SHIP sets up home reversion regulation working party

Workers in small companies would be almost £3bn better off if the Government reintroduced the opt-out rule on workplace pensions, according to Virgin Money.It found that up to 2.4 million employees could be missing out on pension contributions because they have not chosen to join a company scheme.In response to the Pensions Green Paper, Virgin […]

Cheshire Building Society is offering its members of two year’s standing a loyalty bond at a variable rate of 3.95 per cent.The mutual is offering the loyalty bond to members with between £1,000 and £25,000 to save and guaranteeing the rate will not fall below Bank of England base rates.

Credit Suisse Asset Management says the market&#39s view that manyhigh-yield bonds will be imminently re-rated is wrong but saysobsession with safety is likely to persist.Kevin Adams, manager of CSAM&#39s corporate bond monthly income fund,says that, despite widespread views to the contrary, the market&#39sfixation with safety will continue as economic fundamentals in the UKshow no sign […]

Scottish Life International is claiming victory in its challenge toVirgin and SG Asset Management over whose fund would perform bestover five years.In 1998, SLI bet that its protected deposit bonus 95 fund wouldoutperform Vir-gin&#39s UK index-tracking fund and SGAM&#39s newly launchedUK growth fund, with the losing companies donating £6,000 to acharity of the winner&#39s choice.Despite […]