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S&P upgrade Standard Life Investment&#39s smaller companies fund

Standard Life Investment&#39s UK smaller companies fund has today been upgraded from an “A” rating to a double “A” by ratings agency Standard & Poors.

The company has one other “AA” rated fund – its corporate bond fund. Another seven funds are “A” rated out of a total of sixteen. Earlier this year, the smaller companies team under Harry Nimmo was strengthened by the addition of Mark Niznik.

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TMO sets up mortgage distributors Co-op

Packaging firm The Mortgage Operation is launching the Mortgage Distributors Co-operative. The move is intended to encourage entrants into the market and help existing lenders write business in new product areas.The Co-op aims to act as a channel through which lenders can pool resources and distribution. TMO says the combined distribution strength and product knowledge […]

Legal & General – Global 100 Index Trust

Monday, 28 October 2002 Type: Unit trust Aim: Growth by tracking the Standard & Poor&#39s Global 100 Index Minimum investment: Lump sum £500, monthly £25 Investment split: 100% tracking the Standard & Poor&#39s Global 100 Index Isa link: Yes Pep transfers: Yes Charges: Annual 1% Commission: Initial lump sum 1%, monthly 0.75% Tel: 020 7528 […]

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Zurich cuts 25% off dread cover

Zurich Financial Services claims it is aiming to undercut market rates by as much as 25 per cent with the launch of its new critical-illness term insurance product.Claiming to offer the most competitive first-year rates on the market, ZFS&#39s High Cover protection range incorporates critical-illness cover on a term basis and optional life cover, with […]

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