Zurich Financial Services
Guaranteed Capital Account 12
Type: Guaranteed equity bond
Aim: Growth linked to the performance of the FTSE 100 index
Minimum-maximum investment: £2,500-£250,000
Term: Five years and six months
Return: 30% of the original investment in year three if the index grows by at least 30%, otherwise 135% of the growth in the index at the end of the term
Guarantee: Original capital returned in full at the end of the term
Closing date: May 24, 2007
Commission; Initial 3.25%
Tel: 0179 350 4414
As 16 boxers were slugging it out at the third annual Square Up in the City, New Star Asset Management public relations manager Ben Robinson was laying down a challenge.Robinson was outlandishly calling for people to step up to the plate and fight him at next year’s event.However, that challenge was limited only to those […]
Aifa has attacked the FSA’s research into with-profits advice after pointing out several flaws in the methodology used by the regulator to jump to the conclusion that many advisers were not treating with-profits clients properly.
The Conservatives have failed to derail Home Information Packs after losing a vote to scrap the controversial policy in the House of Commons today.The Tories lost the Commons motion vote by 306 votes to 234, giving the Government a comfortable majority of 72. It was always going to be an uphill struggle to overturn the […]
James Salmon on moves to get tough on factory gate pricing.
According to the Pensions Regulator’s annual commentary and analysis report released this month, 785 potential non-compliance cases were referred for investigation, with 23 auto-enrolment compliance notices issued. And they predict that the use of their statutory powers is only going to increase.
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FCA must give greater consideration to where detailed rules would result in more effective regulation and better protection Last month saw Sipp provider Berkeley Burke lose its High Court appeal against the Financial Ombudsman Service. The appeal followed the Ombudsman’s decision against Berkeley Burke for failing to carry out adequate due diligence on an unregulated […]
Sheraton Financial Planning director on dabbling governments and the growing retirement funding gap As an at-retirement specialist, Sheraton Financial Planning director Jason Eldrid works through the implications for clients every time the government decides to dabble in pensions. But mindful governments can change every five years, which is hardly conducive to a long-term strategy, Eldrid […]
Advisers’ professional indemnity policies will no longer exclude Financial Services Compensation Scheme claims, the FCA has confirmed today. Some current PI insurance policies have excluded the FSCS as a claimant, or exclude claims where the firm provider or fund has become insolvent. Following feedback from a July consultation paper however, the regulator confirms changes to its handbook […]