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Alexander Forbes expands Irish operation

Alexander Forbes is expanding its Irish operations with the acquisition of the insurance broking business of K&H Insurance Management Services.

The two principals of the Dublin-based broker, Martin Kavanagh and Philip Herron, will join Alexander Forbes as consultants. 

Alexander Forbes Dublin managing director Declan Healy says: “We are delighted to have secured an acquisition of this quality.  Martin and Philip enjoy first class reputations in the Irish insurance market, and will bring great strength in depth to us”


Half of all protection business done online says L&G

Over half of Legal & General&#39s life and protection business is now submitted online, the life office says.L&G says the business transacted through its two online facilities, the Online Term Assurance and e-Protection Choices, now accounts for half of its protection business.Housing and protection director Graham Newitt says: “We have worked closely with advisers to […]

FundsNetwork expanding

FundsNetwork is adding five new firms to its supermarket platform, bringing the total funds now available to 675 from 48 providers. JO Hambro Capital Management, Rathbone Unit Trust Managers, Lion Trust Investment Funds, Martin Currie Unit Trusts and UBS add 28 more funds to the range available on the platform. All five companies will have […]

20/20 revision

As the countdown continues to my exam date, I feel the preparation has gone well. Having conscientiously waded through the dreaded black Cemap file and attended a Scottish Widows Bank training session, I am now fairly confident. I have addressed the areas I was not 100 per cent sure of, in particular the legal and […]

R&SA fined £1.35m for pensions review failings

Royal & Sun Alliance has been fined £1.35m by the FSA for “systematic weaknesses” in its internal pensions review affecting 13,500 consumers.The penalty is the second time the life office has been fined by the regulator for infractions relating to the pensions review, the first for £225,000 in 1997.FSA investigation revealed 13,500 consumers which had […]

Japan: the Land of the Rising Dividends

By George Boyd-Bowman, Fund Manager at Neptune Many Western investors have long bemoaned the lack of a true dividend culture in Japan, claiming the corporate culture is not tilted in favour of shareholders. Yet today, in the Land of the Rising Sun, we see a fresh impetus to focus on shareholder returns, which is leading […]


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