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MPs want talks on orphan assets

The Treasury select committee is calling on the Government to consult with the industry about including life insurance assets in its unclaimed assets scheme. The committee also wants the scheme to be made compulsory and to include assets held by National Savings & Investments.

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Mortgage lenders roll out 25-year fixed rate mortgages

Yorkshire Building Society has become the latest lender to launch a 25-year fixed rate mortgage.The lender will be launching two new 25-year fixed rate products with rates of 6.29 per cent and 6.49 per cent, available from August 15.This comes just after both Halifax and London & Country announced the launch of 25-year fixed rate […]

Crunch time

Over recent times, the financial news has been dominated by headlines concerning credit problems, specifically those associated with sub-prime lending.

Woodford fund tops white list

Neil Woodford’s Invesco Perpetual high-income fund tops Principal’s latest equity income fund manager survey.The fund heads Principal’s white list followed by Artemis income and F&C stewardship income. Woodford’s equity income fund came fourth and Principal praises the man-ager’s “stunning track record”.The report notes that both Woodford and Artemis income manager Adrian Frost have benefited from […]

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