View more on these topics

Thesis launches Isas

Private client investment manager Thesis Asset Management has launched self-selecting mini and maxi Isas.

The Isas give investors the choice of investing in any unit trust, corporate bonds or direct equities.

There is a minimum investment requirement of £1,000 for both the mini and the maxi products.

Thesis charges an initial fee of £75, although this is waived if a Thesis unit trust is selected. There is also an annual administration fee of 1 per cent.

The investment managers are also planning to launch a Tessa-only Isa for Tessa maturities from 2000 onwards.


Least painful extraction

From the tax year 1999/2000, dividends will carry a tax credit of only 10 per cent of the grossed-up equivalent dividend. Non-taxpayers will not be able to reclaim this credit while higher-rate taxpayers will pay a special rate of 32.5 per cent on the grossed-up equivalent dividend, receiving a credit for the actual tax credit.The […]

Cheltenham & Gloucester extends Isa guarantee

Cheltenham & Gloucester has extended the interest rate guarantee on its cash and Tessa Isas.The lender is guaranteeing that rates on the Isa will match the Bank of England base rate, which is currently 5.5 per cent, until January 1, 2000.The cash Isa has a minimum investment of £1,000 and offers instant access to capital, […]

Scottish Provident International extends special offer

Scottish Provident International has extended the special offer on its Capital Investment Portfolio, a single premium life assurance bond.The offer, which now applies to applications received by May 31, 1999, allows investments of £25,000 and provides enhanced allocation rates.Investments of £25,000 to £49,999 receive 101 per cent, £50,000 to £99,999 receive 102 per cent and […]

Bacon & Woodrow calls for GPPs to qualify as stakeholder schemes

Bacon & Woodrow has called on the Government to allow Group Personal Pensions to qualify as stakeholder pensions in its response to the Green Paper.Plans should be allowed to qualify whether or not they have the appropriate trustee structure.The consultant also wants the Government to allow charges of more than one per cent for marketing […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm