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Abbey Life appoints deputy managing director

Abbey Life is appointing Michael Green as deputy managing director, to succeed Chris Evans who is retiring.

Green has been at Abbey Life, based in Bournemouth, since 1991 and will keep his responsibilities as company actuary alongside his new role.

Abbey Life has restructured following its partnership with Unisys Insurance Services, who will provide administration services to Abbey Life.

Green will be in charge of the Bournemouth operation and will report directly to Scottish Widows in Edinburgh. Both companies are part of the Lloyds TSB group.

Green says: “The next year will be a time of continuing change and development of relationships, both with Unisys and Scottish Widows.”


Norwich Union Investment Funds to launch Oeic

Norwich Union Investment Funds is planning to launch an Oeic comprising six sub-funds – corporate bond, UK growth, absolute growth, global growth, managed and European growth. The funds will be managed by Clare Brook and a nine-strong team, formerly of Henderson Investors, who have worked together for nearly a decade. Norwich Union SRI team head […]

CTC opens new regional offices

Financial services software provider CTC is opening two new regional offices, in Birmingham and Bristol this week. The Birmingham office has five staff and the Bristol office is eventually to have a staff of 25. All recruits have previous pensions experience. CTC director of third party services Chris Butler says: “We are delighted with the […]

Bristol & West – Six Year Isa

Thursday, 25th January 2001.Type: Tessa only and mini cash Isa.Aim: Growth linked to FTSE 100, Nikkei 225 and Eurostoxx 50 indices.Minimum investment: £3,000.Maximum investment: £12,000.Catmarked: No.Investment choice: 100 per cent in cash.Yield: 100 per cent of the average growth in the three indices.Charges: None.Commission: None.Tel: 0808 1811814.

Weighing the choices

As the introduction of stakeholder pensions edges closer, pension providers have been forced to consider how they can hold on to their existing customers and encourage them to remain in their current pension plans. From April 6, 2001, clients with existing pension plans may be able to transfer to a stakeholder pension plan, either with […]


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