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Halifax improves rates on cash Isas

Halifax is improving its savings rates with a new fixed-rate cash ISA for the new tax year.

The ISA Saver aims to tempt investors with a home for their current and previous years&#39 ISA subscriptions and for matured TESSA funds. The minimum investment is £3,000. Fixed terms of one to five years are available. At maturity, roll over options will be offered, but any early closures will require a 30-day notice and a 180-day interest penalty.

The interest rate for the investment is fixed from the account opening day and guaranteed for the term. Initial rates will range from 4.75 per cent to 5.6 per cent, depending on the term.


Lonesome pining

I am an IT consultant and like to look after my finances myself. Last year, however, I made losses on most of my investments. I want to continue to have control of my money and make decisions myself but I think I may need help. What can an IFA offer me and what should I […]

Friends warns on massive gap between MFR and FRS17

Friends Provident is warning that more firms may switch from defined-benefit to definedcontribution pensions because of a yawning gap between the minimum funding requirement and FRS17.Its calculations reveal even pension schemes which are overfunded under minimum funding requirements appear to face huge shortfalls under accounting standard FRS17.The figures show that a scheme can be 115 […]

Britannia International links property with stockmarket

Britannia International is making it possible for UK expatriates to take advantage of the UK property market and stockmarket through the double index growth bond.This offshore bond takes the trend for guaranteed equity bonds one stage further by linking the investment to the FTSE 100 index and the Halifax Standard Index of House Prices (HPI).Half […]

Eagle Star – Flexible Drawdown Plan

Monday, 8 April 2002 Type: Hybrid Sipp Minimum investment: £150,000 Investment choice: Global select growth, environmental opportunities, equity managed, European growth, Japan growth, managed, American growth, Asia growth, property, secure, UK equity, UK preferences and fixed interest, long dated gilt, UK index tracker, unitised with-profits, managed income, cautious managed, UK corporate bond, UK money securities, […]


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