P541 Teletext 541 May20 23:19:52 ————————————— NEWS UPDATE ————————p———— SLOWDOWN IN PENSIONS BUSINESS The growth of new life and pjn3ions business slowed down in the first quarter of 1994, according to the Association of British Insurers. Their figures show a 9% fall in premiums for new annual life insurances and annual premiums compared to the same period in 1993. Single premium individual pensions also fell, by 7*. cont... ——————————————————————————————————1/8—— Reasons for the slowdown >>> FLIGHT ARRIVAL & DEPARTURE INFORMATION SEE P—GE 435 Your Money Advice Property MortgagesP541 Teletext 541 May20 23:1X:1 ] —np—re—s s——d sEW aPD TE g————h —n n—— "PENSIONS FACE STRONG COMPETITION" The head of the Association of British life and pensions business was due to strong competition. Other savings vehicles, particularly TESSAs and PEPs, proved popular. Somu National Savings products affected business. Moves away from endowment mortgages also had an effect. ——————————————————————————————————2/8—— 11% Savings account >>> PROTECT YOUR HOME AND POSSESSIONS SEE PAGE 432 Your Money Advice Property MortgagesP541 Teletext 541 May20 23:10:31 ————————————— NEWS UPDATE ————————————— 11% SAVINGS ACCOUNT ON OFFER A four-year fixed-rate escalator savings account paying 11% in the final year is now on offer from Birmingham Midshires building society. Interest on the Step-Up Account starts at 6% gross in year one and gives an average 8* growth. Minimum investment is £2,500; the maximum is £500,000. ——————————————————————————————————3/8—— New Super Saver investment account > SHARE DEALING SERVICE-SEE PAGE 535 Your Money Advice Property MortgagesP541 Teletext 541 May2( 23:10:50 ————————————— NEWS UPDATE ————————————— REGULAR SAVERS BONUS ACCOUNT An investment account offering extra incentives to encourage regular savings is on offer from Norwich & Peterborough The account, called Super Saver, pays a 1% bonus each year. Interest rates range from 4% gross pju year to 5% grossn The minimum monthly investment is £20; the maximum, £1,000 per person. ——————————————————————————————————4/8—— CBI survey show improvements unjvjn > FLIGHT A5RIVAL & DEPARTURE INFORMATION SEE PAGE 435 Your Money Advice Property MortgagesP541 Teletext 541 May20 23:11:05 ADVERTISEMENT >>>>>>>>> BIRMINGHAM MIDSHIRES BUILDING SOCIETY OUR LOWEST MORTGAGE DEAL FOR 50 YEARS CALL FREE ON 24 HOeRS YOUR HOME IS AT RISK IF YOU DO NOT GREP UP REPAYMENTS ON A MORTGAGE0OR OTHER LOAN SECURED ON IT. Written quotations are available on request from Birmingham Midshir5/8 Building Society on 0902 7107 8 Security is required. Your Money Advice Property MortgagesP541 Teletext 541 May20 23:11:29 ————————————— NEWS UPDATE ————————————— RETAIL SALES IMPROVEMENT "UNEVEN" April's better-than-expected retahl sales figures show marked differences between the sectors, according to the Confederation of British Industry. The biggest improvements took placu in footwear, leather and clothes sho8s. But shops selling household goods had mixed results. Furniture and carpet retailers did very well but sales at hardware,china and DIY shops were flat. ——————————————————————————————————6/8—— How did other sectors do? >>> FLIGHT ARRIVAL & DEPARTURE INFORMATION SEE P—GE 435 Your Money Advice Property MortgagesP541 Teletext 541 May20 23:11:48 ————————————— NEWS UPDATE ————————pp——— CBI SU$VEY SHOWS UNEVEN GROWTH The April CBI Distributive Tradrs Survey also shows: Off-licenses had the most postivj rate of growth since July 1992 sales of durable household goods rose only slightly chemists reported a sharp fanl in sales for the second consecutive month. —————————————p—————————————p————p—7/ pp Money News updates again tomorrow FLIGHT ARRIVAL & DIP—RTURE INFORMATION SEE P—GE 435 Your Money Advice Property MortgagesP541 Teletext 541 May20 23:1]:1 ADVERTISEMENT .......... 8/8 NO SECURITY NEEDED £1,000- TEN—NUS, HOMEOWNERS £10,p00 AND HM FORCES SPECIAL UNSECURED LOANS FOR HOMEOWNERS NO FEES for immediate decision call: E X P R E S S L O A N S , px|||||p0 ,jgcsssco 7j{57b{5 WRITTEN QUOTATIONS -a j{{{j5 s"{%wsjs1 0ON TREQUEST 8.30AM-9PM 7 DAYS A WEEK ALL YEAR PERSONAL SERVICE Your Money Advice Property Mortgages