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Northern Rock – One-Year Bond

Tuesday, 17th October 2000.

Type: Instant access savings account.

Minimim-maximum investment: £1,000-£2m.

Interest rate: 7 per cent gross a year, 6.7 per cent gross a month.

Term: Until September 1, 2001.

Offer period: Until further notice.

Withdrawal penalties: Loss of 60 days&#39 interest during the term.

Tel: 0845 600 4466.


Vernon Building Society – Fixed Rate Savings Bond

Tuesday, 17th October 2000.Type: Fixed rate savings account.Minimum-maximum investment: £1,000-£100,000.Interest rates: £1,000-£25,000 – annual 6.4 per cent gross, £10,000-£25,000 -monthly 6.22 per cent gross, £25,001-£100,000 – annual 6.55 per cent gross, monthly 6.36 per cent gross.Term: Until June 30, 2001.Offer period: Until further notice.Withdrawal penalties: No withdrawals permitted during the term.Tel: 0161 429 4305.

AIB Govett Asset Managers – European Technology Fund

Friday, 13th October 2000.Type: Open-ended investment company.Aim: Growth by investing in European technology.Minimum investment: £500 lump sum, £25 a month.Investment split: Communications equipment 32 per cent, telecommunications 12 per cent, IT & consulting services 12 per cent, pharmaceuticals and biotechnology 11 per cent, media 11 per cent, capital goods 7 per cent, household durables 6 […]

Norwich & Peterborough – Three Year Fixed

Tuesday, 17th October 2000.Fixed term: Three years.Fixed rate: 5.99 per cent.Minimum loan: £1,000.Maximum loan: Up to 90 per cent of valuations subject to no maximum.Income multiples: 3.25 times principal income plus second or 2.6 times joint.Arrangement fee: £295.Redemption fee: Six months&#39 interest in first five years.Conditions: None.Introducer&#39s fee: Loans up to £75,000 – £125, loans […]

Seminars aim to explain latest GISC regulations

Insurance underwriter Berkeley Alexander is holding a series of seminars across the UK aimed at helping IFAs understand the General Insurance Standards Council&#39s regulations.The seminars, labelled New Horizon, are free for IFAs to attend and will address the implications of the new GISC rulebook for advisers.They will also look at what GISC means, whether it […]


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