New product from fixed rate bonds supplier Legal & General 'attractive'
www.moneynews.co.uk > Banking > New product from fixed rate bonds supplier Legal & General 'attractive'
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Money News |
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New product from fixed rate bonds supplier Legal & General 'attractive'
Wed 8th Sep 2010
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Jamie Vale, director of business development (savings), highlighted how the launch of this bond is important since it meets RDR guidelines, which demonstrates the organisation's commitment to the transition in the industry.
In his opinion, offering unbundled charges and a competitive range of funds should prove to be popular with consumers.
He said: "This combination should prove an attractive proposition for IFAs advising clients on IHT and tax planning solutions who may be considering recommending investment bonds."
The Select Portfolio Bond has no early surrender or establishment charges and includes a choice of 123 funds covering a variety of sectors.
Recently, Legal & General Investment Management announced that it had strengthened its pensions capabilities by recruiting several new staff from other major firms, such as BlackRock and Towers Watson.
Click here for more banking news
Related News : Banking |
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Related News : Legal and General |
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