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Bristol & West launches 2 year discount at 3.89 per cent

Bristol & West Mortgages has launched a two year discounted product at 3.89 per cent. The mortgage is a variable product at 2.15 per cent off the lender&#39s SVR, currently at 6.04 per cent. It is available until 31st March 2006 at up to 95 per cent loan to value.

Senior product manager Neena Kithoray says: “Bristol & West Mortgages are delighted to offer this two year discount mortgage at such a competitive rate. It is among the lowest in the market and is particularly suitable for those customers requiring low initial rates of pay.”


SPREFS offers smaller bite at property

Strutt & Parker Real Estate Financial Services has designed a commercial property fund for retail investors with small amounts. The Sprefs UK commercial Property fund invests in commercial property through an the Deutsche UK managed property fund. The Deutsche fund is an institutional fund with a minimum investment of £250,000 so retail investors would otherwise […]

Axa Investment Management – Axa Select Active Portfolio

Type: Oeic fund of funds Aim: Growth by investing globally in equities through segregated mandates and collective investment funds Minimum investment: Lump sum £100,000 Investment split: 100% global equities Isa link: Yes Pep transfer: Yes Charges: Initial 5%, annual 1.5% Commission: Subject to negotiation Tel: 020 7003 1234

Standard slashes direct salesforce jobs

Standard Life is slashing its direct sales arm by more than half, reducing the number of direct sales staff to 270 from 630 with the potential loss of 360 jobs. The number of direct sales branches will fall to 11 from 21. The restructuring will see the existing direct customer division divided into three separate […]

SEI looks to expand US consultancy business to UK advisers

SEI Investments&#39 new head of wealth relations Chris Hylen says the multi-manager is to undergo a major repositioning which will see it branch out into bespoke business consultancy. Hylen was until recently director of communications for SEI&#39s US adviser network, where he helped build around 5,000 outsource partnerships with US advisory firms. But after the […]

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The politics of healthcare

Healthcare is already one of the key battlefields in May’s general election, with each of the main parties committing to deliver improvements to the NHS and public health.


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