Gross investment in National Savings’ products increased £931m in June 2000. Savings have now reached £2.6bn this year in its range of income bonds. The Government body says it has attracted £62.7bn in investment in total.
View more on these topicsNews
DBS holds back on stakeholder guide
Network DBS is refusing to construct pre-stakeholder best-buy guides for its members because it claims it does not have enough details about stakeholder.DBS's strategy is in sharp contrast to rival Misys which recently set up a pre-stakeholder panel of six so it can hit the ground running when stakeholder is introduced.DBS says the only certainties […]
Pension details must be simpler
As practising IFAs, we have become increasingly concerned with this Government's continuous changes and additions to pension legislation.Since 1997, we have seen the abolition of ACT relief and the replacement of Serps which has increased the cost of retirement funding. We now have the introduction of stakeholder pensions, concurrency and the new investment instrument, the […]
Downing Corporate Finance i-Net VCT – 27th July 2000
Aim: Growth and income by investing in technology stocks.Minimum investment: £5,000.Closing date: September 12, 2000.Charges: Initial 5 per cent, annual 1.5 per cent.Commission: Initial 2.5 per cent.Tel: 020 7411 4700.
R&SA to review £1bn in orphan assets
Royal & Sun Alliance is the latest life office to set up a review into distributing its orphan assets.R&SA says it has about £1bn in orphan assets and has around 450,000 with-profits policyholders who could be eligible for handouts.But the company claims it is likely to be a “long and complicated process”.It says the surplus […]
Graphic content – October; Italy and the global economic downturn
By Kacper Brzezniak As the International Monetary Fund (IMF) downgrades the global growth outlook YET again (which is becoming a recurring theme, as we discussed here a year ago), we turn our eyes to Italy’s current economic disaster. Italy has recorded exceptionally weak growth in recent years but, in order to get a better understanding […]
Newsletter
News and expert analysis straight to your inbox
Sign up
Simplybiz adds new partner for DB transfers
Simplybiz says adding another partner will gives its members more choice and spread the workload among providers
Trump hits optimism over US equities, Lloyds study finds
Investors are shunning US equities as turmoil within President Trump’s administration continues, with sentiment towards the asset class dropping from 0.85 per cent to -2.54 per cent in the month to August. US equities fared almost as badly year on year, with the second biggest drop in sentiment of 13.06 percentage points, the Lloyds Private […]
2
Building society to offer free financial planning to members
Nottingham Building Society is offering free financial advice to members as part of an extension of its reward scheme. The building society is promoting the free, face-to-face financial planning as part of a member reward scheme that will also to deliver cash back payments to select members and other benefits to more than 100,000 of […]