Assured rate rise

FINANCIAL Assurance has put up its rates to lead the guaranteed income bond market over three, four and five years.

A pounds 5,000 investment earns 6.4 per cent a year over three years, 6.5 per cent over four and 6.85 per cent over five. A pounds 20,000 deposit earns 6.45 per cent, 6.6 per cent and 7 per cent respectively. And a pounds 50,000 investment earns 6.5 per cent, 6.7 per cent and 7.05 per cent respectively.

----------------------------------------------------------------- SIX OF THE BEST ----------------------------------------------------------------- Savings Type Account Term *0% *25% *40% Min GIB Financial Assurance 5 years 7.05 7.05 5.95 pds 50,00 B Soc Coventry Instant 8.10 6.08 4.86 pds 25,000 Tessa St Pancras B Soc 5 years 8.00 8.00 8.00 pds 10 *Compounded annual rate except for GIB (guaranteed income bond) ----------------------------------------------------------------- Source: Chase De Vere 071-404 5766 -----------------------------------------------------------------