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AIG on hunt for more top signings to lead IFA push

AIG is looking to recruit more protection specialists as it focuses on the UK advisory market.

Last month, Money Marketing revealed that AIG had appointed former Munich Re head of protection marketing Will Adler as protection product and planning actuary.

The move was seen as an indication that AIG was turning its attention on the UK intermediary protection market for the first time and Money Marketing understands it is looking to recruit other big names.

AIG has also launched its first wealth management marketing campaign aimed at financial advisers.

The US insurance giant kicked off an eight-week print advertising campaign this week which will be followed by online marketing, direct mail and PR activity over the coming months.

Wealth management head of marketing Neil Denton says: “People are becoming increasingly savvy about seeking financial advice and we believe that now is the time to invest in our brand and continue to foster great working relationships with IFAs. For a long time we have been one of the best kept secrets in the financial services industry.”

AIG will not comment on whether it is recruiting more protection specialists.


100 More FSA staff to monitor banks

The FSA is expected to recruit up to an extra 100 staff to monitor the big banks in a bid to avoid another Northern Rock debacle. The FSA publishes the results of an internal investigation this week into how it handled the Northern Rock debacle.

Newbuild starts plummet by 40%

Newbuild starts fell by 40 per cent in January.Assetz chief executive Stuart Law forecast at the debate that there would be 90,000 newbuild starts in 2008, against a Government target of 240,000.He said: “New build start-ups are imploding. We are down by 40 per cent in January year on year. We were at 260,000 in […]

Stop the cold-calling

Royal London is pleased to support the petition calling for a ban on cold-calling for pension and investment products. The petition, launched by IFA Darren Cooke of Red Circle Financial Planning and hosted on the Parliamentary website, calls on the Government to ban cold-calling for pensions and investment products. A similar ban is already in force […]


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