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Northern Rock – Balance – Fourth Edition

Monday, December 3, 2001.

Type: High interest account and with-profits bond.


Minimum-maximum investment: £5,000-£500,000.

Interest rate: 7 per cent gross a year.

Term: Until November 1, 2002.

Offer period: Until further notice.

Withdrawal penalties: None.


Aim: Growth and income by investing in Legal & General&#39s

with-profits fund.

Minimum investment: £5,000.

Bonus rates: Growth option 6 per cent, income option 5.75 per


Allocation rates: 100 per cent.

Charges: Implicit.

Commission: None.

Tel: 0800 1695490.


Product matters

Platform Home Loans&#39 light-averse offering has all the features one would expect in such a mortgage but is probably most suited to discharged bankrupts or borrowers who have been subject to an individual voluntary agreement, since they will least likely be able to obtain a mortgage from a mainstream lender.Many lenders are more willing to […]

Old pension tax rules still apply says accountant

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Outside edge

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F&C predicting US-led surge in equities next year

The USA will drive global economic recovery in equity markets with a rebound in 2002, according to Foreign & Colonial&#39s chief investment officer. F&C Management group chief investment officer Dr Arnab Banerji is predicting a quick recovery in the middle of next year, and that cash will out-perform government bonds in 2002.Banerji says: “The United […]


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