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Leeds & Holbeck numbers are up

Leeds & Holbeck Building Society has announced record pre-tax profits of £13.1m for the first six months of this year.

Customers’ savings increased to £2.8bn, an increase of eight per cent.

Despite evidence of a slowdown in the housing market, new mortgage lending rose to £359m, an increase of 48 per cent on the same period last year.

Leeds & Holbeck says the new figures show the benefits of mutuality for both savers and borrowers.


Scottish Equitable International provides short term bond funds

Scottish Equitable International has joined the very small number of companies that provide short term bond funds.The short term bond fund is a Luxemburg based corporate bond fund which has been aimed at cautious UK investors who might otherwise invest their money in deposit accounts. They can preserve their assets by investing in low-risk products […]

Evergreen Retirement Assurance Enhanced pension annuity – 19th June 2000

Minimum investment: £10,000.Minimum age: 50.Income frequency: Choice of monthly, quarterly, half-annually or annually.Charges: None.Options: Dependent&#39s benefit, retail price indexation option, payment guarantee.Commission: Fee-based or flat rate of 1 per cent.Tel: 0845 333 3321.

Skipton Building Society launches two-year growth mini cash Isa

Skipton Building Society has joined the very small number of companies providing capital protected Isas, with the two-year growth mini cash Isa.The Isa, has an unlimited term, tracks the FTSE 100 index for the first two years. It is aiming to grow by one per cent for every one per cent increase in the index, […]

AITC drive: &#39its&#39 or miss?

As the AITC&#39s “its” campaign moves towards its second year, the decision to slash the advertising budget and switch agencies has not sent out the message of success the AITC would have wanted.After an extensive £17m TV and billboard campaign, funded largely by AITC members, expectations were high in the investment trust industry.But the second […]


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