Money: loose change

CaterDeal, the stockbroking service, is offering to sell shares from building society demutualisations free of charge.

Savers must place the proceeds of their sale into a Cater Allen PEP, high-interest account or Tessa. Call 0800 716177.

Scottish Provident is offering a six-year Guaranteed Growth Bond offering full, inflation-proofed return of capital, plus 35 per cent of growth in the FTSE 100 share index.

Minimum investment is pounds 10,000. Details through any financial adviser on 0117 971 1177.

Save & Prosper is launching a new Sovereign 90-day notice account paying 5.5 per cent on balances of pounds 5,000 or more. Income can be taken monthly. Details on 0800 403090.

Abbey National is launching a Bonus Postal Account, paying 6.6 per cent gross, including a bonus of 2 per cent on the minimum balance in the account in each quarter. Minimum balances are pounds 2,000. Details on 0800 174635.

Skipton is launching a High Performance PEP jointly with General Accident Life, offering both growth and income options.

The PEP levies no up-front charges or exit charges after five years.

Investors can also save a further pounds 4,000 in a special account paying 7.5 per cent gross, including a 1.5 per cent bonus to the end of March 1998.

Details from Skipton branches.