Wrap provider Transact is adding an offshore bond facility to its wealth management wrapper range that already covers Peps, Isas and pensions.
The offshore bond wrap gives investors the benefits of the Isle of Man tax regime for life products.
Annual charges are 0.2 per cent to 0.6 per cent depending on portfolio size.
Investment trust Alliance Trust Savings is launching a campaign aimed at helping the environment by halving the paperwork it sends to investors.It predicts its Save a Tree in 2003 campaign could save up to 50 trees a year. Last year, it sent out a total of 920,000 sheets of paper in 368,000 envelopes to investors, […]
Fund manager and stockbroker Walker Crips Weddle Beck is planning to acquire new funds under management and double its range of investment products.WCWB will add a UK equity income fund and a UK smaller companies fund to its range, subject to market conditions.The company wants to take over the management of unit trusts where the […]
CIS is calling on the Government to raise insurance Isa contribution levels if it is serious about creating a level playing field between life offices and fund managers.The company notes the wide anticipation that the 5 per cent tax deferral rule on life bonds will be axed in the next Budget.Last year's Sandler review argued […]
Ron Sandler, architect of the Treasury's long-term savings review, is to become chairman of the Personal Finance Education Group as Daniel Godfrey steps down.AITC director general Godfrey is stepping down from the PFEG after four years.Sandler dismissed speculation that he would apply for the role of FSA chairman when outgoing chairman Howard Davies leaves in […]
Value stocks have significantly underperformed growth stocks in Europe in the past decade. However, Rob Burnett, manager of the Neptune European Opportunities Fund, believes we are now approaching an inflection point. Watch the video below to find out more. In the video, Rob discusses: How low inflation and loose monetary policy since the global financial […]
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Despite being around since the 1970s, index tracker funds did not have much love from investors until a decade ago, when Lehman Brothers crashed along with many people’s faith in financiers. The popularity of passive funds grew steadily and they went from a negligible market share at the beginning of the millennium to making up […]
IFAs want more clarity on environmental, social and governance investment products to be able to better communicate them to clients. A HSBC Global Asset Management survey of over 200 UK IFAs found that 57 per cent would like more ratings for ESG products. Concerns over diversity, human rights, consumer protection, and animal welfare are the […]
St James’s Place has hired Claire Blackwell as director of marketing from Newton Investment Management. Blackwell says: “We have a responsibility to continue to develop ourselves and our proposition in the interests of better financial outcomes for clients.” SJP shuns new CII exam in favour of in-house programmes She has held a variety of positions across the […]
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