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Scarborough Building Society – 90 Day Access Bond Issue 2

Monday, May 20, 2002

Type: High interest account

Minimum-maximum investment: £2,500-£500,000

Interest rates: 4.7% gross a year, 4.45% gross a month

Term: 12 months

Offer period: June 30, 2002

Withdrawal penalties: 90 days’ notice or 90

days’ loss of interest on amount withdrawn

Tel: 0845 4584458


Thomson buys pension specialist Read

Thomson Group has bought pension early release specialist Read IFA for an undisclosed sum. Buckinghamshire-based Read IFA has three RIs and will retain its name after the merger with Thomson, which is now owned by German financial adviser giant AWD Holdings AG.

Warnock and Weaver leave Bankhall

Two longstanding directors are leaving Bankhall following Skandia&#39s acquisition of the IFA services provider. IFAengine managing director David Warnock is leaving Bankhall Group to pursue his career in another area of information technology, while Bankhall group compliance director Martyn Weaver also leaves.Skandia managing director Nick Poyntz-Wright says: “Both were founder members of the Bankhall business […]

&#39Compulsion only answer to pension shambles&#39

The Liberal Democrats are calling on the Government to bite the bullet on compulsory pensions and stop telling the public lies about its failing pension policies.In a damning attack at the conference, LibDem work and pensions spokes-man Steve Webb said the Government was guilty of undermining pensions while at the same time paying lip service […]

Student years blamed for debt

Nearly two-thirds of 18-30-year-olds in debt blame their student years for their poor financial health, according to research carried out for Kensington Mortgages.The survey, conducted across the UK by research firm RSGB, asked 1,000 adults about the causes of their indebtedness. Sixty-three per cent of young people blamed their student years for debt, 12 per […]


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