Savings Gateway pilot wins NCC approval

Professional Adviser
clock

News that the Savings Gateway (SG) is to be piloted first before it goes nationwide has been welcome...

News that the Savings Gateway (SG) is to be piloted first before it goes nationwide has been welcomed by the National Consumer Council as testing should ensure it hits the target market before it is rolled out. Plans for the SG were announced in a Treasury consultation document unveiled in November 2001 but at the time gave little indication of how the scheme would work, and what the terms of the product would be. Gordon Brown yesterday revealed the pilot project will run for 2 ½ years in Gorton (South-East Manchester), Tower Hamlets, East London, Cumbria and Cambridgeshire from Aug...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •