View more on these topics

Pru sets out processing times for Egg accounts

Egg has set up a web site to keep customers informed of processing delays for its savings account which is currently running at 28 days.


The website will be updated daily and there will also be a freephone number to keep customers informed.


Egg chief operating officer Paul Gratton says: &#34 We are absolutely delighted with the response we have had so far and would like to thank customers for their patience.&#34

Recommended

Alliance of convenience aids SOBS&#39 Midshires campaign

A group of Birmingham Midshires savers and borrowers are endorsing the Save Our Building Societies campaign because the Halifax offer is not generous enough.George Talkington, an account holder, is forming a group asking for &#34fair shares for all&#34 composed of people who do not oppose the takeover on principle but will support SOBS as a […]

PASS helps small IFAs on transfer cases

The Pension Advisers Support System review is launching a loss assessment service for small IFAs.The service will provide practical advice to IFAs which have difficulty in calculating the loss implications of transfer cases.It will address losses arising from opt-outs and non-joiners at a later date.PASS chief executive Mark Penton says: &#34The launch of the Loss […]

National Savings joins &#39Cool Britannia&#39 bandwagon in product redesign

National Savings is jumping on the &#39Cool Britannia&#39 bandwagon, hiring advertising agency BMP DDB to modernise the image of its traditional product range.The advertising account, which is worth £10m, is running in parallel with a product redesign being promoted by National Savings itself.

HSBC launches protected Pep

Net sales of unit trusts and Peps fell to £149.4m in September, down from £421.4m in August, according to figures from the Association of Unit Trusts and Investment Funds.The main cause was lack of buying by the institutions, which had net sales of minus £184.2m.Gross institutional sales of £957m were slightly down on last month, […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment