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St James Place Capital announces results

St James Place Capital has announced a 67 per cent increase in its pre-tax profits.

SJPC the holding company for J Rothschilds Assurance and a 24 per cent shareholder in the Life Assurance Holdings Corporation showed total 1998 pre-tax profits of £86.3m up from £xxm in 1997.

J Rothschilds Assurance which specialises in advising higher net worth clients saw total new business up by 20 per cent to £130.8m.

SJPC saw its share of the profits from LAHC, which acquired Gan Life and Aegon during 1997, rise from £3.7m to £17.6m.


Shepherds and Savignon promotes Teps in Gibraltar

Shepherds and Savignon Financial Services is holding a seminar in Gibraltar next month to promote its Traded Endowment Policies.The Tep provider says it is targeting the expatriate market because Teps are a safe investment haven for UK nationals living abroad.The seminar will also provide participants with an opportunity to try out Shepherds&#39 quotation software.

Alliance & Leicester launch Isa range

Alliance & Leicester plans to launch maxi and mini Isas offering cash and stocks and shares components.The cash Isa will be Catmarked and will be passbook based. It will offer a interest rate of 5.9 per cent and be available direct or through A&L&#39s branch network.The stocks and shares Isa will consist of four funds, […]


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