View more on these topics

NDF Administration – Extra Bonus Plan 3

Monday, 9 July 2001.

Type: Guaranteed growth bond.

Minimum-maximum investment: £10,000-£1m, Isas £5,000-£7,000, Pep transfers £5,000-£1m.

Term: 13 months.

Interest rate: 10 per cent at end of 13 month term or 0.73 per cent a month.

Return: 10 per cent over 13 months or 0.73 per cent a month.

Guarantee: Capital returned in full at end of term provided that FTSE 100 does not fall by more than 20 per cent over term.

Commission: Initial 2 per cent, renewal 1 per cent.

Tel: 01727 734315.



A&L speeds up online loan service

Alliance & Leicester is launching an online mortgage application service for users of Legal & General&#39s mortgage decisions system. The aim is to provide a decision in principle on applications within 60 seconds and a 24-hour application tracking service.

Yorkshire Guernsey – 3 Year Fixed Rate Bond

Thursday, 5 July 2001.Type: Offshore high interest account.Minimum investment: £5,000.Place of registration: Guernsey.Yield: 5.75 per cent gross.Charges: None.Commission: None.Tel: 01481 710150.

Life offices slam Opra on multi default funds

Life offices are claiming an oversight by Opra unwittingly hands somestakeholder prov-iders an “unfair advantage” and could open employers up tomisadvice liabilities. This week it is revealed that the regulator has allowed some providers tooffer more than one default fund on stakeholder schemes although manyproviders had believed they were only allowed to register one default […]

NDF bids for the maturing Tessas

NDF Administration is aiming for a big share of the£21bn maturing Tessa market with a Tessa-only Isa.Tessa Triple Plus 2 is managed by Credit Suisse First Boston and offers tax-free ret-urns of up to 20 per cent a year.Returns are linked to the FTSE 100 index but initial capital is 100 per cent protected as […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment