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Save & Invest throws weight behind GE Life high income and growth plan

IFA Save & Invest is throwing its weight behind the latest GE Life high income and growth plan due to be launched later this month. S&I claims the plan is one of the most attractive income products in the current low interest rate environment. It offers a choice of 10.25 per cent gross per annum or a growth option of 33 per cent over three years. Capital return is linked to the Dow Jones Eurostoxx 50 Index.

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AITC calls for improved personal finance education

The AITC is calling on the Government to build more personal finance education into the national curriculum.In its response to the Treasury’s Savings & Assets for all paper, the trade body said it endorsed the Government’s idea for Child Trust Funds, and recommended they were used create an informed savings culture in the UK.The AITC […]

L&G offers 5.75 per cent on new account

Legal & General has launched a new fixed rate savings account with an interest rate of 5.75 per cent gross.The Term Savings Account – Issue 8 opens for investments this month and the rate will be fixed for one year after the account is set-up.Accounts can be opened with a minimum deposit of £2,500 and […]

BoS to sell stake in Australian bank

The Bank of Scotland plans to sell its stake in the Bank of Western Australia following its soon to be completed merger with Halifax.Australia&#39s fifth largest bank, St. George, began preliminary talks in June with BoS to buy its 55.8 per cent share of the bank for £900m. Preliminary discussions began in June.BoS originally tried […]

Manchester Building Society – 4 Year Discount 1.4 Per Cent

Thursday, 16 August 2001.Discounted term: Four years.Discount: 1.4 per cent. Payable rate: 5.6 per cent. Minimum loan: £30,000.Maximum loan: Up to 80 per cent of valuation subject to a maximum of £500,000.Income multiples: 3.25 times principal income plus second or 2.75 times joint.Arrangement fee: None.Redemption fee: Three months&#39 interest in first five years.Conditions: Free valuation […]

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The politics of healthcare

Healthcare is already one of the key battlefields in May’s general election, with each of the main parties committing to deliver improvements to the NHS and public health.

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