Articles > Newspapers > International Newspapers, Major Markets > The Scotsman articles > July 2001

Article: Saver's scene Time is right to redeem your Scottish Widows loan notes

Article from:
The Scotsman
Article date:
July 7, 2001
Copyright

THE time has arrived to redeem your Scottish Widows loan notes. Holders need to submit their redemption instructions by the end of August in order to redeem in September.

Around 1.62 million qualifying members received fixed compensation with a value of GBP 500 as a result of last year's transfer of business of Scottish Widows' Fund and Life Assurance Society to the Lloyds TSB Group.

Scottish Widows was the first mutual life assurance company to offer loan notes as part of its demutualisation. The loan note option allows members to defer payment of capital gains tax, and potentially enables them to benefit from future capital gains annual allowances by redeeming part or all of their loan ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: Scottish Widows does about turn.
The Daily Mail (London, England);  January 17, 2001 ;     679 words ... ... JANE WALLACE SCOTTISH Widows has agreed to ... who requested loan notes after the Lloyds ... July 19, 2000. Scottish Widows claimed that ... form requesting loan notes and so issued ... requested his Scottish Widows windfall to be paid in the form of loan ...

Article: Scottish Widows windfalls 8% higher than forecast
The Scotsman;  June 14, 2000 ;     601 words ... ... chief executive at Scottish Widows, said: "Throughout ... and policyholders of Scottish Widows. We are delighted that ... windfall in cash paid into a Scottish Widows Bank account, cash paid by cheque or loan notes.

Article: Two-month hold-up in Scottish Widows windfalls
The Scotsman;  May 30, 2000 ;     621 words ... ... who have been with Scottish Widows since 1970. Average ... customers will receive. Scottish Widows yesterday could not ... windfall of GBP 38,200. Scottish Widows policyholders can take ... or alternatively in loan notes to avoid being penalised ...

Article: Scottish Widows - looking even better for your ...
Daily Record (Glasgow, Scotland);  May 31, 2000 ;     671 words ...SCOTTISH Widows investors are to get ... cash by cheque, in loan notes to avoid capital gains ... have it paid into a new Scottish Widows bank account. However ... takeover by Lloyds TSB. A Scottish Widows spokesman admitted the ...

Article: Ross defends Scottish Widows takeover decision
The Sunday Herald;  December 26, 1999 ;     700+ words ... ... chief executive of Scottish Widows who will become deputy ... comments. Next spring, Scottish Widows will calculate exactly ... being paid in cash or loan notes. There have, however ... and Edinburgh-based Scottish Widows Investment Management ...

Article: Scottish Widows windfall woe; Capital gains gloom ...
The Birmingham Post (England);  September 2, 2000 ;     700+ words ... ... Birmingham office, said Scottish Widows customers - some of ... rest of the year. Scottish Widows said it began sending ... they wanted cash or loan notes. 'The alternative ... given an option because Scottish Widows had 'negotiated long ...

Article: Scottish Widows cuts windfalls by pounds 300 for 1m ...
The Independent - London;  November 23, 1999 ;     599 words ... ... takeover. Iain Reid, Scottish Widows' company secretary ... The revisions make Scottish Widows pounds 300m cheaper ... be divided between Scottish Widows policyholders. Around ... days for cash or for loan notes which will be redeemable ...

Article: The Widow loses her charm The once saintly Scottish ...
The Sunday Telegraph London;  February 4, 2001 ;     700+ words ... ... cheques instead of the loan notes they had originally ... m still waiting for loan notes despite being told ... company set up the Scottish Widows Investment Partnership ... most of its history. Scottish Widows was one of the first ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives