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Standard & Poor&#39s Micropal Top 10s

Bond funds continue to dominate, with eight of the top 10 unit trusts from the UK corporate bond, global bond or global equity and bond sectors. The top-performing unit trust is Merrill Lynch&#39s gold & general fund where £1,000 invested 12 months ago would now be worth £1,350.

Among the life insurance funds, property funds are the flavour of the month, with four of the top 10. But the top-performing fund is the Skandia/Odin Finland, which has returned 11.65 per cent over the past year.


Last chance for stakeholder

Down at the “Last Chance for Stakeholder” saloon the players are getting ready for one last throw of the dice.All the talk is of compulsion – if the low earners will not contribute voluntarily then it is up to the Government to force them into stakeholder pensions. Achieve this and stakeholder suddenly starts to make […]

Adam & Co to provide services for Stewart Ivory Wealth Management

Private Scottish bank, Adam & Company, has entered into an agreement to provide the banking and administration services for Stewart Ivory Wealth Management, the private client business of First State Investments.The deal covers £500m of Stewart Ivory funds, and will provide all wealth management clients with access to a full banking service.First State chief executive […]

Brown&#39s pre-budget report on November 27

Chancellor Gordon Brown will announce today he will deliver his Pre-Budget report in two weeks time on November 27. It is expected Brown will provide more details about the savings gateway and the child trust fund on the day.

Sergeant oversees regulator&#39s risk-based approach

Like Michael Foot, Carol Sergeant hails from the Bank of England.Sergeant, one of three managing directors at the regulator, is responsible for regulatory processes and risk directorate, a role she assumed on June 1. She has control over authorisation, enforcement as well as the new risk-assessment division for the FSA.It is her team that dec-ides […]


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