Skipton Building Society is giving its long-term members up to £1,000 in loyalty bonuses in a drive to show its commitment to mutuality.
Mortgage and investment accounts holders who have been with the bank since September 30, 1996 will each receive an interest credit to a maximum of £500.
Nearly 300,000 members including qualifying children will benefit from the move which comes at the time of the high-profile demutualisation of Bradford & Bingley.
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Post Office set for sales of pensions and Isas
The Post Office is considering selling stakeholder and Isas as the nextstep in its proposals to create a “universal bank” through its branchnetwork.The PO says the move would be the logical next step for the bank which isbeing created by the Government as a replacement for the withdrawal ofhigh- street banks from rural communities.The bank […]
Standard Bank aims for small companies
Standard Life Bank is usingIFAs to target small business accounts afterclaiming firms are losing more than £1bn a year because of poorinterest rates.The bank is offering a 10-day notice phone business savings account afterits research found poor deposit account rates were the main cause of lossin savings for businesses.The research showed the average business savings […]
The incredible bulk will change the pension world
The introduction of the stakeholder pension is currently the key focus formany but it is important to understand that it is also just one aspectofthe paradigm shift that the financial services industry is experiencing.A review of the issues raised by the arrival of stakeholder and thepotential solutions to these provide a useful indication about how […]
Inter-Alliance pens deals to allow further growth
National IFA Inter-Alliance has teamed up with online credit card company Marbles and Sharepages.com to extend its e-business activities. Already linked with Freeserve and FTyourmoney.com, the Inter-Alliance-Marbles partnership, launched last week, will give users access to the Inter-Alliance Isa Centre and fund supermarket. Its coupling with online investors resources site, Sharepages.com, will lead to a […]
Thinking of expanding overseas?
Whether you’re a small company or an established larger employer, expanding overseas into emerging markets can be an extremely attractive prospect for growing your business. However, with this comes a duty-of-care requirement to any staff based overseas.
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Almary Green eyes merger with Norwich IFA
Almary Green, the advice firm led by industry veteran Carl Lamb, is in sale talks with Smith and Pinching Financial Services, Money Marketing understands. One source tells Money Marketing Almary Green staff have visited the Smith and Pinching offices, and that there have been discussions around a merged firm being floated on AIM. The Norwich-based […]
Lions, bees, bulls and bears: The Wells Street Journal
A weekly account of the curious goings-on in the world of financial services Locked out While WSJ correspondents were kept very busy at Money Marketing Interactive in Harrogate last week, there was still plenty of time spent in the bar with industry friends. So came about the story of Aegon director of new business, Martin […]
FCA eyes 40 firms in adviser recruitment and training probe
The FCA is analysing information from 40 firms about their adviser recruitment processes and what quality checks are in place on the advice they give. Earlier this year, Money Marketing revealed that the FCA sent letters to a sample of firms asking about training, competence and hiring records for staff. A Freedom of Information Act request […]