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Haridressers to be offered pre-stakeholder scheme

The National Hairdressers&#39 Federation has joined with Legal & General and Advizas to launch a pre-Stakeholder pension scheme.

The affinity group pension will be available to the federations 5,000 plus members from September 1.

The scheme which will be set up as a group personal pension, was negotiated by Advizas on the NHF&#39s behalf.

L&G are providing the scheme with a full transferability guarantee when stakeholder become available in two years. The guarantee means the policyholder will automatically benefit from stakeholder charges if they choose to convert it to a stakeholder plan in 2001.

The plan has a 5 per cent bid/offer spread and an annual management charge of 0.5 per cent. The allocation rate is 100 per cent.


Hill Samuel launches Triple Growth Isa

Hill Samuel Asset Management is offering investors a chance to benefit from potential growth opportunities in Europe, United States and UK all under one Isa roof.Its Triple Growth Isa allows investors to take advantage of three of its top performing funds, its American growth trust, European trust and UK select growth trust.Investors can mix and […]

C&G launches special discount mortgage offer

Cheltenham & Gloucester is reducing its range of discount rate mortgages by up to 0.25 per cent.The special discount offer marks the offical launch of its parent company Lloyds TSB on June 28.The offer provides the additional 0.25 per cent is added to the current discount rate for the first year only. It increases the […]

Skipton Building Society cuts mortgage rate

Skipton Building Society has become the latest lender to announce it is cutting its base rate.The society will cut its rate by 0.15 per cent.The rate reduction will take immediate effect for new borrowers and from July 1 for existing customers.The move follows the recent decision by the Bank of England&#39s Monetary Policy Committee descision […]

UK to train Chinese financial regulators

Trade and Industry Secretary Stephen Byers has announced the UK Government is to establish a training programme for financial regulators in China.The move follows on from the recent G7 summit in Cologne which agreed measures to overcome the weaknesses which caused financial crisis in Russia and Asia two years ago.Addressing the Shanghai Chamber of Commerce […]


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