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20,000 want Halifax stakeholder information

More than 20,000 people have signed up for Halifax’s user-friendly guides to stakeholder pensions in the run up to its April 2001 launch.
The quarterly mailshot service, which highlights key issues on savings and retirement in layman’s terms is open to non-members of Halifax.
The service will provide guides on retirement planning including a pensions calculator, information on stakeholder pensions and Halifax’s own stakeholder offering.
Alternatives to pensions such as Isas will be explained and customers will be able to apply for Halifax’s stakeholder through a future mailshot .
Halifax development manager , pensions Nigel Greenwood says: "We found that unsurprisingly most people didn’t have a clue about saving for retirement and they weren’t doing anything about it. The mailshots are to raise people’s awareness and prepare them for the launch of stakeholder. Often it is a lack of understanding rather than people not caring about pensions. People do want to know what is available to them."


Face up to virtual realities

When I first saw the front-page report in last week&#39s Money Marketing thatMisys is to set up a virtual IFA business, I confess the phrase “I told youso” did spring to mind.Only a few weeks ago, Misys was telling me it would only be offeringsimple products via its consumer personal finance portal. At the time, […]

Abbey Life clients left in limbo for advice

Up to 1.7 million Abbey Life policyholders have been left in advice limbo after the company&#39s acquisition by Allied Dunbar, accordingto IFAs.Following the Dunbar takeover in February, policyholders were informed in jointly signed letters from Abbey Life and Allied Dunbar that Abbey was no longer able to give them financial advice on existing policies and […]

Clerical Medical announces addition to Japanese Team

Clerical Medical announces an addition to its Japanese Equities Team. Stephen Adams, who has six years experience managing Japanese and Asia/Pacific markets, joins the team as of the end of July. He comes from Norwich Union where he helped manage its Japanese portfolio. Adams will replace Sharon Dodgson, who is leaving to join fund manager […]

Bradford & Bingley…

Bradford & Bingley saw the curtain fall on 150 years as a mutual on Mondaywith an overwhelming vote by members in favour of conversion to a plc.Members are expected to receive windfalls of over £700 when B&Bfloats in December.Chairman Lindsay Mackinlay (pictured above)told the few hundred membersattending the specialgeneral meeting at Sheffield Arena that it […]


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