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Canada Life appoints executive director IFA distribution

Canada Life has appointed Steve Fitzhenry as executive director of IFA distribution.

Fitzhenry will oversee all IFA product distribution wihting Canda Life Wealth Management.

He joins from Great West Life, Canad Life&#39s parent company.

Canada Life managing director Ian Gilmour says: “Steve brings a wealth of experience in this area and he will play an important role in the continued success of the division.”


IFA hopes Snowdonia will be cash mountain

Family-based occupational pension schemes may not be the inheritance tax shelters that many advisers expect, experts are warning. Technical Connection pensions consultant John Page says the Inland Revenue has hinted that the new alternatively-secured pensions will attract an IHT liability. Under the Government&#39s current proposals, alternatively-secured pension holders will be able to pass on benefits […]

Cofunds overpays £1m to investors

Around 1,000 investors in the Threadneedle strategic bond fund have been asked to return a total of more than £1m after a computer error by fund supermarket Cofunds. The error meant that investors were paid 100 times more income than they were entitled to from the £350m corporate bond fund. It occurred after a decimal […]

Tory pension promise not costed- BSA

The Building Societies Association has hit out at promises made by the Conservative Party at their annual conference in Bournemouth to use unclaimed assets in banks and building societies for victims of pension wind ups. The BSA says this is an uncosted policy, as no thorough work has ever been undertaken as to the full […]

The LIA&#39s View

This is the last Money Marketing which will appear before the LIA EGM at which members of LIA vote on the proposed merger with Sofa. There have been many views expressed about the proposed merger to form the Personal Finance Society. This is right and proper as we have before us a serious decision. Greater […]

Protecting long-term savings from short-term policy

By Jamie Clark, Business Development Manager The pensions revolution is almost upon us. As with any revolution, there will be winners and losers. The winners in this case could presumably be the politicians that orchestrated pensions freedom and choice just before the general election. As for the losers, there may be many thousands of people […]


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