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Bupa launches LTC IFA panel

Bupa has launched a panel of IFAs specialising in advising on long term care products in a move that sees the PMI provider looking to strengthen its presence in the LTC market.

The panel of 110 IFAs is being made up of advisers who have demonstrated a thorough understanding of all the implications of LTC funding. Callers to the new service will have access to details of three IFAs in their area who specialise in LTC.

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MPs in scathing attack over debacle

Equitable Life, the FSA and the Government Actuary got a rough ride last week as a prominent Parliamentary committee published its interim report into the Equitable debacle. The Treasury select committee&#39s report raises questions about the roles they played in the events leading up to the company closing its doors to new business last December. […]

&#39Education funds more urgent than stakeholder&#39

Parents should consider investing for education before investing in stakeholder pensions for young children, says Tunbridge Wells Equitable Friendly Society. Chief executive David White is concerned that parents will be attracted by the tax breaks in stakeholder schemes and invest for their children without considering more pressing needs such as education. He thinks parents should […]

Principality Building Society – Discount Option 2

Thursday, 5 April 2001.Discounted term: Until June 30, 2006.Discount: 2.66 per cent until December 31, 2001, 1.66 per cent until December 31, 2002, 0.66 per cent until June 30, 2006.Payable rate: 4.29 per cent until December 31, 2001, 5.29 per cent until December 31, 2002, 6.29 per cent until June 30, 2006.Minimum loan: £5,000.Maximum loan: […]

Opportunity is lost as stakeholder steamrollers in

IFAs are probably hoping stakeholder proves an elaborate April fool. Stakeholder could prove disastrous and at best will cause a great deal of pain for limited benefit. Thousands will misbuy because the 1 per cent charge cap precludes advice. Several traps, including the relationship with state benefits and contracting out, have been left unsprung. Decision […]

Simon Fletcher

Auto-enrolment: pay attention or pay the price

By Simon Fletcher

As a chief executive officer of a business in the financial services sector, I have been dealing with the introduction of auto-enrolment for our clients for some time, but I can also speak from an employer’s point of view, having to go through the process ourselves.

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