Compare Annuities  

Get latest annuity rates now

Free Pension Healthcheck  

Get a free online consultation now

Tag Archive: withdraw

  • Nationwide limits over the counter cash withdrawals

    Nationwide Building Society is increasing the minimum amount of cash that can be withdrawn over the counter. From 7th June, a queue-busting initiative means that the society’s lower cash withdrawal limit increases from £30 to £100 for FlexAccount customers with … Read more »

  • Court rules in bank’s favour in “phantom withdrawal” case

    A UK court has found against a customer who sued his bank after being held liable for withdrawals from cash machines, which he claims he did not make. So called “phantom” withdrawals occur when money is withdrawn at bank ATMs … Read more »

  • NS&I withdraws £1m premium bond prize

    National Savings & Investments (NS&I) is withdrawing one of its two monthly £1 million premium bond prizes. The move will allow the Treasury-backed savings provider to introduce a new £25 prize category. Previously the minimum payout had been £50. A … Read more »

  • NatWest MoneySense service under attack

    The Association of Mortgage Intermediaries (AMI) is demanding that NatWest withdraw a national TV advertisement campaign for the bank’s MoneySense financial advice service. The AMI represents independent mortgages advisers across the UK and is following up on recent research by … Read more »

  • Cattles withdraws banking licence application

    Cattles, the Yorkshire-based sub-prime lender, has withdrawn its application for a banking licence. The move follows discussions with the Financial Services Authority, which has recently tightened its capital reserves criteria. The lender raised £200 million in a rights issue last … Read more »

  • Britons batten-down savings accounts

    Britons are heeding warnings of a sharp economic slowdown and attempting to keep their savings in tact, according to recent research from Birmingham Midshires. The buy-to-let lender’s Saving Britain report shows that while the amount squirreled away by consumers each … Read more »

  • HSBC withdraws from Korea Exchange Bank acquisition

    HSBC has withdrawn from its proposed £3.3 billion acquisition of a majority stake in Korea Exchange Bank (KEB). Europe’s largest bank began its negotiations to purchase 51% of KEB from US private equity firm, Lone Star, last autumn. The proposed … Read more »

  • Barclays withdraws Firstplus loans and cuts 300 jobs

    Barclays’ Firstplus division, which provides loans to homeowners who already have mortgages on their properties, is closing its doors to new business. Firstplus is currently the UK’s largest provider of homeowner loans but has experienced a downturn in business. The … Read more »