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CTF investors opting for cash

Over 70 per cent of Child trust fund vouchers accounts opened are invested in cash, according to the Building Societies Association.
Since launch, the eight BSA members offering cash and stakeholder options have opened around 270,000 CTF accounts with 70 per cent opting for cash.
Net receipts of over 12m were taken into cash accounts in June alone bringing the total placed in cash accounts to 51m.


IFA Jobs View: Word of mouth speaks volumes

Julian Telling, managing director, Falcon GroupRecruitment requirements for a medium-sized business such as Falcon generally fall into three main categories, namely advisers, paraplanners and compliance staff. There are, of course, a few head-office appointments which I will deal with later. Being based in Bristol is not without its advantages. The city has a long reputation […]

IF reducing fixed rates

Intelligent Finance is cutting its fixed mortgage rates, taking advantage of opportunities created by falling swap rates. It says the cost of wholesale money, which banks buy in advance to lend to mortgage borrowers, has been falling in recent months, leading to the potential for cheaper rates to be passed on to borrowers. IF has […]

All change at assureweb

There was confirm-ation last week of what must be one of the industry’s worst-kept secrets this year.

Sellers focus on deal rather than prices

House vendors will sell for a quicker, lower price rather than risk holding out for a better price, according to research by Yorkshire Bank. Findings from a survey by Yorkshire reveals that 20 per cent of sellers would favour lower offers from buyers in shorter chains rather than try to hold out for a higher […]


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