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AKG Actuaries & Consultants issues offshore financial strength report

AKG Actuaries & Consultants is publishing the first issue of its financial strength reports on leading offshore life offices.

AKG says the reports are the result of a major initiative to provide experts independent financial strength analysis for use by IFAs in offshore best advice selection.

The reports will be free of charge for intermediaries and requests can be made at


Pru urges firms to act on stakeholder or face fines

Prudential is running a a nationwide stakeholder ad campaign urgingemployers to act now or risk stiff fines later. The campaign will include the national and trade press, radio, online andads in taxis. Alongside the ads, the Pru is writing to 300,000 small to med-ium-sizedcompanies. A spokesman says although it already has more than 10 million […]

Marketing chief for Family

Family Assurance is appointing a new head of marketing in anticipation offurther relaxations in polarisation. Miles Bingham was at Abbey National, where he spent six years as head ofmortgage marketing. He previously worked in a number of positions with HSBC. The friendly society bel-ieves the FSA will move tow-ards further changesin polarisation this year which […]

Nationwide wins most coverage in mortgage war

The growing popularity of remortgaging has taken the war between toplenders into a new phase and influenced national media coverage in June,claims media analyst PressWatch. Its monthly analysis found the high profile of mortgages helped NationwideBuilding Society receive more mentions in the media than any otherfinancial services company. Nationwide chief executive officer Brian Davis ended […]

Lumsden leads Standard in protection challenge

Standard Life is aiming to make a big play in the protection market,challenging established specialist Scottish Provident, Skandia and newentrants such as Scottish Equitable. Finance director Iain Lumsden, who will succeed managing director ScottBell next year as group chief executive, says Standard will also be workingto develop new annuity products to meet criticisms of falling […]

Trusts: Easier than you think?

Protection providers often extol the benefits of placing plans in trust. The advantages for clients are widely recognised and numerous – inheritance tax mitigation, avoiding probate delay, controlling claim proceeds, and so the long, familiar list continues. Yet, dismissed as unnecessary form-filling, or simply viewed as irrelevant in the context of a mortgage sale, less […]


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