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Burgesses offers own IP plan

Specialist insurance broker Burgesses is launching its own income protection plan called British Income Protection.

t offers a low cost non-discriminatory income protection with a maximum monthly benefit of 1,000 or 50 per cent of gross monthly income.

Cover is available to UK residents below retirement age irrespective of occupation, gender or employment status.


Star performance

Advisers believe New Star’s rise to the top of the retail fund sales league is down to service and performance.

Independent view – John Winful

In my opinion, IFAs under-value their services because they have failed to get away from the fact that they sometimes have to be salesmen.

Bamford halves PI premium

Former Sofa chairman Nick Bamford has slashed his professional indemnity cover premium by more than half by shopping around.

ProvMut equity ratio slashed to 10%

Norwich Union is has reduced the equity backing ratio of the Provident Mutual with-profits fund from 24 per cent to 10 per cent, saying the move is needed to meet underlying guarantees. At the same time NU is also offering Provident Mutual mortgage endowment policyholders the opportunity to take advantage of future investment returns from […]


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