View more on these topics

PIA fines one more firm

The Personal Investment Authority is fining South Cheshire Investment services £1,000.


Disciplinary action is being taken because the firm has failed to meet the December 1997 deadline to complete 90 per cent of its most urgent cases as part of the review of personal pensions.

Recommended

Virgin launches personal finance website

Virgin Net is spending more than £50m on an internet site that will recommend financial products to users when they are buying condoms.The online service provider is spending the money to revitalise its online retail services which will include the launch of a personal finance channel in March.The service will be free to its 150,000 […]

Sun Bank offers guaranteed interest rate for pre-ISA customers

Sun Bank is offering customers a guaranteed interest-rate to customers who invest £3,000 in its pre-ISA account.The bank is offering savers who take out a pre-Isa, dubbed the ISA with a plus, a guaranteed fixed interest rate of 7.75 per cent when they switch in April.Investors who do not wish to transfer to a Sun […]

AITC predicting boom for fund managers

Government plans for a life-long individual savings account could herald a boom for UK fund managers, according to the Association Investment Trust Companies.The AITC believes that the new schemes, dubbed the Lisa, could boost UK funds in the same way as US 401k plans, which have a similar design, boosted US mutual funds.AITC technical director […]

Pre-budget rumours continue

As we have noted with talk of a 10p tax rate comes talk of the end of mortgage interest relief. With this possibility comes scope to open up a very interesting debate with company directors and partners who have credit balance loan accounts or capital accounts i.e. their business owes them money!If this position exists […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment