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Nationwide launches ISA

Nationwide Building Society is launching a Tessa Maturity Isa in the new year.

The Catmarked Isa gives savers with matured Tessa funds the chance to re-invest their money in a tax-free account with instant access.

The new Isa offers an interest rate of 6.55 per cent per annum and is available to anyone with a matured Tessa.


Matrimonial rites

Over the last few weeks, we have been examining and detailing the workings of the newly introduced pension-sharing orders in divorce proceedings. A number of financial services commentators and journalists seem to assume that these sharing orders will become the only method of dividing the value of pension rights, totally ignoring the likelihood that the […]

IFAP painting a picture to help kids&#39 hospitals

IFA Promotion is running an art competition to raise funds for children&#39s hospitals around the UK. Patients at 14 children&#39s hospitals will take part in the IFAP Paintbox Appeal. The challenge is to paint a picture on the theme of: “If I had all the money in the world…” IFAs from 14 regions will be […]

CML chief warns of 75% slump in loan advisers

Up to three-quarters of intermediaries and half of all lenders could be forced out of the market if the FSA fails to regulate mortgage advice, warns the Council of Mortgage Lenders. CML director general Michael Coogan says if intermediaries are not authorised, then the responsibility for monitoring the disclosure of brokers will fall on the […]

Bupa International wins award

PMI provider Bupa International has been named Exporter of the Year – Major Corporate at the Export Times annual awards dinner. This is the sixth time in the last year the company has picked up in the last year. The judges praised Bupa Internationals professionalism and dynamism, saying it is a true British success story. […]


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