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Britannia Life aims to secure sales team jobs

Britannia Life staff are in talks with two life offices with a view to securing the jobs of its broker sales team of 132. Regional managers, who are in charge of negotiations, hope to be close to a deal by March. Other life offices, including Colonial, are still interested in taking on selected staff.

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IFAA sends out guide to beating 2000 bug

The IFA Association is mailing all its 2,500 members a guide to beating the millennium computer bug as the regulators investigate the problem. The Midland Bank Beat the Millennium Bug provides a step-by-step guide on how firms can tackle the prob lem of computer systems being unable to recognise the change of date from 199to […]

ISA limit raised to £7,000 in first year

The main features of the Individual Savings Account announced by the Chancellor are: Everyone will have the same chance to subscribe to the ISA, irrespective of the current value of their Pep and Tessa holdings. The ISA will start on April 6, 1999 and be guaranteed to run for at least 10 years. The annual […]

INDEPENDENT VIEW

Money Marketing&#39s recent Financial Strength Survey revealed the operating costs and assets of insurance companies during 1996. Some of the most interesting figures were those relating to the cost of acquiring new business. The lowest figure was that of Equitable Life at 15 per cent. One of the reasons for this figure, as given by […]

CII offers extra sittings for G60 paper

The Chartered Insurance Institute is to provide two additional sittings for people taking the G60 pensions paper of the Advanced FPC. The extra sittings will be held on July 17, 1998, and January 22, 1999 in addition to the scheduled sessions on April 22 and October 21, 1998. From March 31, 1999, the PIA will […]

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