Egg is revamping the online service it provides its customers.
The service will provide customers with up-to-date information about their savings accounts and will allow them to transfer money to and from other accounts.
The site has had 300,000 visitors since its launch in mid October.
William M Mercer says that employers will have to redesign their company pension schemes if the Government's state second pension scheme goes ahead.The pension consultant and IFA says the second scheme will deliver higher benefits to lower earners and force companies to revamp occupational schemes to make them more attractive.Senior consultant Harvie Brown says: "In […]
Halifax is spending £1.8m on a television advertising campaign to promote its range of tax free savings products.The main aim of the campaign is to increase the profile of its Individual Savings Account range which will be available from April 6.The bank says the campaign has been designed to raise awareness among its customers of […]
Funds under management in Guernsey picked up in the last quarter of 1998 following falls in the second and third quarter.In the last quarter, the value of assets under management increased by just under £1bn, an increase of 6.6 per cent to reach £15.7bn.The total number of funds reached 393. Guernsey says that 33 other […]
Skipton has posted record results with pre-tax profits up 8 per cent to £40.1m.Group gross mortgage lending was up 22 per cent to £842.7m and assets increased 16 per cent to £4,377m. Skipton chief executive John Goodfellow says: "The market within which we operate is becoming ever more competitive and this is reflected in the […]
In this short video, Martin Foden, head of credit research at Royal London Asset Management, discusses how convenience is affecting the construction of fixed income portfolios. Watch the video in full The value of investments and the income from them is not guaranteed and may go down as well as up and investors may not […]
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A weekly account of the curious goings-on in the world of financial services from Money Marketing’s diary page Green with envy While scouring through the MPs’ Register of Interests last week, one WSJ correspondent took to reading the fine print of Treasury committee member John Mann’s file. Among the list of international trips undertaken by […]
Long-awaited guidance clears up confusion around the IHT position of policies issued under seal Life assurance protection is an often overlooked estate planning tool. For UK-domiciled individuals, effecting a policy subject to a trust can deliver a neat, effective way of sorting inheritance tax liability that cannot be diminished through other planning. It can also […]
Workplace provider Smart Pension has been told not to publish an advertisement again after a complaint to the marketing standards watchdog over its “threatening” tone. In November last year, Smart Pension sent a letter to business owners, stating that “failing to set up your workplace pension now could soon blow a serious hole in company […]
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