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New fixed loans from Chelsea Building Society

Chelsea Building Society has announced the launch of two fixed rate mortgages available from August 31.

The first will be capped at 2.99 per cent for two years and the other fixed at 4.69 per cent for three years. Both will revert to the Society&#39s standard variable rate following the fixed periods. The SVR is currently 5.69 per cent.

CBS public relations and corporate affairs controller Matthew Cape says: “These products further demonstrate the Chelsea&#39s commitment to offering a diverse range of very attractive mortgage products providing customer choice.”


Fidelity is leading fund sales league by nearly £100,000

Fidelity&#39s total net retail sales outstripped its nearest competitor by almost £100m in the second quarter of the year, according to a confidential report only available to fund managers. The Fund Sales Report, seen by Money Marketing, shows that Fidelity&#39s sales hit £426m in the second quarter while nearest rival HSBC – which recently lost […]

Big winners and losers in the private-client investment market

Some of the biggest private-client investment managers lost more than a quarter of their assets under management last year as market volatility hit investor confidence. According to the PAM dir-ectory of UK private asset managers, companies including Lazard, Baring and Cazenove haemorrhaged huge chunks of their assets under management as instability prompted mass desertions from […]

Field of dreams

After the industry, with a few notable exceptions, initially welcomed the Sandler and Pickering reports with the warning that the devil&#39s in the detail, the wheels of financial services reform seem to have stopped turning, with everyone awaiting the Government&#39s Green Paper on pensions, due in the autumn. However, as we all rushed off on […]

Yorkshire fixes 10-year flexi at 5.44%

Yorkshire Building Society is offering what it claims is the cheapest 10-year flexible fixed-rate mortgage with a rate of 5.44 per cent. The loan allows unlimited overpayments without penalty charges, payment holidays and underpayments. Interest is calculated on a daily basis. Maximum loan to value is 95 per cent. The average procuration fee available through […]

Benefits - thumbnail

Global benefits predictions for 2015 from Jelf International

According to Doug Rice, managing director of international services, in 2015, managing their international duty of care will become an increasing focus for UK-based overseas organisations in both managing their short- and longer-term challenges. As a result, strong independent advice and innovative technological solutions will become more important than ever in managing their global benefits.


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