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ALIL launches new limited edition 1-year fixed rate bond

Alliance & Leicester International is launching a new 1-year fixed rate bond at 4.40 per cent.

ALIL is offering the bond to new and existing customers, who are able to deposit between £5,000 and £1m into the 1-year fixed rate bond, maturing on September 30, 2006.

Investors can choose to have interest paid on maturity or on a monthly basis, into another ALIL account, or a bank or building society account in the IoM, UK or the Channel Islands.


Axa looks for staff to fill London posts

Axa is recruiting new staff in London in a bid to beef-up its public relations operation. The firm is looking for three new members for its communications team, with two staff – a PR manager and executive assistant – sought for its general insurance arm in London as well as a corporate communications assistant to […]

Dollar deal for Asia currencies

SG Hambros is offering a capital-guaranteed structured product linked to the performance of Asian currencies against the US dollar. The 12-month USD propulsive certificate offers investors 110 per cent of any appreciation of selected Asian currencies against the dollar over that period, with capital guaranteed if the product is held to maturity. The basket is […]

BTL set for wave of Sipp sales

Two-thirds of buy-to-let mortgage intermediaries believe allowing residential property in Sipps will boost the market, according to Mortgage Trust. Its September BTL intermediary forecast shows 65 per cent expect A-Day to strengthen the sector, leading to an average uplift in business volumes of 10.6 per cent. But 35 per cent believe the potential effect has […]

Bolt-off fund

What with Fidelity having decided to take the machete to its special situations fund, the industry is awash with rumours concerning who will step into Anthony Bolton’s shoes and what new name the portfolio is to be blessed with. The following titles have been suggested to the Diary: Fidelity Situations Vacant Fund, Fidelity Not So […]


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