View more on these topics

Birmingham Midshires revises childrens account

Birmingham Midshires has revised its young savers account to make it more accessible to children.

The move was made in response to research carried out by the former building society which revealed that 88 per cent of people believe they picked up their financial habits from their parents.

Under the new conditions, the minimum opening balance has been reduced from £25 to £1 and savers will receive 4 per cent on all balances.

Recommended

Pickering rejects annuity purchase compulsion

Pensioners should not be forced to buy an annuity but must ensure they have a regular income for life, according to Alan Pickering.Speaking at the Chartered Insurance Institute&#39s annual conference in Birmingham last week, Pickering said he disagreed with the notion that the Government should dictate how the income stream from pensions is decided.He did […]

Scarborough Building Society – Access 4

Wednesday, 2 October 2002 Type: High interest account Minimum-maximum investment: Lump sum £3,000-£500,000 Interest rates: 4.1% gross a year, 3.85% gross a month Term: Until further notice Offer period: Until further notice Withdrawal penalties: Four free withdrawals a year thereafter interest rate reduced to savings base rate Tel: 0845 458 4458

Standard slices payouts 10% as surrenders rise

IFAs say Standard Life has bowed to the inevitable by imposing a 10 per cent market value adjuster and slashing payouts by 10 per cent on Monday.Standard has made the with-profits cuts in an interim bonus declaration. It blames the move on stockmarket falls and rising surrenders.It follows increasing media and industry speculation about the […]

Brokers are facing last-ditch exam dash

Many IFAs face a last-minute dash to get the minimum qualifications by the end of the year to continue doing mortgage business, according to IFA Promotion.IFAP reveals that only around 950 of its 10,300 listed IFAs have passed the Maq or Cemap bridge paper with less than 100 days until the Mortgage Code Compliance Board&#39s […]

Parental leave and pensions

Fiona Hanrahan  – Senior Product Insight and Technical Support Analyst We are often asked how parental leave impacts workplace pension schemes in terms of funding in general, auto enrolment and salary exchange. This article will explain each of these. How does parental leave impact the funding of workplace pension schemes? A member of a defined […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com