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Coventry Building Society – Poppy Online Savings Account 2

Coventry Building Society – Poppy Online Savings Account 2

Type: Online variable rate savings account

Minimum-maximum investment: £1-£250,000

Interest rate: 3.15% AER including 1.15% AER bonus, payable on an annual or monthly basis

Withdrawals: Four penalty-free withdrawals a year, thereafter loss of 50 days’ interest




Variations on a theme

Five main themes help to keep pace with a seeming grand old duke marching funds up the hill and down again


Advisers must act now to tackle RDR tax costs

Many in the industry hoped the changes to adviser remuneration resulting from the retail distribution review would have minimal tax implications but they were disappointed. The tax changes look to be wide-ranging and may affect the number of products offered. Fortunately, some of the hidden tax costs of the RDR can be mitigated if advisers […]

Rejection dictates new stance

Treasury select committee chairman Andrew Tyrie says the FSA’s rejection of the committee’s key RDR recommendation will inform how it proposes to increase the Financial Conduct Authority’s acc-ountability. The TSC’s RDR report, published in July, called for the 2013 implementation date to be put back by one year to give advisers more time to reach […]

Sticking to valuation discipline when investing in China

Journalist Alexis Xydias discusses the opportunities – and potential pitfalls – of investing in China with Artemis fund manager Peter Saacke. With Peter holding significant positions in China in the Artemis funds he manages, journalist Alexis Xydias quizzes Peter on the risks of investing in Chinese stocks – including over-valuations, margin trading and financial reporting issues. Click here for video


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