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Britannia launches new capped rate mortgage

Britannia Building Society is launching a new mortgage capped for the first two years at 4.90 per cent.

Benefits include 12 months free unemployment cover, a cash bonus every year under the society&#39s profit sharing scheme and is Mig free for customers with at least a 10 per cent deposit.

The loan reverts to Britannia&#39s variable rate of 7.39 per cent after the capped period.

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Legal & General is launching two new pension funds aimed at global equity market returns for long term investments.The Global Equity Index Fund invests 70 per cent in L&G&#39s UK Equity Index Fund and 30 per cent in L&G&#39s Overseas Equity Index Fund. The Global Equity Fixed Weights Index invests 60 per cent in the […]

New generation for friends

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B&B equalises commission in anti-bias bid

Bradford & Bingley is equalising the commission it pays to its advisers for selling lump-sum investment and mortgage products. B&B will pay advisers the same commission for any product sold, including with-profits bonds and unit trusts, but it will not affect the existing terms of remuneration between the bank itself and product providers. It says […]

Jerry Baarnfield

We are witnessing one of the most hyped launches the British public has ever experienced. After a couple of months of publicity on TV, radio and all over the national press, people will now be flocking to buy one. It has been difficult to miss the publicity machine in its efforts to ensure a best […]

Retirement - thumbnail

(Another) downhill stroll — retirement planning

A report published this morning by the CIPD (CIPD Employee Outlook March 2015) provides yet more interesting data to the changing landscape of retirement planning. It should be remembered that we are in a period of genuine flux here given that the default retirement age was scrapped three years ago, and new pension freedoms come online in April. Both of these alterations will have a huge impact on how employees plan for their retirement.

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