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Aifa is the menu master

Has effective lobbying by an IFA trade association won a significant concession from the regulator? So it would seem,with official acceptance of a version of Aifa&#39s menu system as an alternative to defined payment.

The FSA deserves praise for keeping an open mind while Aifa can put a feather in its cap for achieving what it set out to do. The LIA is still warning of a great deal of upheaval among intermediaries. We now have the opportunity to see which is right.


L&G launches online PMI search

Legal & General has introduced an new service allowing consumers to compare the prices and terms of its range of private medical insurance plans over the internet.The service was introduced after research carried out for Legal & General found that 30 per cent of people are considering buying PMI in light of the Government&#39s plans […]

The way ahead

Standard Life Group Personal Pension FlexType: Group personal pension Minimum premium: £6,000 a year a scheme Minimum group size: Five Minimum-maximum ages: 1-75 Fund links: Sterling one, fixed interest one, index linked one, property one, protection one, structured one, managed one, ethical one, stock exchange one, international one, European one, Japanese one, North American one, […]

Pru chief Bloomer made deputy chairman of FSA panel

Prudential group chief executive Jonathan Bloomer has taken on the role of deputy chairman of the FSA&#39s financial services practitioner panel.Bloomer, who has been a member of the panel since February 2001, replaces Schroder Salomon Smith Barney vice-chairman David Challen.Other new appointments include Threadneedle deputy chairman Alan Ainsworth and HBOS chief executive James Crosby. They […]

Credit crunch

What impact will the new European directive on consumer credit have on remortgaging, equity release, offset and flexible mortgages it if comes into legislation as the CML fears?Charlesworth: Between the European directive and CP146, the equity-release remortgage market could be significantly compromised, with the biggest impact coming from the proposals in CP146. The concern is […]


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