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Northern Rock offers combined bond product

Northern Rock is introducing a combined fixed rate bond and equity-linked tracker product.

Investors balance is split equally between a two year fixed rate bond paying 6.5 per cent gross per annum until 1 December 2003 and a five year equity tracker which offers a potential return linked to the performance of the FTSE 100 with no risk to capital. The minimum balance is £5,000.

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IFAs slam mixed messages on Pru contract charges

IFAs are criticising Prudential for giving out mixed messages about repricing its pensions book after UK chief executive Mark Wood said contract char-ges would come down. Pru told IFAs resolutely in October that it would not be repricing its contracts. But only days later, Wood announced it would reprice pensions within 1 per cent as […]

UCB Home Loans – FlexiPlus

Monday, November 19, 2001.Type: Discounted rate flexible mortgage.Discounted term: Two years.Discount: 1 per cent.Payable rate: 5.49 per cent.Minimum loan: £25,000.Maximum loan: Loans of up to 50 per cent of valuation subject to amaximum of £750,000, 51-70 per cent subject to a maximum of£500,000, 71-80 per cent subject to a maximum of £300,000, 81-85per cent subject […]

M&G to delay Isa ads

M&G is holding back on its winter advertising drive, predicting that the Isa season may not start until as late as March. Managing director of UK retail Phil Wagstaff says its major ad campaign will not start until the end of January. M&G believes the Isa season will not begin until March rather than the […]

L&G publishes mortgage club compliance toolkit

Legal & General is launching a toolkit to help brokers in its mortgage club comply with the requirements of the Mortgage Code Compliance Board. The first part of the toolkit concentrates on the regulator’s requirements for fitness and properness and the second part, due for publication in the coming weeks, covers training and competency. The […]

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Healthcare predictions for 2015 from Jelf Employee Benefits

The continuing fall-out from the Competition and Markets Authority’s (CMA’s) review, the rise of the private GP and digital engagement will be the primary focuses in the private healthcare industry during 2015, according to Iain Laws, managing director, healthcare and group risk, at Jelf Employee Benefits.

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