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Bankhall runs workshops for Pru sales staff

Bankhall is running a series of workshops in June around the UK for Prudential salespeople who are members of the Manufacturing, Scientific and Finance Union to encourage them to set-up as IFAs and join Bankhall.

To generate interest in the workshops MSF has circulated a letter stating the view that while the Pru&#39s deal with Inter-Alliance “may be beneficial to certain individuals it will not be right for all.”

MSF says the workshops will give a balanced view of the range of opportunities available to the sales people.


Endowment complaints rocket 300 per cent

Complaints over mortgage endowments rocketed 300 per cent in the year to this March, according to the Financial Ombudsman Service.The ombudsman has revealed it handled over 9,000 complaints last year, up from 3,000 in the year to March 2000. It expects to deal with around 13,000 disgruntled endowment policyholders this year.It blames exaggerated sales talk, […]

Police Mutual picks chief exec

Police Mutual Assurance Society, one of the UK&#39s biggest friendlysocieties with assets of over £1bn, has appointed Graham Berville aschief executive to succeed Peter Sharpe. Berville joins Police Mutual fromCGNU, where he was a director in the UK life operation. He was previouslywith the Automobile Association in a variety of roles in its insurance,retail and […]

Projection racket

Tony Bridgland made some very good points in his recent article in MoneyMarketing but you do not have to wait 20 years to see that the projectionsystem is failing and needlessly worrying people. I have on file two projections four months apart for the same plan, a25-year low-cost with-profits endowment for a £19,500 mortgage with […]

Search is on for £150k chief exec

Dublin-based financial services company International Finance Group isbelieved to be searching for a new chief executive for its UK IFA arm, IFGLife and Pensions. Industry experts believe a recruitment ad for an unnamed personalfinancial services group looking for a chief executive for its UK IFAsubsidiary relates to IFG. The ad states the IFA business has […]

Global energy: positioning for a recovery in the oil price Š

Richard Hulf explains how he and John Dodd have positioned the Artemis Global Energy Fund and where they are finding opportunities. Richard explains how he and John are changing the complexion of the fund to focus on the most efficient oil producers. As he tells journalist Alexis Xydias, in this environment of lower prices, he […]


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