View more on these topics

Northern Rock launches three bonds

Northern Rock is launching three fixed rate bonds, paying 6 per cent for a minimum balance of £500.

The bonds are available for one, two or three year terms, with monthly or annual interest payment options available. Northern Rock account holders can make penalty-free transfers to the bonds.

Bond holders can withdraw funds during the fixed rate periods, although a charge of 60, 90 and 120 days&#39 loss of interest on the amount withdrawn will apply to the one, two and three year bonds respectively.

Northern Rock chief executive Adam Appegarth says: “Fixed rate bonds continue to prove attractive in an uncertain investment environment.

Recommended

PIA terminates registration of Leeds-based IFA

The PIA is terminating the individual registration of David John Watson, a former RI with Arthur Brown Insurance Brokers, of 1d Joseph&#39s Well, Hanover Walk, Leeds LS3 1AB. The PIA terminated his registration on the grounds that Watson is no longer fit and proper to conduct investment business.

Unum campaigning to improve employment prospects for disabled

Protection specialist Unum has embarked on a national campaign to improve workplace opportunities for disabled people. The action plan includes urging the industry, Government and voluntary sector to set challenging standards to improve employment prospects for the disabled over the next decade. Unum is specifically calling for the 17 per cent of newly disabled people […]

Trevor Mitchell

One of the things that gets my blood pressure up is the suggestion that, when an annuitant dies, the life office gets a windfall,” complains Prudential Annuities marketing manager Trevor Mitchell.He is railing against the ignorance of people who fail to understand the complexities of annuity products. It is a subject close to his heart, […]

Window to the web

Fax machines did not really take off as a method of business communication until the mid-1980s. When they did, within just a couple of years, the appearance of a fax number on a company&#39s letterhead changed from being exceptional to something expected of any efficient business.Today, it is equally important for businesses to show a […]

Pensions - thumbnail

Preparing for the changes to the pensions market

As more and more providers start to reveal their stance on the charge cap and removal of commission and active member discount pricing, we thought it would be worthwhile to look at what these are, and the steps businesses should be taking to prepare for this.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment