View more on these topics

Rechabite Friendly Society launches savings plan for teetotallers

The Rechabite Friendly Society is launching a five year single premium savings plan aimed at teetotallers.

The plan guarantees to pay non-drinkers a guaranteed bonus of 7 per cent in the first year, for a minimum investment of £1,000.

The traditional with-profits savings plan is available to December 31, to individuals who abstain from alcohol.

Rechabite chief executive William Turnbull says: &#34The new five year savings plan is one of the most attractive currently on the market and our other savings products mean we can offer a range of products to suit our members. This is another example of how a an alcohol free lifestyle can pay dividends.&#34


Pension misselling will never happen again vows Brown

Chancellor Gordon Brown has vowed to never let pensions misselling happen again in his keynote speech at the Labour Party Conference. Brown lambasted the Tories for letting people be &#34ripped off&#34 in the first place and issued a stark warning to the pensions industry that the Government would clamp down hard on any future misdeeds.Brown&#39s […]

August investment fund sales up over year but down on July

Gross investment fund sales for August 1999 were up 25 per cent over the same period last year according to the latest figures from the Association of Unit Trusts and Investment Funds.It latest figures reveal gross sales of £2.9bn compared to £2.3bn the previous year. But these were down 20 per cent compared to the […]

Many employers are still failing to meet pension deadlines says regulator

Many employers are still failing to pay pension contributions on time according latest figures from occupational pensions watchdog Opra.The regulator says that almost two thirds of the cases it has dealt with over the summer involved employers failing to hand over contributions deducted from employees pay.Despite these failures which have led to some employers being […]

Sun Bank launches fixed rate bond

Sunbank is launching a three year fixed interest savings account which pays 7.05 per cent gross interest.The banking arm of Sun Life of Canada says it is aiming to attract savers who are looking to obtain capital growth on their surplus funds with very little risk.The minimum opening balance is £1,000 and the maximum is […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and thought leadership.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm