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Inter-Alliance buys IT consultancy

IFA Inter-Alliance has bought investment technology consultancy firm IntelliFlo to beef up its e-commerce capability.

IntelliFlo specialises in developing bespoke software solutions. It will continue to provide consultancy work for other clients. It has previously worked for British Airways, Barclaycard and British Telecom.


Skipton ditches redemption lock-ins

Skipton Building Society is launching a range of mortgages with no redemption tie-ins.All loans will have one months&#39 interest penalty on repayment of the loan. There will be no penalty for part capital repayments.The range offers the choice of three loans, the base rate tracker which tracks the Bank of England base rate and offers […]

Bank of England base rate remains unchanged

Borrowers&#39 hopes for lower mortgage payments have been dashed by the Bank of England&#39s announcement that interest rates will stay at 5.25 per cent.Last month the Monetary Policy Committee cut rates by 0.25 per cent. But many lenders ruled out a rate cut for borrowers unless the rate fell by a further 0.25 per cent. […]

Cheltenham & Gloucester increase interest rates on its Isas

Cheltenham & Gloucester has increased the interest rates on its Cash and Tessa only Isas.The move sees the interest rate increase by 0.75 per cent to 6.25 per cent from 5.5 per cent.The rate change applies from May 8. It is guaranteed to be the same as the banks base rate until January 1, 2000.

Portman Building Society launches capped Successor

Portman Building Society has introduced a capped rate to its Successor Mortgage.The loan offers a 1.4 per cent discount on the society&#39s current standard variable rate of 6.85 per cent with the added security of a 5.99 per cent cap until July 2001.Successor provides borrowers with flexibility to make over payments or transfer their mortgage […]

Auto enrolment – so far so good?

Jamie Clark – Business Development Manager The recent report from the Pensions Policy Institute demonstrates the sheer scale of auto-enrolment so far and what we can expect in the future. We’ve pulled out the key information to save you reading the full report. Auto enrolment in numbers Sources: Pensions Policy Institute, The Future Book: Unravelling […]


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