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CSAM offers 1 per cent Isa discount

Credit Suisse Asset Management is offering a 1 per cent discount on all lump sum Isa investments into its range of Oeics.

The offer, which is open to the end of the tax year, applies to funds including CSAM&#39s income, monthly income and extra income funds, as well as its corporate bond monthly income and smaller companies funds.

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Woolwich and Nationwide increase proc fees through Mortgage 2000

Mortgage 2000 mortgage club is offering higher procuration fees to brokers placing mortgages with Nationwide Building Society and Woolwich bank. From Nationwide, advisers will receive 0.3 per cent of the mortgage advance, with a minimum payment of £150 on all cases. They will receive 0.3 per cent of the mortgage advance on standard, Open Plan […]

L&G rolls out equity release product to all IFAs

Legal & General is now marketing its equity release mortgage to all IFAs, as the lender sees the product as a growth market for 2003.The product, that had formerly only been marketed to a limited number of IFAs, has a fixed interest rate of 7.3 per cent for the life of the mortgage.L&G director of […]

Outside edge

When asked to comment on the Isa season, my first reaction was what Isa season? IMA figures for the first three months of last year showed net Isa sales were down by 36 per cent on the same period for the previous year and I expect figures for this year to be down further. It […]

Newcastle brings out third property bond

Newcastle Building Society has brought out the third issue of its guaranteed property bond. The bond works in a similar way to guaranteed equity bonds that are linked to stockmarket indices, but it is linked to the performance of the Halifax House Price Index for five years. To calculate the final returns, the level of […]

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