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Nationwide renews challenge to rivals

Nationwide has renewed its challenge to rival lenders to stop ripping off existing borrowers to subsidise cheap deals for new customers. The society, dismissing claims it has U-turned on the pricing policy it introduced in March, claims its competitors are still relying on the inertia of existing borrowers to finance "uneconomic" deals for newcomers.

Nationwide also claims it is performing better than expected on new and remortgage business since its move to drop discount rate mortgages from its product range. The society has come under fire from IFAs for its strategy, who say its loans are uncompetitive.

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Global Asset Managment – GAM Star American Focus

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NUHC reaches three quarter of a million customers

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Scottish Equitable offers a safe haven in corporate bonds

Scottish Equitable’s investment range is expanding with the introduction of the extra income fund.With the stockmarkets looking increasingly volatile, Scottish Equitable has aimed this unit-linked fund at cautious investors who are looking for an investment that offers a safer haven in stormy economic weather and which also provides income.Extra income will invest entirely in investment-grade […]

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