View more on these topics

Manchester introduces new capped rate mortgage

Manchester Building Society is introducing a capped rate mortgage with an interest rate of 6.74 per cent until December 2002.


The Capped Rate Mortgage Scheme will have a minimum loan of £50,000 and an arrangement fee of £295.


Chief executive David Barron says: &#34Unlike the majority of schemes available from other lenders which have redemption periods of six or seven years, the redemption penalty on our scheme matches the period of the capped rate.&#34

Recommended

Scottish Widows launches three pension funds

Scottish Widows has extended its pension portfolio and launched three new pension funds. The European Pension fund, the US Pension fund and the Japanese Pension fund each invest solely in their respective unit trusts.

BVCA &#39business angels&#39 hit record highs in 12 months to June

The British Venture Capital Association has announced a record £25m of business angel investment for the 12 months to June 30 1998.The 398 registered business angels made 227 investments totalling £24.6m in 223 registered companies.The majority – 69 per cent – of investments were less than £50,000 with technology the most popular sector.Scotland, East Anglia, […]

LLoyds TSB offers new tranch of guaranteed bond

Lloyds TSB Life is issuing a new tranche of its Guaranteed Stock Market Bond which it says offers consumers a no lose situation.GSMB offers consumers the chance to invest in the stock market for six years with a guaranteed return of at least the amount invested at maturity.The life office is offering those that invest […]

ICS opens way for compensation claims against three more IFAs

The Investors Compensation Scheme is opening the way for customers to formally lodge applications for compensation against three former IFAs.The firms are Portfolio Investment Services, Burnawn Financial Services Limited and Michael Lee & Company Limited.The ICS is declaring the firms in default because it is satisfied that they are likely to be financially unable to […]

Unfinished business?

Pension specialist Fiona Tait gives an update on three big announcements from the 2016 Budget – Pensions Advice Allowance (PAA), the Lifetime ISA (LISA) and the pension dashboard. £500 Pensions Advice Allowance What’s new Under current rules it is possible to deduct an adviser charge from a defined contribution pension fund to pay for financial […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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 advice.

    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

    Email: customerservices@moneymarketing.com