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Small firms unhappy with banks&#39 performance

Small firms are unhappy with the performance of banks according to a survey by the Forum of Private Business.

The research revealed a rise in complaints by small businesses as a result of bank mergers and their increasing reliance on computers over people.

The survey also found that despite a stable economy the performance of banks had fallen to 1996 levels.


SLL woo low risk investors with new bond

Scottish Legal Life has introduced the latest version of its guaranteed investment bond. The bond is aimed at cautious investors who want to invest their money for capital growth with as little risk as possible. The bond will invest entirely in the Britannic higher yield fund. The Britannic fund provides access to the stockmarket by […]

Aberdeen Asset Managers – Danae Investment Trust

Tuesday, 28th November 2000.Type: Split capital investment trust.Aim: Growth and income by investing in high yielding investment trusts, high yielding debt and equities.Minimum investment: Negotiable with stockbrokers. Isas – lump sum £1,000, monthly £50. Pep transfers lump sum £1,000Maximum investment: No maximum.Investment split: Investment trusts and debt 35 per cent, equities 65 per cent.Types of […]

George says pre-budget report did affect markets

Bank of England governor Eddie George claims Chancellor Gordon Brown’s Pre-budget report did not have any major impact on the outlook of the economy, according to the Evening Standard. George told the House of Commons Treasury Select Committee that the report’s fiscal impact was not really highly significant as it reversed a large part of […]

A term for the worse

One success the Government will be able to claim for its stakeholder initiative is that, well before the first stakeholder contribution is collected, it has succeeded in changing the shape of pension charges. There are probably a few remaining flat-Earthers out there who think you can still sell pensions with six different forms of charges […]

The death of retirement – a boost for protection?

According to our recent report on the death of retirement, changes in workplace pension provision mean that coming generations of retirees could have a radically different experience of retirement from their parents. The average contribution rate into an old-style final salary pension was around 20% of total wages, the statutory minimum for a new automatic […]


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