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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


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