View more on these topics

Axa investing £35m in back office system

Axa Sun Life is investing £35m in a new back office system from software provider Marlborough Stirling to be developed over the next four years.

The investment is part of a major Axa initiative to re-engineer its business to offer better service to both customers and IFAs, and operate with lower costs.

The system will handle sales leads, new business applications, and policy enquiries from both IFAs and policyholders. Axa expects the system to be administering policies for an estimated 2.5 million customers in four years’ time.

Marlborough Stirling chief executive Graham Coxell says: "We are very pleased to have won this important project, the proposals for which we have been working on for some time. It is an excellent example of how we help financial service providers prepare for an increasingly competitive world."

Recommended

Ruth Kelly takes over financial services role

The DSS has been replaced by the Department of Work and Pensions as part of a shake-up of the Government by Tony Blair following his second landslide victory. As tipped by Money Marketing, Ruth Kelly has been appointed Treasury economic secretary, the position responsible for financial services. Former incumbent Melanie Johnson has been moved to […]

Morley appoints new SRI team member

Morley Fund Management is appointing Julian Murray to its socially responsible investment team to take responibility for the management of the Norwich Union Sustainable Future Global Growth Fund.Murray joins from Deutsche Asset Management where he worked on the global strategy team after a spell as a fund manager in the Japan team at Deutsche.Morley Fund […]

Another fin mess by FSA?

The FSA is considering forcing providers to use website addresses with .fin suffixes in a bid for consumer protection. The scheme would see all regulated firms using .fin addresses, with the aim of assuring users they were dealing with an FSA-regulated company. The plan is raised in a discussion paper this week which claims it […]

London Stock Exchange stays in City

The London Stock Exchange has announced it is to remain in the City when it leaves its present home in 2004, ending speculation that it would relocate to Canary Wharf.It will occupy new premises currently being built at Paternoster Square, next to St Paul&#39s Cathedral. The announcement follows lobbying from the City of London to […]

Inheritance Tax, a tax on the wealthy? Urban myth or fact?

By Kim Jarvis, Technical Manager with Canada Life’s ican Technical Services Team. Inheritance tax has been around in some form since 1796. Estate duty dates back to 1894 and over the years this tax has evolved into the inheritance tax (IHT) we know and love today, which was introduced in 1986 as a replacement for […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com