The Liberal Democrats have called on the Government to temporarily guarantee all British bank deposits.
THE GOVERNMENT has been given a bloody nose from the Treasury Select Committee and been challenged to defend Budget proposals to extend inheritance tax, according to the Daily Telegraph.
Liverpool Victoria Friendly Society is seeking to redefine the concept of with-profits investments with the launch of a new bond offering three asset classes of investment along with the option of a capital guarantee.
Norwich Union is launching a new with-profits guarantee fund which promises to repay all of the policyholder's original capital if they withdraw their funds on the fifth anniversary, regardless of how investments has performed.
Given the slower pace of August, now seems a good time to reflect on the pressures of running a financial intermediary business.
Norwich Union has introduced a five-year money-back guarantee on all new with-profit fund investments in its portfolio investment bond, hoping to tap into more risk-averse investors.