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AMP appoints new chairman

AMP has appointed Peter Willcox as its new chairman. He will occupy the post of deputy chairman until outoing chairman Stan Wallis leaves in July next year.

AMP has recently also seen the departure of its chief executive and chief finance officer, as well as its UK managing director Tom Fraser.


FSA must deal with regulatory inconsistencies

I am surprised that financial journalists have generally not:•given more coverage to the professional indemnity window slamming in IFAs faces•reported IFAs&#39 compelling argument that the FSA is using its statutory powers arbitrarily in attributing negligence to agents instead of manufacturers•made the connection between this and the flawed reliance of the regulations since 1988 on sales […]

Standard adopts Origo universal password system

Standard Life&#39s extranet is now enabled for Unipass Unipass, the new individual digital certificate for IFAs from Origo that replaces the need for individual passwords to access different extranets.Standard Life joins Norwich Union, Prudential and Skandia as the first providers to adopt Unipass. A further 13 providers, including Friends Provident, AXA, and portals, Assure Web, […]

L&G launch medical underwriting course with university

Legal & General has teamed up with Cardiff University to roll out a new medical underwriting course.The 20-week course, which has been organised by Professor Mansel Aylward and Professor Peter Halligan, will provide 60 hours of customised lecture presentations and workshops for new and experienced underwriters.L&G says lectures will be given by leading internationally recognised […]

Independent view

Here we are just weeks away from the end of 2002 so I am reflecting on what business has been like and where we are going to next year.It has been a difficult time for the industry following last year&#39s market and September 11, and ongoing concerns that a war is looming. I have talked […]

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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