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Stroud & Swindon launches new savings account

Stroud & Swindon is launching a new savers account through it&#39s direct arm. Savers can receive a rate of 5.25% by investing in the new account. The current rates include a 0.25% introductory bonus.

The minimum initial deposit is £5,000 while the maximum is £500,000. Savers can arrange to withdraw funds direct to their bank account up to three times in any one calendar year. There are no charges for withdrawals, which must be above £1,000. Additional deposits in excess of £1,000 can be made at any time.

The Direct Premium Saver Account is available from 4 July. 


New Star is born

New Star is today launching two new funds, with a discount of 1 per cent off the 5.25 per cent initial charge for all investments received before July 20.The UK Growth Fund, run by Alan Miller, and the European Growth Fund under Richard Pease will also offer a 2.25 per cent discount to all Pep […]

Framlington NetNet fund manager quits

Framlington NetNet fund manager Chris Bell has quit the group to pursue a career in client relations with Tilney Investment Management. Bell was lead manager of the unit trust until May, since which Nick Evans has headed up the fund. The news comes as Framlington head of European equities Caspar Rock moves to Antony Milford’s […]

FSA sets up whistleblowing service

The FSA is setting up a whistleblowing service for employees to inform on employers who break the law. The service is intended for employees unwilling to confront their employers about criminal offences and failures to comply with legal obligations such as setting up stakeholder pension schemes. The FSA is setting up a whistleblowers telephone line […]

Don&#39t aim wide of the mark

Over the last few weeks, we have been looking at certain key aspects of trusts as commonly used with financial services products. So far, we have discussed the importance and, in some cases, the lack of importance of the roles of settlor and trustee, noting the powers and duties of each along with importance considerations […]

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Global benefits predictions for 2015 from Jelf International

According to Doug Rice, managing director of international services, in 2015, managing their international duty of care will become an increasing focus for UK-based overseas organisations in both managing their short- and longer-term challenges. As a result, strong independent advice and innovative technological solutions will become more important than ever in managing their global benefits.


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