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“Business as usual” for Fortis UK, says Werth

Fortis Life UK managing director Martin Werth has confirmed that the multi-nationalisation of Belgium bank Fortis has had no impact on its UK offering.

Werth says the £8.9bn bailout from Belgium, the Netherlands and Luxembourg will not affect the bank’s business in the UK.

Fortis entered into the UK protection market in July offering Real Life Cover and Your Life Plan with Lifesearch.

He says: “It is business as usual here at Fortis Life. We are a separate company regulated by the Financial Services Authority and we are well capitlised to meet our plans.”


Ex-SJP chief to head Money Portal

Former St James’s Place chief executive Mark Lund is to become group chief executive at Money Portal.

SimplyBiz buys out joint ventures

SimplyBiz has bought the total share capital in Simply Biz Mortgages and Broker Support Services. Both firms were set up in 2005 as 50/50 joint ventures.

Safety thirst

At the end of one of the most tumultuous weeks we have experienced in financial markets, the Financial Times’ Lex column stated on Friday September 19 that investors today are “more concerned about a return of capital than a return on capital”.

Jelf flexible benefits

In Focus: How to choose a flexible benefits provider — seven top tips

Jelf Employee Benefits looks at some of the key considerations employers should think about when reviewing and choosing a flexible benefits provider. Choosing the right benefits for your employees is one thing but delivering a successful employee benefits strategy is about understanding the complete picture and delivering it in a personalised way so that it resonates with each and every individual in your business. 


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