View more on these topics

Yorkshire savers help hundreds of charities

Yorkshire Building Society claims its Small Change, Big Difference scheme has attracted over 200,000 members and raised over £100,000 since its launch two years ago.

Savers volunteer to donate small amounts of interest they accrue on their accounts to the society&#39s charitable foundation, which distributes funds to local charities.

Over £75,000 was donated to charities as a result of two community days, when members of the public were invited to go into any branch of the society and nominate good causes.

As a result of the first day, over 300 organisations received a donation and it is expected that the second day will achieve an even greater number once all the donations are processed.

Overall, in 2001, the charitable foundation donated almost £400,000 to over 500 charities.

Charitable foundation trustee Linda Will says: “The Small Change, Big Difference scheme is a great way of boosting our donation to local charities.

“The most that anybody will donate from a Yorkshire account is 99p per year but, as you can see, when you multiply those pennies by each member it really does add up to a sizeable sum.”


Abbey National Offshore – Offshore Base Rate Tracker 180

Monday, 16 August, 2002 Type: Offshore high interest account Minimum-maximum investment: £50,000-£5m Place of registration: Jersey Interest rates: UK base rate plus 0.4% gross a year, 0.3% gross a quarter until February 28, 2003, thereafter UK base rate plus 0.2% gross a year, 0.1% gross a quarter Term: Until further notice Offer period: Until further […]

&#39Top five firms to take 70% of life and pensions&#39

The top five players in the life and pension market will increase their market share over the next five years to 70 per cent from the present 50 per cent, according to consultancy Oliver Wyman& Company.The top five providers are likely to change from the current composition because of accelerated consolidation in the marketplace, says […]

Garage is top to add house value

Building a garage is now the best way to increase the value of your home, outstripping kitchen and bathroom refits, according to research from Virgin One.The survey conducted by valuers for the lender found that interior refits are no longer the most valuable home improvement as Britain&#39s 23 million car-owners see off-road parking and garages […]

Widow of opportunity

Mrs Williamson is 58. She was widowed 18 months ago and is continuing to receive an income from her late husband&#39s Equitable Life drawdown personal pension. She needs some, but not all, of the income and is extremely concerned about the future of Equitable Life. What should she do with her pension? Mr Williamson sold […]

Investment clock economic update

In the latest Investment Clock economic update, Ian Kernohan, Senior Economist at Royal London Asset Management, discusses the implications of the US Federal Reserve’s recent hike in interest rates and upcoming French presidential election. The value of investments and the income from them is not guaranteed and may go down as well as up and […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm