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AMP says baby bond plans will help low earners

AMP says the Government’s plan for a baby bond will help families on middle to low incomes. The life office says it was involved in developing the bond alongside the Treasury and funded research for the Institute for Public Policy Research. It has been working with the IPPR and the Treasury to promote policies that will encourage ordinary people to save more. Its research shows baby bonds will give low income families the focus to save.


Platform fixes it for adverse credit

Platform Home Loans has entered the one-year fixed rate adverse credit market with the 7.3 per cent fixed rate mortgage.The mortgage is aimed at people who have been turned down for mortgages by other lenders because they have defaulted on loans in the past. It has a fixed rate of 7.3 per cent for loans […]

National Counties home in on remortgages

National Counties Building Society has designed a stepped discount mortgage with a twist.The two year stepped discount mortgage is available for loans of up to 80 per cent of valaution and has two remortgage options.For house purchases and remortgages where the borrowers is prepared to pay an arrangement fee and meet all legal costs, there […]

Women still &#39significantly&#39 behind men in private pension ownership

Working women need to plan their finances more effectively, particularly their pension arrangements, according to a report from the FSA.The report, Women and personal finance: the reality of the gender gap, shows women are less likely than men to have taken out a private pension.Only 27 per cent of married women have a pension compared […]

SocGen targets corporate bonds

SocGen Asset Management has entered the corporate bond fund market for the first time with the introduction of the SocGen sterling corporate bond unit trust.The unit trust will invest in a portfolio of between 40 and 50 corporate bonds issued by companies that are in the UK corporate bond sector. At least 80 per cent […]


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