View more on these topics

Leeds launches new fixed rate bond

Leeds and Holbeck Building Society is offering a new three year fixed rate bond paying 7 per cent a year.

The new product is available this week with a minimum investment of £100. The maximum investment is £250,000.

For monthly interest rate of 6.75 per cent is offered, and one penalty free emergency withdrawal of up to 25 per cent of the balance. The consumer faces a 180 days&#39 interest penalty on subsequent withdrawals.

Leeds and Holbeck operations director Chris Radford says: “This bond offers and excellent fixed rate for medium term savings with the peace of mind that your funds will be accessible in an emergency.”


Towry Law says it may sell if the offer is right

Acquisitive National IFA Towry Law is understood to be up for sale.The company says it has not had any direct offers but it would put any approaches before shareholders.Towry, which has a strong presence in the Far East, bought Hogg Robinson&#39s financial services subsidiary Advizas last year and recently acquired national IFA Hambro Fraser Smith […]

In the sub-prime of life

A common cause of concern to IFAs when asked to advise on credit-impaired lending is the perception of low quality. Why go to all the time and trouble of placing a difficult case when the likelihood is that any mortgage-related life sales will lapse after a couple of months?Far from disappearing under a wave of […]

Performing zeal

The recent trend among major financial services providers has been to appoint external investment managers. Having said that, external fund links are not new.Skandia Life has had external links for many years and, more recently, other companies, such as Scottish Widows and Scottish Amicable, have introduced external fund managers for their pension contracts. So the […]

Nuki&#39s Eye

Before getting tucked into my subject of the week – dodgy dotcoms – allow me to congratulate the IFA I happened to be sitting within earshot of in The Savoy recently.Most striking was his stunning yet economic choice of venue.His prospective clients – a couple in their 20s – were so impressed that they hardly […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and thought leadership.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm