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Business up by 24% at Swiss Life

Swiss Life has reported an increase of 24 per cent in new business written during 2002, up to £53m from £42m in 2001.

The provider says during the last year it enjoyed substantial growth in both critical illness and income protection sales.

Managing director Brian Hurd says the fact IFAs have stuck with Swiss Life as it searches for a new parent company pays testimony to the strong market position it enjoys.


Group reshuffle at Misys

Misys has appointed Charles Bryant to head its IFA portal and its financial services division as part of a reshuffle across the group which sees Assureweb chairman Helen O&#39Dea become CEO of its risk management services division.Bryant is promoted to AssureWeb chairman and director of Misys&#39 financial services division. He will be responsible for preparing […]

Liverpool Victoria goes live with online processing for IFAs

Liverpool Victoria has today launched its online processing service for IFAs interested in its protection products. IFAs will be able submit applications as well as get quotations online. The friendly society says this will be followed by a direct debit system. Straight forward applications will not require an signature. IFAs who use the service will […]

Product matters

Newton&#39s protected higher income plan is a new arm of structured products in the retail market.Instead of tracking an index or using an average of a basket of shares, Newton is using its higher income fund, which has had top-quartile performance every year since launch in 1987.The five-year plan is 100% capital protected if held […]

House prices still strong, says Halifax

The average UK house price increased by 1.7 per cent in February to £125,558 from £123,422 in January, according to the latest Halifax house price index.Halifax says this is a sign that the market remains strong, with February&#39s increase representing a 23 per cent jump from £101,708 in February 2002.The bank says it is still […]


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