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Decision for Ipswich BS CTF investors - Martin?
ReportInvestor
Posts: 3,646 Forumite
Martin, with his usual lucrative short term approach, rightly guided MSErs towards Ipswich's juicy 6% Child Trust Fund account. But it is no longer top of the tree.
It has slipped in the ratings [to 5.25% [a 0.75% slide in spite of only 0.25% Bank of England rate cuts] so that Yorkshire BS [5.3% + 0.7% bonus] is now well ahead of the game.
Ipswich BS has regularly been near the bottom of the BS pile in terms of overall rates paid to savers in general.
So should MSE Child Trust Fund investors watch the Ipswich rates themselves / await Martin's instructions / switch now?
What does Martin think?
It has slipped in the ratings [to 5.25% [a 0.75% slide in spite of only 0.25% Bank of England rate cuts] so that Yorkshire BS [5.3% + 0.7% bonus] is now well ahead of the game.
Ipswich BS has regularly been near the bottom of the BS pile in terms of overall rates paid to savers in general.
So should MSE Child Trust Fund investors watch the Ipswich rates themselves / await Martin's instructions / switch now?
What does Martin think?
0
Comments
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OK, so Martin's staying out of this one. Fair 'nuff. It's his prerogative.
MSE - Possible Cheshire BS merger windfall
MSE - Definite Lambeth BS merger windfall - minimum £400
Will there be an Ipswich kids' windfall? What do others think?
My own view is that you should stay with Ipswich and await developments with considerable interest
. Ipswich will not exist as an independent mutual in 2010. 0
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