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25 days to issue a cheque

Is big beautiful? I have just been told by Scottish Widows that, in connection with an external transfer into income drawdown with another provider, they are currently taking 25, yes 25, working days to issue a cheque. Let us hope that the transfer takes place before I have to deal with his widow.

David Rawle

David Rawle & Co,

London SW1

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NU launches flexible mortgage protection products

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Epic time for split-capital investment trusts

Epic Asset Management has introduced a split-capital investment trust based in the Isle of Man.The equity partnership investment company aims to produce income at 10 per cent a year for investors who hold income shares and growth of at least 3 per cent above the LIBOR rate for capital shareholders.It invests in the shares of […]

Britannia offers safer option

Britannia Building Society has introduced a five-year capital guaranteed equity bond which tracks the FTSE 100 index. The bond guarantees the return of investors&#39 original capital even if the FTSE 100 index falls below its the starting value by the end of the term. If the closing level is the same as the starting level […]

Keep calm and carry on?

We British are known for our stiff upper lip and just getting on with things. It’s part of our quirky cultural behaviour – like forming orderly queues, or saying sorry when it’s not our fault. Many of us just aren’t that great at talking about what’s bothering us. But if someone feels that the stresses […]

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