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New fixed rate bond from Chelsea

Chelsea Building Society is launching a new fixed rate bond offering a gross annual return of 4.5 per cent.

The Chelsea Fixed Rate Bond 2003 opens on November 8 and will offer the fixed rate until June 2, 2003. The minimum investment is £1,000.

The bond also offers a monthly income option, with a slightly lower interest rate of 4.41 per cent.


IFAs just what the doctor ordered

IFAs are as essential as a doctor or a nurse, claims leading protection provider Swiss Life in its latest ad campaign.It says independent advice is critical to the provision of protection insurance in its Hero campaign promoting critical-illness cover.The market-leading provider of group critical-illness cover is targeting 160,000 human resources and employer decision-makers through the […]

Torquil Clark produces guide to pension charges

Torquil Clark has produced an investors guide to pension charges covering the main types of charges used by pension companies and guidance on how to get the most out of your pension plan. The IFA says over the last 15 years, the difference between the best and the worst fund performance including charges was a […]

UCB Home Loans raises remortgage limit

UCB Home Loans has increased its limits on capital raised through remortgaging to a maximum of £70,000 from £50,000 additional borrowing over the amount of the existing mortgage. The overall maximum amount under the new limits, which took effect from November 1, is 85 per cent of the value of the home. The specialist lender […]

Fury at FSA &#39wish&#39 to be IFA

FSA plans to go head to head with IFAs by launching an online service providing specific financial advice have been slammed by the industry as a dangerous step.The website, which is on an FSA “wishlist”, would see the regulator offering financial advice on a range of products.It is thought that the service would aim to […]


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