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ASA forces C&G to amend &#39instant&#39 access accounts

The Advertising Standards Authority is forcing Cheltenham & Gloucester to withdraw its Instant Transfer Account and rename its Instant 10 Account.


The ASA ruled against the words &#34instant access&#34 because neither account offers instant cash withdrawals, a facility that an instant access account must have under a new ASA ruling.


The Instant 10 Account is being renamed Branch 10. Existing holders of Instant Transfer Accounts will not be affected.

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Jeremy Pearson is Technical Support Manager with Canada Life’s ican Technical Services Team. Canada Life offers a range of wealth management solutions, including retirement income planning, estate planning and investment solutions from a choice of jurisdictions, including the UK, Isle of Man and Republic of Ireland. Many parents value the standard of education offered by […]

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