View more on these topics

Assureweb in Freetrawl deal for Tep valuations

IFA trading platform Assure-web is teaming up with online traded endowment policy service Freetrawl to give its users access to online Tep valuations.

IFAs using Assureweb will be able to access the Freetrawl service free and search for quotes on polices from Tep market-makers. The Freetrawl site allows IFAs to enters a client&#39s policy details, which are then forwarded to up to 10 market-makers.

A range of quotes are returned to the IFA in a format which is designed for use with clients. The quotations meet all compliance requirements.

Freetrawl says no paperwork is needed until the final offer is produced. Freetrawl&#39s parent company PolicyPlus says around £500m worth of endowment policies were tra ded the last year and trading an endowment offers clients on average £1,500.more than surrendering a policy.

It also says in the four months IFAs have been trading their clients&#39 endowment policies on, the system has generated quotes on average 27 per cent higher than surrender value.


Gartmore appoints new chief executive

Gartmore Investment Management has appointed Glyn Jones,48, as chief executive. Jones succeeds Paul Myners, who will focus on his role as chairman at Gartmore. Jones was chief executive at international private banking business Coutts until June 2000. The fund manager has separately announced its director and head of global institutional division Sally Tennant has decided […]

Prediction of soft landing is not just crystal ball gazing

The news that Fed chairman Alan Greenspan believes the US economy will have a soft landing could not have come at a better time. Investment IFAs and fund managers were just beginning to voice concerns about clients getting jittery about the current state of markets worldwide. Greenspan has reassured the market that the Fed is […]


IFA support services are little more than commission clubs with a veneer of service.” That&#39s the view of new support service provider IFA Prof ess ional chief executive Geoffrey Clarkson. When Clarkson sticks the boot into his competitors, he does it with a steel-toed Hush Puppy. The softly spoken Lancas trian maintains an even voice […]

&#39Explain savings in switching mortgages&#39

Only 20 per cent of borrowers believe changing their mortgage would make them better off, according to The Mortgage Operation. But TMO says the maj ority of borrowers on variable-rate mortgages, who account for more than 60 per cent of all borrowers, could save money by changing mortgages. The network says the survey demonstrates a […]

Sierra Leone cover image - thumbnail

White paper — Sierra Leone International Insights

Jelf Employee Benefits assesses the areas that employers should be aware of when considering operating in Sierra Leone, including healthcare access, delivery and insurance provisions. This report draws on various sources to highlight specific considerations for this emerging jewel in West Africa.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm