View more on these topics

Aldermore launches fixed rate Isas

Aldermore hasn entered into the fixed rate Isa market with the launch of three new products.

The firm has launched one, two and three year cash Isas. The one year fixed rate Isa offers pay 3.05 per cent per annum with the two and three year offerings returning 3.6 and 4 per cent respectively.

The Isas have a minimum opening balance of £3,600 and there is an option to withdraw funds during the fixed term, subject to loss of interest.

Aldermore head of savings Simon Healy says: ““Our fixed rate cash Isa s are offering some of the best tax-free savings rates currently available. They not only enable investors to lock-in their returns but, if they are transferring funds from other providers, they can do so without losing their tax-free status.”


F&C expresses concern about lite understanding

F&C’s multi-manager team says it is excited about hedge funds lite coming into the market this year but it is concerned that some investors will not understand these strategies. Hedge funds lite is the term that the industry is using to describe Ucits III funds that adopt hedge fund strategies to produce absolute returns with […]


Mandelson wants sense of proportion from FSA

Business Secretary Lord Mandelson has called for “a sense of proportion” at the FSA and urged the regulator to take a step back and work with the EU to collectively define the regulatory system.


Guide: day-to-day tasks ​— can your system manage?

This guide from Johnson Fleming will take you through the required communication and also give ideas for additional actions that will ensure your auto-enrolment project is a success. As well as highlighting what is required from a system to ensure it is up to the tasks, an overview of the following is also provided: data validation; data categorisation; employee communication; opt-in process; opt-out process; produce contribution schedule; contribution reconciliation process; upload of member data to pension provider; upload contribution to pension provider; manage salary sacrifice process; enrolment process; re-enrolment process; and management of increased employee queries.


News and expert analysis straight to your inbox

Sign up


    Leave a comment