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BSA backs cash ISA

The Building Societies Association has backed the Treasury&#39s recent Cat-standard proposals for cash individual savings accounts.

BSA believes Cat-standards for cash isas will reassure inexperienced savers in an increasingly complex and crowded savings market.

The Cat-standard cash ISAs stipulate no charges, a minimum transaction size no greater than £10, withdrawals within seven working days and interest rates no lower than 2 per cent below base rate.


CGU presents Christmas hamper to first ever customer

CGU is going to present its first ever policyholder with a Christmas present she is unlikely to ever forget.Betty Boyes of Guisborough in Cleveland is to be presented with a hamper by CGU Life senior financial consultant John Smith.Smith says: &#34Congratulations to Mrs. Boyes on becoming CGU Life&#39s first policyholder. She was looking for an […]

Sloc&#39s IFA arm gets go ahead

The PIA has given Sun Life of Canada regulatory approval to launch its IFA arm Sloc Independent.The IFA will operate on referrals from the company&#39s field force, concentrating on products the insurer does not provide like healthcare. It will start with three registered individuals but may grow to over 30 depending on referrals.Sloc Independent will […]


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