View more on these topics

Cater Allen Private Bank – Reserve Account For Pensions

Cater Allen Private Bank

Reserve Account For Pensions

Type: High-interest account for pension trustees

Minimum-maximum investment: Lump sum 5,000-no maximum

Interest rates: Investments up to 49,999 3.45% gross a year, between 50,000 and 99,999 3.875% gross a year, between 100,000 and 499,999 4.375% gross a year, between 500,000 and 999,999 4.38% gross a year, 1m and above 4.45% gross a year

Withdrawal penalties: 10 monthly administration fee applies to accounts falling below 5,000

Commission: Renewal 0.25%

Tel: 0500 009 462


PFS wants crackdown on product marketing

The Personal Finance Society is lobbying the FSA to tighten the way providers market their products to advisers. Members are increasingly concerned that there are few consequences for providers for their marketing of products to IFAs. Aifa is also in talks with the regulator on the issue. Members have raised concerns that they often have […]

Day is dawning for commodities

Structured product provider Dawnay Day Quantum has created another issue of protected commodities accelerator, capital-protected bond linked to a basket of eight industrial metals and energy-related commodities for a four-year term.


News and expert analysis straight to your inbox

Sign up


    Leave a comment