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Safeway – 3 Year Stepped Rate Bond

Thursday, 7 March 2002

Type: High interest account

Minimum-maximum investment: £1,000-£2m

Interest rates: Year one 4% gross a year, year two 5% gross a year, year three 6.5% gross a year

Term: Three years

Offer period: Until further notice

Withdrawal penalties: 180 days&#39 loss of interest on amount withdrawn

Tel: 0800 995995


Merrill Lynch Investment Managers – European Dynamic Fund

Thursday, March 7, 2002 Type: Unit trust Aim: Growth by investing in quote continental European securitiesexcluding the UK Minimum investment: Lump sum £1,000, monthly £50 Investment split: France 23%, Germany 17%, UK 17%, Eire 12%,Sweden 9%, cash 7%, Spain 5%, Denmark 4%, others 3%,Switzerland 2%, Netherlands 1% Isa link: Yes Pep transfers: Yes Charges: Initial […]

Moore&#39s code

FRS17 sounds like one of those rather sinister abbreviations scientists are fond of using when they talk about nasty new strains of bacteria.In fact it is a new accounting standard which forces companies to declare shortfalls in final-salary pension schemes on their balance sheets. But the effect it is having on those schemes is rather […]

Smokers missing out on annuities

Fewer than 10 per cent of smokers who would qualify for a special rate annuity are actually taking them out, according to The Annuity Bureau.It says in 2001 only 3,500 to 4,000 smokers bought smokers’ enhanced annuities from a potential 40,000 individuals who would qualify. Smokers can receive uplifts of more than 16 per cent […]


Would Skandia&#39s decision to pay 5 per cent initial commission on online fund sales for the rest of the Isa season increase the likelihood of you using the life office for your clients investments?“No. We do not judge investments on the basis of commission paid. We look at a whole range of other things like […]


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