View more on these topics

Saga launches its own cash Isa

Over-50s services provider Saga is launching three cash Isas offering customers fixed or variable rates of interest.


Saga is issuing the products to coincide with research that shows 57 per cent of consumers want the Government to increase the investment limits for Individual Savings Accounts.


The research also shows that one in three would like just one type of Isa.


The variable Cat standard mini Cash Isa and the Saga Tessa Maturity Isa offer 6.25 per cent on £3,000 fixed until 15 November.


The third product is Saga&#39s Fixed Rate Mini Cash Isa which will maintain the 6.25 per cent rate until 22 October 2001.

Recommended

Met probes commercial endowments

The FSA is helping the Metropolitan Police with an investigation intocommercial end- owment mortgage misselling.The regulator has confirmed for the first time it is co-operating with theMet&#39s fraud squad which is investigating allegations of investment productmisselling of endowments on commercial financing deals.Both say the investigation is into specific allegations and is not part ofa widespread […]

Davies welcomes Aifa

FSA chairman Howard Davies has welcomed the creation of the Association of Independent Financial Advisers.Speaking at Aifa&#39s inaugural conference in London last week, Davies said: “We look forward to close interaction with the new Association and its leaders. We welcome the prospect of receiving a more co-ordinated, and perhaps better researched set of responses from […]

Lib Dem hits out at Murray Financial

Liberal Democrat financial spokesman Dr Vincent Cable has hit out at the carpetbagging plans of Murray Financial.The acquisitions group has just made a hostile bid for Staffordshire-based Leek Building Society.Cable says: “At a time when there is all party support of the Treasury Select Committee to resist further demutualisation and strengthen the building society sector […]

NU revises long term care plan

Norwich Union has launched a revised version of its long-term care plan after negotiating a tax saving with the Inland Revenue. The deal, originally revealed by MM in February, means that income from the &#34immediate care plan&#34 annuity is paid direct to the care home instead of the policy holder with a resulting tax saving […]

Pension savings-2015

Pension tax relief: parked (for the moment)

The national news agenda has been dominated by pension issues this month. For those that missed it (and there cannot have been many given that this was the lead story in spoken and written media), the Chancellor announced a decision to make no decision on pension tax relief in his 16 March 2016 Budget speech. To […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment