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Britannia launches new ten year fixed rate mortgage

Britannia has launched a new ten year 4.74 per cent fixed rate mortgage.
There is an arrangement fee of 349, a 100 administration fee and early repayment charges apply.
Britannia managing director of member business Tim Franklin says: “Unlike other lenders who are withdrawing or increasing rates on fixed term mortgages, Britannia Building Society is offering customers the chance to get their hands on a great product with a low rate that gives homeowners the security of fixed monthly payments.”


Chambers stands down as Man Investments CEO

Chris Chambers is stepping down as Man Investments chief executive in an announcement made by the group yesterday. Chambers, who joined in March 2002, will be replaced by John Morrison, currently Man Investments head of marketing and client services. The hedge fund arm of the Man Group will lose Chambers at the end of the […]

‘Pension deficit is close to zero’

The true pension deficit of FTSE 100 companies is likely to be closer to zero than the 37bn reported recently in the press, according to a report by SEI Investments and Cardiff Business School. The research suggests current FRS17 rules used to account for a companys pensions deficit create over cautious assumptions and should be […]

Eastern European promise

I am always suspicious when a stockmarket sector has risen dramatically over three years or so but I believe that well managed European emerging markets funds will still outperform most other sectors over the next few years.


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