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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.


Independent pulls back from launching life office

Independent Insurance is shelving its plans to set up a life office. The general insurer was expected to launch into the life and pensions market through the IFA channel next summer.The firm is blaming the downturn in the stock market for its reluctance to press ahead with its plans. But it is understood to have […]

GRE prone to takeover according to analysts

Analysts are predicting that Guardian Royal Exchange could be the subject of takeover moves within the next six months.Analysts say the firm, valued at about £3bn, is more attractive to predators following its moves to reorganise its life and pensions business with a capital injection of £300m. It is also ditching its salesforce in favour […]


Pinpoint school fees planning

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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