Nationwide is offering its members of three years or more the chance to invest in two savings bonds.
The Members' Fixed Rate Bond is a one year fixed-rate bond paying 7.35 per cent gross.
The Members' Reward Bond is a three year variable rate bond currently paying 7.75 per cent gross.
The building society says the minimum investment for both bonds is £1 and qualifying members should apply at their local branch.
Demand for life insurance and pension policies is continuing to rise according to the Association of British Insurers.Its third quarter figures sales of new life policies, individual pensions and collective investment schemes rose by 8 per cent to £7.5bn.Single premiums rose by 16 per cent to £4.3bn and new annual premiums rose 8 per cent […]
Lazard Asset Management is celebrating being awarded Best Global Fixed Income Fund at the OFFEX 1998 Awards for Excellence.The Global International Bond Fund won the offshore sector category. It has returned 48.2 per cent since its launch in April 1994 and is rated AAA by Standard & Poor's.Director Rupert Tyer says: "We are delighted that […]
The rally in cyclical ‘value’ stocks paused for breath in February, as investors took a more cautious tone and switched their attention back to defensive areas. In this article, Jacob de Tusch-Lec, manager of the Artemis Global Income Fund, explains how he has positioned the portfolio, given the many economic, geopolitical and policy risks that […]
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