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Bank of Ireland to withdraw range today

Bank of Ireland has announced it will be withdrawing its existing range of products at 5pm today.

It says that this in order to preserve service levels.

In an email to brokers it says that fully completed applications will be accepted until 5pm. It warns that online AIPs do not reserve funds, only full online applications.

It says it is also unable to accept faxed applications.

BoI says that it remains committed to its chosen markets and will be launching a new range of products in due course.


“Govt should help those disadvantaged by abolition of 10% tax rate”

Treasury select committee chairman John McFall says the Government’s abolition of the 10 pence rate of income tax disadvantages mainly low income households and that the Government should help them.McFall says those below the age of 65 with an income under £18,500 who are childless are most at risk of being hit who McFall says […]

Canada Life appoints Roger Smith as product development manager

Canada Life has appointed Roger Smith as new product development manager.Smith, who was previously at the Royal Bank of Scotland, will be responsible for researching and developing new products and services. He will also work with internal business areas to support partnership opportunities with insurers and intermediaries.Head of marketing Marion Ware says: “We are delighted […]

Skandia fund is too alternative for some advisers

Advisers have given a lukewarm response to plans from Skandia Investment Group to bring out a multi-manager alternatives fund.The fund is a designed to be a diversifier to traditional asset classes, with low correlation to equities, bonds and property.The 10 asset classes at launch are likely to be diversified hedge fund exposure, listed timber, precious […]


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