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Bullivant to lead IP Task Force

Personal Finance Society chairman Bob Bullivant will facilitate and chair the Income Protection Task Force, jointly set up by Le Beau Visage and CWC Research.

Chief executives Peter Le Beau and Clive Waller are launching the party, which will consist of representatives from Legal & General, Bupa, Zurich, Pioneer, Munich Re and Swiss Re.

Waller says: We believe this group will be able to pinpoint reasons why intermediaries do not sell more of the product and begin a process of making the public aware of just how valuable income protection is. We have a very well-balanced group, representing all of the main areas of the protection industry and we all share a conviction that income protection should be bought by many more people. The Income Protection Task Force aims to ensure this will happen.


Ex-Sesame members set for action on NDF

Sesame could be liable for claims against former mem-bers who allegedly missold NDF structured products, acc-ording to specialist law firm Financial Services Legal. The firm says it has had counsel’s opinion on a group of 70 members and ex-members who have expressed an inter-est in taking forward a case against Sesame to exonerate themselves from […]

Gill Nott elected AITC deputy chairman

The AITC has elected Gill Nott as deputy chairman joining deputy chairmen George Kershaw and Carol Ferguson.Nott sits on the boards of Witan Pacific, Martin Currie and Merrill Lynch British smaller companies investment trusts, as well as chairing the Baronsmead and Sitka health fund VCTs. She was a director of the FSA until November 2004 […]

Anger over Stroud direct deal on legal services

Smaller lenders have been slammed for undercutting intermediaries amid claims that they are harming brokers’ reputations. Mortgage Advisory Service head Stuart Wilson has criticised Stroud & Swindon for offering free legal services if clients apply direct but not if they apply via a broker. Wilson says brokers are duty-bound to turn business away if the […]

Advisers hit by 10m increase in FSCS charge

The Financial Services Compensation Scheme has all but confirmed that advisers will be hit by a 10m fee increase due to a predicted threefold increase in endowment complaints. The FSCS’s latest budget, published just two months before the end of the financial year, predicts that advisers will see their initial levy rise by almost 30 […]

The investment clock

While Trump blazes blond in the political foreground, it’s easy to overlook the economic background to the new political dimension of 2017. Political risk will be a feature of the year: the unpredictable and untested Trump administration has already created uncertainty, which is unlikely to diminish, especially if protectionist rhetoric starts to outweigh promises of […]


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