UK: TENDIRECT PROVIDES STAKEHOLDER ADVICE ONLINE
Article Abstract:
Tendirect, a subscription-based online employee benefits network, has said that it will rebate its stakeholder service initial and trail commission back into the fund, which means that with no commission the product provider will be able to pass savings of up to 50% on to the customer, by way of lower management fees and increase the long-term value of the fund. Tendirect currently offer products from Friends Provident, Norwich Union, Standard Life, Royal & Sun Alliance, Legal & General, Scottish Widows and Scottish Mutual.
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2001
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UK: Pension for children launched by Sippdeal
Article Abstract:
Kid's Sipp, a self invested personal pension for children, has been launched in the UK by the actuary firm, Sippdeal. The pension allows GBu 3,600 gross to be invested each year and is being targeted at parents and grandparents wishing to invest for children. The launch of the new pension product follows the introduction of new rules governing pensions allowing adults to invest in a pension held in a child relatives name.
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
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