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Abbey launches stepped mortgage starting at 2.99 per cent

Abbey has launched a 2.99 per cent deal that shoots up to 6.2 per cent after a year.

The rate then climbs again to 6.35 per cent in years four and five. It also has an application fee of £799.

Additionally, the lender has reduced the application fee on its 5.19 per cent two-year tracker by £300 to £499.

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Case study: administration — managing group life schemes

Our client leads the global market in high-tech electronics manufacturing and digital media. The trustees of the company’s final salary pension scheme insure death-in-service lump sum and dependants’ pension death benefits for active employees, as well as dependants’ pension benefits for deferred members (those who have left service).

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