No-frills service with a price to match: your building society may not be the first thing thatsprings to mind when looking for a share dealing service but many societies do now offercompetitively priced services
Article Abstract:
A number of buildingssocieities now offer execution-only share dealing services, either through the purchase of astockbroker or by forming a stock-broking subsidiary. The main considerations when choosingan execution-only service are price and efficiency. National & Provincial (N&P) charges 18pound sterling for a 5,000 pounds sterling deal, compared to 36.20 pounds sterling by theYorkshire building socieity's YorkSHARE subsidiary. The Darlington and Halifax services arerestricted to account-holders.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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Is the promise worth the price?
Article Abstract:
UK investors can choose from a number of guaranteed products, and they should examine what the guarantee entails. They should assess whether capital is guaranteed, and the extent to which this constrains income. They should also examine the impact of taxation on income. Withdrawal penalties may also be a problem with some long-term products. Charges generally should be examined and investors should not make hasty decisions due to offers being available only for short periods.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Jersey: tide of cash induces confidence
Article Abstract:
Jersey has attracted a number of Swiss investment and banking concerns, and is becoming increasingly important as a European offshore financial center. UK financial services legislation does not affect Jersey directly, but products to be sold in the UK are affected by similar laws. The system of financial regulation is less cumbersome than in the UK, and there are stiff entry requirements for companies in banking and investment management.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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