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Special offer from NU on Portfolio bond

Norwich Union is increasing allocation rates by 1 per cent for new customers investing in its Portfolio investment bond.
The new allocation rate for an investor aged 74 and under with a £50,000 premium is now 103 per cent.

Portfolio offers a choice of 31 internal funds and more than 50 external funds managed by 12 fund managers. Management charge is 1 per cent to 1.95 per cent depending on funds selected with administration charges of 1 per cent a year on funds up to £10,000 and 0.5 per cent for funds over that figure for the first five years

NU head of investment product development Neil Davies says: ” Investors will see more of their money invested from day one.”


Cancer charity says firms misleading public on PMI

Private medical insurance providers are misleading consumers about the extent of cancer care they offer and could face a wave of misselling claims, says a leading cancer charity. Charity Cancer BACUP wants clearer information from providers on PMI policies to make consumers aware that the policy they are buying may not cover them throughout the […]

Santander in product and price pledge on Abbey bid

Santander Central Hispano says if its bid for Abbey is successful, it will introduce new mortgage and investment products to the UK market and will reduce costs with its technology. Speaking to Money Marketing, Santander director Juan Inciarte says a successful bid would see the introduction of platform All Funds Bank – which sells third-party […]

Correspondent&#39s Week

It is the middle of August so it must be the silly season which is why I found myself spending most of a bright Monday writing about what you should do if you are lucky enough to win the Lottery. (Chance would be a fine thing.) If you do not decide to invest your Lottery […]

SimplyBiz throwing out lifeline to firms

SimplyBiz is targeting members of beleaguered intermediary Lifeboat, describing it as a sinking ship that members need to flee. The service provider, which has grown to over 600 member firms after just over 18 months, is contacting Lifeboat members with a fast-track service aimed at helping them set up as non-regulated agencies, with a view […]

Welcome to The Brunner Investment Trust PLC

Welcome to the latest update for The Brunner Investment Trust PLC from the trust’s portfolio manager Lucy Macdonald. Market Review Global equities ratcheted higher throughout February, buoyed by optimism about global growth and corporate earnings. All regions advanced, although Japan tended to lag many other markets. In sector terms, healthcare, information technology, consumer staples and […]


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