View more on these topics

BSA embraces Blair&#39s third way

Building societies laid claim to being &#34the third way&#34 between old nationalised industries and public companies, at the Labour party conference last week.


Building Societies Association chairman John Heaps, who was speaking at Blackpool, claimed that member-owned mutuals were in line with Labour&#39s vision of partnership and co-operation.


In an attempt to emulate the Labour party&#39s success at reinventing itself for the future, Building Societies Association chairman John Heaps coined the term New Mutualism for the building society movement.


Heaps said: &#34Rather like the Labour Party itself, over the past few years building societies have reinvented themselves, and at the same time, redefined their reason for existence.&#34

Recommended

Schroders goes for Asian Bonds

SchrodersASIAN BOND FUNDType: A sub-fund of the Schroder International Selection Fund societe d&#39investissement a capital variable, denominated in US Dollars and offering three share classes.Aim: To achieve long term returns through a combination of high yields and capital growth.Minimum investment: A and B shares – $5,000, C shares – $500,000.Investment split: Asset allocation – corporate […]

Northern Rock fixes for Three and Five years

Northern RockFIXED RATE MORTGAGESFixed terms: Until January 1, 2001 or 2003.Fixed rates: Two year – option one 4.69 per cent, option two 6.69 per cent. Four year – option one 5.99 per cent, option two 6.49 per cent.Minimum loan: Negotiable.Maximum loan: Up to 95 per cent of valuation subject to a maximum of £250,000.Income multiples: […]

Stop the cold-calling

Royal London is pleased to support the petition calling for a ban on cold-calling for pension and investment products. The petition, launched by IFA Darren Cooke of Red Circle Financial Planning and hosted on the Parliamentary website, calls on the Government to ban cold-calling for pensions and investment products. A similar ban is already in force […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment