Monday, 4 June 2001.
Type: Accident, sickness and unemployment insurance.
Maximum benefit: £1,500 a month or 65 per cent of monthly income, whichever is lower.
Benefit payment term: One or two years.
Deferred period: 30 or 60 days.
Premium: £4.25 per £100 of cover.
Commission: Initial 25 per cent, renewal 25 per cent.
Tel: 01273 477784.
Consumer confidence in the NHS's ability to provide a comprehensive service has been brought into question by research from Standard Life Healthcare. It shows 59 per cent of people believe the NHS cannot provide free treatment for every condition, given the number of new drugs and treatments that have been discovered. Fifty per cent believe […]
Friday, 1 June 2001.Type: Fixed rate mortgage for members of Mortgage Next service.Fixed term: Until July 31, 2006.Fixed rate: 6.09 per cent.Minimum loan: £15,001, remortgages £25,001.Maximum loan: Up to 95 per cent of valuation subject to no maximum.Income multiples: Subject to negotiation.Arrangement fee: £299.Redemption fee: 7 per cent of amount repaid plus £100 until July […]
IFAs are reaping the benefit of the collapse in direct salesforces and now account for nearly 60 per cent of the growing individual life and pension market, according to the latest ABI figures. IFAs took 59.4 per cent or £1.3bn of all new individual life and pension business on an equivalent premium income basis in […]
The underwriting of applicants for life or general insurance products is,at a high level, a simple process. The product provider simply has to decide which applicants to accept andwhich to decline. If only life was so straightforward. The detailed processes which underlie the high-level aim of underwritingare complicated. Before considering these, however, we need to […]
By Fiona Tait, Pension Specialist Royal London firmly believes in the value delivered to clients by financial advisers, not just for one-off events but on an ongoing basis. This is a position we continue to hold in our consultation responses and external communications while always questioning whether there are ways in which we can help […]
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The Financial Services Compensation Scheme will automatically compensate hundreds of clients of a collapsed discretionary fund manager, but other investors will have to wait another five months to get their money back. London-based Beaufort Securities has been investigated by both the FCA and US authorities. An indictment from the US Department of Justice alleges that […]
Fiducia managing director on ‘good old-fashioned’ customer service in the digital world Anthony Scott is adept in the art of communication. As an adviser and a novelist (he has written the novels ‘On Ashover Hill’ and ‘The Birthday Gift’) it is crucial for the Fiducia Group managing director to engage and build a rapport with […]
The FCA has reiterated its warnings that advisers outsourcing defined benefit transfer advice to firms with relevant qualifications cannot divorce themselves from responsibility for the eventual recommendation. While existing FCA rules require additional qualifications to advise on DB transfers, and the FCA has written to all firms who have DB transfer permissions as part of […]
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