Co-operative Financial Services is combining Co-operative Bank and Co-operative Insurance Society mortgage operations.
The single operation will eventually offer one product range to customers across all CFS distribution sales.
CFS chief executive Mervyn Pedalty says: "A pilot exercise undertaken at the end of 2002 revealed the significant cross-sales potential we have within our brands."
Wednesday, 5 February 2003 Type: Oeic Aim: Growth by investing in international equities Minimum investment: Lump sum £1,000, monthly £100 Investment split: UK equities 55.41%, European equities 3.78%, North American equities 12.12%, Japan 1.96%, Pacific 0.89%, UK bonds 9.95%, UK corporate bonds 9.98%, cash 5.92% Isa link: Yes Pep transfers: Yes Charges: Initial 4%, annual […]
The Pensions Green Paper might have been disappointing but the same cannot be said of the proposals for tax simplification, launched in a simultaneous consultation paper. Consider the joint objectives: •Providing choice for everyone by simplifying the structure and removing the mystique born of years of legislative “tinkering”. •Increase protection for members of occupational schemes, […]
The UK is the most popular home for Isa investors this tax year, with 42 per cent investing domestically and 15 per cent choosing Europe, according to Jupiter. From a sector viewpoint, income funds were selected by 21 per cent of its investors, with financials the second most popular sector, chosen by 11 per cent. […]
A number of employers have given defined-contribution pensions “a bad name” by cutting contributions after switching their occupational schemes from defined-benefit schemes, according to pensions minister Ian McCartney. He was challenged by MPs on the committee about how the Government plans to prevent employers from reducing or stopping contributions when they move from DB to […]
Last tax year-end there was a lot to think about in relation to planning. The introduction of the tapered annual allowance and the implications of moving to a fixed pension input period, the reduction in the lifetime allowance and potentially applying for protection, and the concern about changes to tax relief, to name a few. […]
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You have to do hard things to be successful in life. The things no one else does. Why? Life coaches will tell you those are the things that define you; the things that make the difference between existing and living. This may well be true but if that does not float your boat, then American […]
Only a quarter of women are shopping around for their retirement income, according to national IFA LEBC. Customers of LEBC pension advice business The Retirement Adviser are far more likely to use its whole of market service to find the best retirement income solution if they are male. LEBC says the proportion of women using […]
A weekly account of the curious goings-on in the world of financial services A game of Brexit MonopolyLast week, in a foreign policy speech, Theresa May said Brexit negotiations were in their “endgame”. WSJ thinks this is highly unlikely, having heard that not even a quarter of European law has been rolled over yet. Wingate […]
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