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Building Societies trailing banks on instant access rates

Building Societies are trailing banks in terms of rates offered on Instant Access and No Notice accounts according to the Research Department.


TRD analysed the top 20 accounts and found that only 2 were provided by building societies with 13 provided by banks.

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Scottish Friendly Assurance launches Oeic

The Scottish Friendly Assurance is launching an Oeic as part of an Isa range.The Oeic sub fund will be called the Scottish Friendly Managed Growth Fund.The fund&#39s investment management team will be headed by Julian Fosh. The investment spread will be 56 per cent UK equities, 12 per cent fixed interest, 27 per cent and […]

EFM Income & Value Trust fully invested

Edinburgh Fund Managers says its Income and Value trust is now fully invested.At May 26, total assets were £52.3m compared with £50.4, raised from the placing of ordinary shares, zero dividend preference shares and bank borrowing.EFM says the trust is on course to offer ordinary shareholders, who subscribed at launch, a net yield of 9.6 […]

Lambeth Building Society to hold AGM on July 1

Lambeth Building Society has rescheduled its annual general meeting to July 1. The meeting was due to be held last month but was rescheduled because of problems with the mailout to members.

Friends Provident launches updated tax and planning service

Friends Provident has launched an updated version of its Tax and Planning Service taking account of the 1999 budget changes.The latest version of TAPPS, which covers pensions and taxation issues, includes three modules focusing carry forward/carry back, salary sacrifice, and employing partners.

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