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Winterthur Life reports growth

Winterthur Life has bucked the poor market conditions recording growth in new single premium pension business through IFAs of 21 per cent, increasing to £329m from £272m in the first half of the year.

Trustee investment plans also increased, up 122 per cent to £92m. Income drawdown is up 10 per cent to £47m, group stakeholder up 261 per cent to £5m and defined contribution pensions up 169 per cent to £9m.


Summer fund sales stay hot with buoyant July

Investment fund sales rose by more than 50 per cent in July compared with the same month last year. Investment Management Association figures show that net retail sales hit £863m last month, slightly down from £870m in June which had seen a big rise but significantly up on the £567m reached in July 2002. Net […]

Independent view

I was letting my fingers do the walking through Yellow Pages the other day when I noticed that after hi-fi manufacturers and wholesalers was the intriguing category of high commission. Then I saw that underneath it said: “See embassies and consulates.” Proving, once again, that things are not always what they seem. I recently read […]

Over 550,000 people visit CA website

The Consumers&#39 Association has had more then 550,000 visits to the endowment section of its website since it started running its high-profile campaign last September. The campaign, aimed at helping mortgage endowment policyholders complain to insurers, has seen more than 45,000 people download draft complaint letters to send to insurance companies. CA senior policy adviser […]

Franklin Templeton Investments – Franklin US equity fund

Type: Oeic Aim: Growth by investing in US equities Minimum investment: Lump sum £1,000, monthly £30 Investment split: 100% in US equities Isa link: Yes Pep transfers: Yes Charges: Initial 5%, annual 1.5% Commission: Initial 3%, annual 0.5% Tel: 0800 305306

A modern horror story

Every day a quick scan of the news reveals some new horror that will change the lives of those involved forever – the unlucky accident on the way to work, a tragic illness that cuts a young life short or the holiday accident that leaves more than just a scar to cope with. We barely […]


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