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BBN starts group risk division

Berkeley Berry Birch subsidiary Berry Birch & Noble Employee Benefits is launching a specialist group risk division. The team will offer group medical insurance, group income protection, group life policies and all related benefits. The service will be rolled out to all BBB advisers over the next12 months.

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Millfield in estate agent tie-up

Millfield Group is signing a deal with London-based estate agent Chesterton Residential to offer independent advice to its clients. The strategic alliance will see clients from Chesterton&#39s 17 London offices given access to Millfield&#39s 280 mortgage advisers. Millfield chief executive Paul Tebbutt says: “We are delighted that Chestertons has chosen to work with Millfield on […]

Holloway revamps golden oldie

Holloway Friendly Society has introduced the new classic plan, a revamped version of its classic income protection plan. Holloway Friendly Society hopes the plan will help IFAs write new income protection business and make income protection more accessible to people who may be put off by the costs of policies which have higher rates for […]

FSA switches fee basis from RIs to turnover

The FSA is aiming to implement a new fee structure for IFAs which could result in smaller firms with high turnover facing significantly higher annual regulatory fees. In a document seen by Money Marketing, the FSA has revealed that it aims to change the tariff base for fee blocks from approved persons to an income-based […]

New version of L&G&#39s distribution fund

Legal & General is launching a unit trust version of its £1bn distribution life fund this week, offering 5 per cent initial commission but no trail. The fund, to be managed by David North, will invest at least 60 per cent in bonds, enabling it to retain the tax credit within an Isa. The initial […]

A guide to automatic re-enrolment

Since the introduction of auto-enrolment in 2012, it has been a popular topic in the press. Recent media focus has been geared towards small and micro employers; however attention is set to return to the UK’s largest businesses as they prepare for re-enrolment. Johnson Fleming has produced a useful guide that provides essential information to help you […]

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