A TAP by another name: Does it matter that fund managers are calling the new MLIS a TAP?

Article Abstract:

The advent of the new market-linked income stream (MLIS) is causing confusion as the MLIS, which came into existence on September 20, 2004 is being renamed as a term-allocated pension (TAP) by fund managers. Some features are presented which do not apply to the market-linked stream, as MLIS and a TAP are one and the same, but allocated pensions are different.

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The bold and the beautiful

Article Abstract:

Two new models from Mercedes-Benz, the Mercedes SLK and the Mercedes C-Class are presented with its technical details and characteristics. The SLK is fast, emotive and extremely fun to drive with its powerful engine and safety features whereas its C-Class 55 AMG is sporty, powerful and is pleasant to drive with its comfortable and packed features.

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A matter of interest

Article Abstract:

According to the financial products research house Cannex, Australians have 26 major credit- card reward programs to choose from. Interest rates should ideally be one of the key deciding factors in selection of such programs.

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