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B&B sells property services

Bradford & Bingley has sold its property services businesses to Countrywide for £44.3m in cash while the fate of Charcol still remains uncertain. Goldman Sachs advised on the sale of B&B&#39s 307 estate agency offices and SecureMove Property Services. Countrywide has four main divisions – estate agency, financial services, residential surveying and valuation. In addition, Lloyds TSB Autolease has bought the portfolio of car financial credit associated for £5.2m in cash.


In Pru Health

PRUDENTIAL PruHealth Type: Individual and group private medical insurance Minimum-maximum ages: 18-70 Minimum group size: Two Minimum premium: No minimum Maximum benefits: No overall maximum but limits will apply to some benefits Cover provided: Comprehensive plan &#45 unlimited inpatient benefits except psychiatric treatment up to 45 days a year, outpatient benefit &#45 unlimited benefits except […]

Resolution picks finance chief

Resolution Life Group is appointing Mike Biggs as its chief financial officer and board executive director. Biggs, the former Aviva group finance director, will be responsible for the company&#39s financial management, consolidated group reporting and capital structure. Biggs helped in the demutualisation of Norwich Union in 1997. He will also lead Resolution&#39s eventual flotation. Resolution […]

NDF Administration – Growth Plan October 2004

Type: Capital-protected bond Aim: Growth linked to the performance of the FTSE 100 index Minimum-maximum investment:£10,000-£1m, Isa £3,000-£7,000 Term: Six years Return: 8 per cent of original investment at end of year one if index is at or above initial value, 16 per cent at end of year two, 24% at end of year three, […]

Life Protection from Homeowners Friendly Society

Homeowners Friendly Society announces the launch of its Better Start Family Income Life Cover to help parents protected their family financially. The cover provides families with a tax-free monthly income in the event of a parent&#39s death. Following a claim, the cover pays out in monthly instalments for the remainder of the 20-year policy term […]


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