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Royal & SunAlliance announces range of cuts in with-profits products

Royal & Sun Alliance has announced a cut in its bonus rates across its range of products in 1999.

Bonus rates on unitised with-profits pensions have been cut to 6.5 per cent from 8 per cent.

The annual bonus on conventional with-profits life products falls to 1.75 per cent from 2.75 per cent and on the sum assured to 4.25 per cent from 5.75 per cent.

The with-profits bond annual rate falls to 5.5 per cent from 6.5 per cent.


C&G reveals cash ISA details two months early

Cheltenham & Gloucester has revealed plans for its cash ISA two months before launch date.C&G says that it wants potential clients to be aware of how the account will work from day one.Opening arrangements can be made from February 1 and funds will be transferred automatically from either a customer&#39s C&G account or credited by […]

Policy Plus appoints former SEC employee

Policy Plus International has appointed a former SEC employee as its Business development manager.Neil Wood traded Teps on the international market for SECPolicy Plus sales and marketing director David Carrington says: &#34We are delighted Neil has joined us. With his knowledge and contacts he will be a valuable member of the team. His appointment underlines […]

Money Marketing and IFA UK conference season kicks off

Money Marketing and IFA UK kick-off their 1999 programme of exhibitions which aim to help IFAs develop their businesses this month. The first of this year&#39s conferences is being held at the Stakis Metropole hotel in Brighton on February 11.The events consist of an exhibition of product and service providers. They also include a comprehensive […]

Barclays offers free gazumping protection

Barclays is offering free home protection plans to mortgage applicants in case they are gazumped in the process of buying a house.Home Buyer&#39s Cost Protection covers customers if a purchase falls through because the seller accepts another offer or the customer withdraws because the valuation is more than 5 per cent lower than the purchase […]


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