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From the category archives:
Fund Legal Name: CF Arch cru Investment Portfolio Manager: Arch Financial Products Initial Charge: 6% AMC: 1.3% Launch Date: 07 May 2005 IMA Sector: Cautious Managed Aim: CF Arch Cru Investment Portfolio is a multi-asset open-ended investment company that targets consistent returns with a significant focus on risk management. The Fund invests in both public [...]
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The case for and against Investment Bonds has raised for a long time and will continue to do so with most advisers and paraplanners polarised in their opinions. The changes to the CGT regime confirmed in the Budget seem, in may people’s eyes, to have settled the argument once and for all in favour of [...]
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The new rules harmonising PEPs and ISAs together with the huge increase in limits come into force on 6 April. Invesco Perpetual has produced a very good guide to these rules which you can download by clicking here.
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It has now been confirmed that some of the previously expected changes to PEPs and ISAs will take effect from 6 April 2008. Changes to PEPs New contributions into PEPs were stopped when the Labour Government introduced ISAs in 1999. Funds still in PEPs retain their tax privileges and it is still possible to move [...]
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Rates were cut today as expected by the Bank of England although in a more reserved fashion when compared with the Fed. See more on this on the BBC here.
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Not a day seems to go by without news of another property fund imposing restrictions on investors wishing to withdraw their money. The latest position for some of the more popular funds as as follows: Aegon Scottish Equitable – Withdrawals delayed for up to 12 months. Clerical Medical – Fund revalued down by 13%. Friends [...]
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This is a very good article on the short history of REITs, the problems experienced by a market that has long been favoured by advisers and an indication that things may not be looking up, but may stop getting worse! The article is from Interactive Investor and can be seen in full here. There are [...]
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The Federal Reserve has cut interest rates for the second time in nine days as it tries to keep the US economy from entering a recession. The central bank lowered rates to 3% from 3.5% after a two-day meeting. Last week, the Fed slashed the cost of borrowing by the largest amount in 25 years [...]
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The government has announced changes to capital gains tax (CGT), confirming that it will set a single 18% rate and cease taper relief from 1 April. But Chancellor Alistair Darling also said there would be a 10% rate on gains of up to £1m, to help entrepreneurs. The original plans to raise the rate had [...]
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A rush to withdraw money from its commercial property funds has forced Scottish Equitable to introduce delays of up to 12 months for its customers. It affects investors in the Scottish Equitable Property fund, Select Reserve fund and Select Distribution fund. Aegon UK, which runs the fund, blames the rush to the exits on concerns [...]
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