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Nationwide offer lowest ever fixed rates

Nationwide Building Society has announced new rates for its fixed rates mortgages. A two year fix starts at 4.29 per cent, a 3 year fix at 4.69 per cent and a 5 year fixed rate is available from 4.84 per cent.

The new rates, which the building society says are the lowest fixed rates it has ever offered, were made available on September 13. They are available to both existing and new borrowers and have flexibility to underpay and overpay.


&#39Top five firms to take 70% of life and pensions&#39

The top five players in the life and pension market will increase their market share over the next five years to 70 per cent from the present 50 per cent, according to consultancy Oliver Wyman& Company.The top five providers are likely to change from the current composition because of accelerated consolidation in the marketplace, says […]

Davies says falling markets are no reason for compensation

FSA chairman Howard Davies has described regulation that compensates people for losses as a result of weak equity markets as madness in a speech given last night in the city.Speaking at the Lord Mayor&#39s City Banquet, Davies also attacked the EU for imposing a “one size fits all approach on European markets” which he said […]

Aegon axing up to 600 staff as it buys IFAs

Aegon UK is shedding around 600 of its staff in proportion to the number of IFAs it buys.It has already added 400 people following its deals for IFAs Momentum, Advisory & Brokerage Services and half of Wentworth Rose.Jobs will go at Aegon UK&#39s and Scottish Equitable&#39s headquarters in Edinburgh and Lytham St Annes for every […]

Moving the goalposts

I am a football player in the Premiership coming to the end of my playing career. I have inherited a lump sum and wish to use it sensibly. I want to buy a new property and ensure that my partner, Andrew, is looked after if something should happen to me. How should I go about […]


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