

Burns-Anderson axes Ultraviolet brand

IFA network Burns-Anderson has dropped its Ultraviolet and UV brand names in the midst of a trademark battle with Goodfellow Group managing director Simon Burgess.Burgess, whose business interests include insurance broking and marketing, took out an action against Burns-Anderson last December, claiming it was infringing his Ultraviolet trademark.Burgess says he had registered Ultraviolet as part […]

Firms warm to stakeholder

New research from banking clearing house Bacs reveals that there has been as significant rise in the number of firms planning to introduce stakeholder pensions.The research, conducted among 350 businesses representing a range of sizes, found that almost a quarter or 23 per cent will definitely offer a stakeholder scheme compared with only 9 per […]


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