Skipton has cut the rate on its variable rate mortgage to 6.89 per cent.
This will bring the 3-year discount down to 3.89 per cent in the first year for loans up to 75 per cent LTV and 4.89 per cent for loans up to 95 per cent LTV.
Borrowers can repay up to 10 per cent of the initial loan each year without incurring any penalty.
Halifax is spending £1.8m on a television advertising campaign to promote its range of tax free savings products.The main aim of the campaign is to increase the profile of its Individual Savings Account range which will be available from April 6.The bank says the campaign has been designed to raise awareness among its customers of […]
Funds under management in Guernsey picked up in the last quarter of 1998 following falls in the second and third quarter.In the last quarter, the value of assets under management increased by just under £1bn, an increase of 6.6 per cent to reach £15.7bn.The total number of funds reached 393. Guernsey says that 33 other […]
Staffordshire Building Society saw gross mortgage advances in 1998 increase to £191.2m.Total assets increased to £1,287m while the balance on share accounts increased 6.6 per cent. The group's reserves increased by £6.47m to almost £100m.Chief Executive Keith Page says: "The concept that mutual businesses cannot thrive and prosper in today's challenging world is just not […]
Investor Intelligence has signed up Henderson Investors in its bid to attract high net worth investors through a new wealth management service.The marketing and sales service for IFAs is targeting clients with assets over £50,000.Investors in the deal will be offered specially negotiated fees and charges.Chairman Investor Intelligence Stuart Lewis says: "We are delighted Henderson […]
The world around us is changing at a faster pace than ever. Generations are changing and over the next five to 10 years the graduates who have grown up with Facebook and Twitter will start to lead corporate UK and expect modern technology as a matter of course.1
News and expert analysis straight to your inbox
Sign up
St James’ Place’s funds under management have passed the £85bn mark as the firm boasts “continued strong retention of client funds”. In a trading update this morning, the firm says funds under management have risen 14 per cent since the start of the year to reach £85.7bn, with net inflows of £6.7bn in 2017 to […]
The number of Sipp related complaints at the Financial Ombudsman Service has continued to rise. Between July and September, 767 Sipp enquiries were received, FOS data out today shows, compared with 678 for the previous three months. Sipp complaints are now more than 50 per cent higher than they were in early 2016. 193 made […]
Three fund selectors give their views on choosing passive funds, blending, and investor suitability
Comments