View more on these topics

First-e beats Egg

Internet bank first-e has overtaken Egg in offering the market&#39s top-paying instant access savings account with a 6.51 per cent annual equivalent rate.


Egg offers an interest rate of 6 per cent.


First-e is owned by French bank Banque d&#39Escompte.


Recommended

IFAs selling endowments despite warning

IFAs are still promoting endowment mortgages even though the Government has warned they should only be sold in exceptional circumstances, according to the Guardian.Major mortgage companies have been advising first-time homebuyers endowments are more flexible and portable than repayment mortgages, according to its research.The Association of British Insurers believes charges on 75 per cent of […]

IFAs slam PI insurer on endowment probe

IFA bodies have slammed the decision by Britain&#39s biggest professional indemnity insurer to ask questions about endowment sales on PI renewal forms.The move, spearheaded by the PI insurer St Paul, is seen as a slap in the face for IFAs already struggling to secure PI insurance as a result of the pension review phase 2 […]

CGU takes control of Hibernian

CGU has taken control of Irish insurance company Hibernian Group. The life office already had a 28 per cent stake in the firm but has now raised this to 53 per cent. CGU values Hibernian at £336m. CGU says the deal: “should enhance significantly the position of the combined group in the life and savings […]

Powerful estate planning tools ignored or forgotten by wealthy Brits

Canada Life IHT Survey 2016 Only a quarter of wealthy Brits have sought professional estate planning advice to ensure their families don’t pay more tax than required More than a quarter don’t even have a will and just one in five have gifted money Many say they do not need these tools but families would […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment