DERBYSHIRE BUILDING Society is launching a two-year fixed-rate investment bond paying up to 6.5 per cent gross. Rates start at 6.1 gross on savings below pounds 25,000, rising to the highest rate on deposits of pounds 50,000 and over. A monthly income option, offering reduced rates, is available. For further details, call 01332 841000 or visit a local branch of the society.

TOWRY LAW, the independent financial advisers, are launching GiftPlan, a simple way to set up a trust without having to pay legal or accountants' fees. The service costs pounds 200 plus VAT for any size of investment. Call 0800 4963949 for further details of the scheme and for a free copy of Towry Law's free booklet, Guide to Trusts.