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BUPA appoints long-term protection specialist

BUPA appoints a new long term care specialist to head the long term individual protection business.

Steve Payne has joined as director from life and health reassurer Revios where he was deputy chief executive.

A fellow of the Institute of Actuaries, Steve is also former chairman of the Institute and Faculty of Actuaries Healthcare Conference and a member of the Investment Life Assurance Group&#39s critical illness working party.

BUPA commercial director, UK membership says: “Steve&#39s broad industry knowledge is exactly what we need to develop the BUPA franchise into longer term protection.”


Abacus urges brokers to act now on M-Day

Specialist branded lender Abacus Permanent is contacting around 10,000 brokers to urge them to start compliant processing now to reduce delays after M-Day. Abacus, formed in 2002 by Mortgage 2000 directors, says brokers should start entering all additional compliance information wherever possible. Head of sales Marc Tur-ner Turner says: “It is imp-ortant that brokers are […]

Boycott firms over servicing

As an IFA who chooses to offer both ongoing service and remuneration options to my clients, (either by fees or by level/fund-based commission), the debate about servicing commission came as a bit of a surprise until I remembered that we still have companies in our midst which always treat servicing commission as an ongoing reward […]

Merger details are spelt out as chiefs urge yes vote

LIA president David Batchelor and Sofa chairman Nick Bamford have written to their 25,000 members to reveal details about the proposed merger between the two bodies and urge a Yes vote. The new body, which will be known as the Personal Finance Society, will have a single structure of designations, eliminating the LIA&#39s (dip) award […]

ScotLife Mortgages facing the axe

Royal London is planning to close Scottish Life Mort-gages following a review of its operations. No timeframe has yet been outlined for the proposed closure and talks are still to be held with employees but it is expected to affect 10 staff. Royal London head of corporate affairs Gareth Evans says SLM is not getting […]


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