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R&SA extends sponsorship of Royal Yachting Association for £25,000

Royal & SunAlliance is extending its sponsorship of the Royal Yachting Association in a one-year deal worth £25,000.


The life office which has been sponsoring the RYA for 18 months is fronting the cash to fund the RYA&#39s National Youth Speed Challenge.


Details of the challenge which is also being backed by the United Kingdom Sailing Academy and the Government&#39s sports aid scheme will be launched at Alexandra Palace in London in March.


The life office will have its company logo and colours on the 8 catamarans that will be used in the challenge which will take place in November.

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Cheltenham & Gloucester plays down fears of recession

Cheltenham & Gloucester is using its latest mortgage survey to predict that there will be no recession in 1999.It says that the average amount a homebuyer spends on their mortgage is set to drop 26 per cent in 1999.Borrowers are set to reduce the amount of money they spend on a mortgage to £27.80 for […]

Cheltenham & Gloucester plays down fears of recession

Cheltenham & Gloucester is using its latest mortgage survey to predict that there will be no recession in 1999.It says that the average amount a homebuyer spends on their mortgage is set to drop 26 per cent in 1999.Borrowers are set to reduce the amount of money they spend on a mortgage to £27.80 for […]

BGI launches third Tep fund

Barclays Global Investors is launching the BGI Endowment Fund III which will trade in with-profit endowment assurance policies.The fund manager says 7.199,000 shares will be the subject of placing and the balance of 22,801,000 is being offered for subscription by the public.The projected gross annual returns are 11.1 per cent. The fund will pay out […]

Canada Life cuts premiums for term assurance products

Canada Life has cut its term rates by up to 21 per cent with effect from next March.The larger rate cuts are focused on the larger terms assured.A female smoker aged 40 will now pay 17.3 per cent less at £58.50 per month for a term of 25 years.A non-smoking smoking male aged 45 next […]

India Election Update

What a difference six months makes. Speaking in September last year, we had warned of ‘excessive pessimism’ afflicting the market’s perception of India. Since then, responsible central bank policy from the Reserve Bank of India (RBI), alongside improving global growth, has meant that India’s macro environment is strengthening quickly. The current account deficit has shrunk, inflation is falling and the government has embarked on a heavy dose of much needed fiscal consolidation. As a result, the rupee has been one of the strongest global currencies this year while the market has touched all-time highs, rallying by more than 20 per cent (GBP) since September. This begs the question: are we now in a period of ‘irrational exuberance’? Not yet.

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