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Portman Building Society donates nearly £20,000 to charity

The Portman Building Society has raised nearly £20,000 for charity.

The sum comes from the donations for 1999 calendars, which feature scenic views of Portman&#39s operational area in the South of England.

Half of the sum raised £9,578 has been donated to the Royal National Institute for the Deaf, with the remainder distributed to 18 smaller charities.


Foreign & Colonial Pep and Isa Trusts announces six month results

Foreign & Colonial has announced a 19.9 per cent increase in net asset value for shares in its Foreign & Colonial Pep and Isa Investment Trust.The unaudited half yearly results to March 31, 1999, show the trusts net assets increasing by 18.8 per cent to £113.57m from £95.58m.The share price increased by 9.8 per cent […]

Wesleyan Assurance cuts bonus rates

Wesleyan Assurance has slashed its reversionary bonus rates on its unitised with-profit pension contracts from 6.75 per cent to 6 per cent.The move follows a volatile investment year which saw dividend yields on equities and yields on fixed interest stocks fall.Following industry wide trends the mutual assurer is expecting maturity values of longer term policies […]

Chelsea Building Society launches five year discount

Chelsea Building Society has launched a five-year discount rate mortgage.The discount is 1.1 per cent bringing the current payable rate down to 5.74 per cent for up to 90 per cent loan to value.The loan also includes £200 towards legal fees.There is a early redmeption fee of 3 per cent of the outstanding balance payable […]

Chambers Townsend launches stakeholder software

Software consultants Chambers Townsend has launched a new software system in anticipation of stakeholder.It says the system will give an appropriate platform from which industry players, third party suppliers and employers will be able to develop and deliver workable stakeholder solutions in advance of 2001.The system will be branded under the name e-stakeholder.


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