Friends Provident unitised with-profit option

Professional Adviser
clock

Friends Provident has launched a unitised with-profit fund as part of its Investment Portfolio Bond....

Friends Provident has launched a unitised with-profit fund as part of its Investment Portfolio Bond. There will be an introductory special offer until 9 November providing an extra 2% allocation on sums invested. There is a single annual management charge of 1.25% on the new fund and investors will be eligible for a final bonus immediately on investing in the fund. There will be a regular annual bonus allocation in addition to the final bonus and no bid/offer spread. The special offer allocation for investments from £5,000 to £9,999 will be 102%. From £10,000 to £19,999 it will be 103.75...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •