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Medium term savings rates return to the fore

The yield curve on UK gilts has begun to revert back in favour of medium term investments according to National Savings.

It says that for almost two years saving rates have provided higher returns for shorter term variable rates. But the yield curve has now reverted to its more usual shape reflecting an increase in medium term rates.

National Savings expects this trend to continue leading to greater demand for medium term fixed rate saving products. This has been reflected in National Savings increasing its five year interest rates in May.


Fraser Smith relaunches as HambroFraserSmith

Leading IFA Fraser Smith has rebranded as HambroFraserSmith following major cash injection from a group of city businessmen.Among the investors who have so far invested £750,000 over the last six months, is Rupert Hambro of Hambros merchant bank fame and former Abbey Life chief executive and British Telecommunications group manager director Michael Hepher.The capital investment […]

ABI adds fourth managed sector to classifications

The Association of British Insurers&#39 has added a fourth managed sector to its investment classifications.The &#39Defensive Managed&#39 sector comes into effect on September 20, alongside the current Cautious, Balanced and Stockmarket managed sectors.The new sector has been introduced to meet the needs of risk averse investors wishing to invest in equities.Defensive Managed funds will have […]

Self-employed are neglected by the stakeholder proposals

The self-employed are being neglected under current stakeholder proposals according to consulting actuaries Punter Southall & Co.The self-employed represent a large section of the Government&#39s target audience for stakeholder. But despite this Punter Southall & Co believes the proposals do not offer the self-employed any incentive to save for their retirement.The actuary says of the […]

Lambeth Building Society launches three discount rate loans

Lambeth Building Society has launched a range of discount mortgages.The range includes a one-year discount, a two-year discount and a two-year discount with a cashback.The discount rate over one year is 5.1 per cent giving a payable rate of 1.7 per cent for loans up to 95 per cent loan to value.The two-year discount is […]

The FCA’s five fixes for retirement information

The Financial Conduct Authority (FCA) has started to change the way that people will be told about their pension options. In a recent market study paper, they lay out their final proposals on the information that should be delivered to people approaching retirement and how it should look and feel. During 2015, there will be […]


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