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Standard Life reveals mini and maxi ISA plans

Standard Life is to offer mini and maxi ISAs. Both cash and stocks and share components will be offered in Cat and non-Cat standard options. The cash ISA will be available through Standard Life Bank.

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Cheltenham & Gloucester plays down fears of recession

Cheltenham & Gloucester is using its latest mortgage survey to predict that there will be no recession in 1999.It says that the average amount a homebuyer spends on their mortgage is set to drop 26 per cent in 1999.Borrowers are set to reduce the amount of money they spend on a mortgage to £27.80 for […]

Birmingham Midshires pledges to better mutual rivals

Birmingham Midshires is guaranteeing that it will better the savings rates offered by the top five building societies.The society which has been bought by Halifax is to become the first high street lender to link the rates on its branch based savings accounts to its mutual rivals.It says the &#39Rate Pledge&#39 initiative is aimed at […]

Government sources say recommendations cost too much

Government and Treasury sources were yesterday briefing lobby journalists that the Royal Commission Long Term Care recommendations will cost too much to implement.Secretary of State for Health Frank Dobson called for a debate on the issue but no firm commitment for action was given.The Opposition accused the Government of dithering, although the Government insisted it […]

Brewin Dolphin hits at PIA over broker funds

Brewin Dolphin Asset Management is fighting the corner for broker funds.The stockbroker is hitting back after the PIA attacked broker funds for under performing.Divisional director Andrew Benson says: &#34It is unfortunate the PIA have tried to tar all broker funds with the same brush. All the broker pension funds run by Brewin Dolphin have outperformed […]

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