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Norwich and Peterborough – Quantum Account (inserted 7/2/2000)

Type: Five-year step up high-interest account.

Minimum-maximum investment: £5,000-£25,000(single)/£50,000(joint)

Interest rates: 5.5% until January 31, 2001, 6% until January 31, 2002, 6.5% until January 31, 2003, 7% until January 31, 2004, 8.5% until January 31, 2005.

Term: Until January 31, 2005.

Offer period: Until further notice.

Withdrawal penalties: Subject to 50 days&#39 notice, otherwise 50 days&#39 interest is applied.

Tel: 0800 883322.


House price rise fuels rates speculation

The average UK house price rose by 2.4 per cent in January giving an annual rate rise of 16 per cent, according to Halifax, further fuelling speculation on an interest rate hike.When compared with January 1999 figures the increase gives a projected annual house price inflation rate of 16 per cent.The surge takes the average […]

Equitable deemed “unstable”

Equitable Life has taken a further blow after ratings agency Moody&#39s downgraded its financial strength and debt outlook from stable to negative.The news follows last month&#39s Court of Appeal ruling that Equitable had acted unlawfully in reducing bonuses for 90,000 policyholders with guaranteed annuity rates.The next step in the proceedings will take the case before […]

Julian Gibbs

Scottish Life International is issuing a fourth tranche of its popular income and growth bonus fund and the terms are good. It pays 11.2 per cent gross annual income or 2.7 per cent gross quarterly income and offers growth investors 35.6 per cent gross over a three-year period. The bond is linked to the FTSE […]

Zifa “endorses greater professionalism”

Zurich IFA Group is giving members of its mortgage network free Certificate in Mortgage Advice and Practice training in a move to “endorse professionalism in the industry”.ZIFA is running a national programme of 60 one-day revision courses featuring practical CeMAP revision over the next few months.CeMAP revision delegate Lee Warman of ABG Financial Services says: […]

Health - thumbnail

Fit for Work: guidance for employers published

On Friday, the Department for Work and Pensions published its guidance for employers on using the new Fit for Work (FfW) service to help ill employees return to the workplace. It also includes more details on the tax exemption for medical interventions that commenced on 1 January 2015.


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