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 […]
Merrill Lynch is predicting that the number of UK investors with financial assets exceeding £50,000 will increase 25 per cent by 2005.IFAs are welcoming the results of the research and hope it will prove a catalyst in developing financial products that are easier for the consumer to understand.The investment bank is predicting that by 2005 […]
Colonial is to make its serious illness healthcare plan available on The Exchange's electronic service.The life office says that IFAs will now be able to choose between its own service centre and electronic access via The Exchange.Head of IFA sales Fitzroy Burton says: "Putting the Serious Illness Plan on the Exchange is in response to […]
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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“There is nothing permanent except change”, so said the “weeping philosopher” Heraclitus circa 500 BC. Few would argue change was not needed in the retirement income market; it is just no one expected it to be so inorganic and non-negotiable. The impact of the pension freedoms Budget bombshell in 2014 was immediate and significant. Revisiting […]
True Potential has grown assets in its discretionary portfolios by £2.1bn in 2017. In its annual results, published today, the platform says it has attracted £3.8bn assets in its in-house funds in 2017, up from £1.7bn in the previous year. Assets into the funds were at £0.7bn in 2015. Since launch in October 2015, True […]
Fund managers are cutting back on research spending from banks and brokerages following the launch of Mifid II in January. According to the Financial Times, European asset manager Candriam has reduced the number of brokers it uses from 100 to 70 since the beginning of the year. Candriam chief executive Naïm Abou-Jaoudé the firm has […]
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