LandG and Swip on UK tracker sinner list
Halifax, Legal & General, Swip and Virgin are among those under fire for fielding high cost UK trackers, which can sting investors for up to ten times more than the lowest-priced funds.
Halifax, Legal & General, Swip and Virgin are among those under fire for fielding high cost UK trackers, which can sting investors for up to ten times more than the lowest-priced funds.
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Aaron Meder, head of US pension solutions for Legal & General Investment Management America (LGIMA), has been promoted to global head of solutions group, while the existing global head Kerrigan Procter has transitioned to managing director annuities.
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Distribution post-RDR may see life companies getting back into the investment game, building up their own substantial sales forces of restricted advisers.
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Lance Phillips has left Standard Life Inevstments and is to take up a new role as head of active equities at LGIM early next year.
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Legal & General has revealed details of how it will treat payments to advisers on both new and current business.
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Legal & General has added two new structured products to its range, one with capital protection, both dependent on the FTSE 100 index.
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Legal & General Investments’ latest research shows equities will continue to dominate IFAs’ asset allocation over the coming 12 months.
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With ISA season in full swing Legal & General has launched a brace of structured products giving investors the opportunity to use their ISA allowance across two tax years in the same investment.
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Legal & General has released the fifth in a series of capital-at-risk, kick-out products.
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The disposal of distressed UK property by banks will have little impact on the property market.
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Legal & General has unveiled the eighth product in its structured bond series.
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Legal & General has opened a structured product that offers a potential 45% return after five years.
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