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Standard Life Bank – Fixed Rate Bond (inserted 7/2/2000)

Type: Two-year fixed rate bond.

Minimum-maximum investment: £1,000-£1,000,000.

Interest rates: 7%.

Term: Until January 17, 2002.

Offer period: Until further notice.

Withdrawal penalties: No penalties permitted during term.

Tel: 0845 601 2340.


Norwich and Peterborough – Quantum Account (inserted 7/2/2000)

Type: Five-year step up high-interest account.Minimum-maximum investment: £5,000-£25,000(single)/£50,000(joint)Interest rates: 5.5% until January 31, 2001, 6% until January 31, 2002, 6.5% until January 31, 2003, 7% until January 31, 2004, 8.5% until January 31, 2005.Term: Until January 31, 2005.Offer period: Until further notice.Withdrawal penalties: Subject to 50 days&#39 notice, otherwise 50 days&#39 interest is applied.Tel: 0800 […]

Julian Gibbs

Scottish Life International is issuing a fourth tranche of its popular income and growth bonus fund and the terms are good. It pays 11.2 per cent gross annual income or 2.7 per cent gross quarterly income and offers growth investors 35.6 per cent gross over a three-year period. The bond is linked to the FTSE […]

Pru axes endowments

Prudential is joining the ranks of life offices withdrawing endowment mortgages.The provider has around 300,000 endowment policyholders, but a recent drop in demand has forced it to join Nationwide, Halifax and Barclays and others in deserting the market.But Pru-owned Scottish Amicable will continue to sell endowments despite widespread reporting of potential return shortfalls.

LSE to end 200 years of mutuality

The London Stock Exchange is a step closer to ending nearly 200 years of mutuality.LSE has called a meeting for March 15 when shareholders with voting rights will be asked to approve demutualisation proposals.The plans need to win 75 per cent of the vote to allow dealing in LSE shares to start in May.City estimates […]


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