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Base rate held at 5.75%

The Bank of England’s monetary policy committee voted last week to maintain the base rate at 5.75 per cent. This week, the Bank publishes its inflation report which will influence the direction of any rate move at its next meeting.

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Friends goes beyond FOS guidelines

Friends Provident says it goes beyond ombudsman guidelines on paying out on critical-illness insurance claims where there has been non-disclosure.It says it now pays a proportion of the claim even when a client may have been reckless in their non-disclosure.The company said last month it would pay a proportion of all unrelated non-disclosure claims but […]

Royal and rugby great in Artemis Challenge at Skandia Cowes Week

Artemis Investment Management has confirmed that Lady Gabriella Windsor and Will Greenwood MBE will participate in Skandia Cowes Week’s Artemis Challenge on Tuesday. The inaugural charity race has attracted a blend of royalty and rugby for the 50-mile sprint around the Isle of Wight in a fleet of Open 60s, the Formula One yachts of […]

PFS and IFP must work together

The nonsense being spouted by Tim Eadon cannot go unchallenged. The PFS needs to adopt an honest, descriptive title for chartered members before it can begin to be taken seriously and gain respect. The title chartered financial planner is a misnomer for many holding it. There is nothing in the syllabus which calls upon an […]

Life cover for life

When someone mentions whole of life plans, most people will think of a niche product that serves as an inheritance tax planning tool for high-net-worth clients. And it’s really not surprising they’ve been pigeonholed in that waybecause before the arrival of RDR in 2013, that’s more or less exactly what they were. For advisers thinking […]

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