View more on these topics

Canada Life boosts adviser commission for group risk

Canada Life Group Insurance has increased the maximum level of adviser commission on group risk products from 20 per cent to 30 per cent.

The group risk provider says the move will help IFAs targeting smaller firms to take up group risk policies.

Sales and marketing director Paul Avis says: “We recognise that particularly with smaller or more complex schemes the amount of work involved in their set up and ongoing management can require a commission payment exceeding 20 per cent, so we’ve changed our processes and systems to accommodate this.”

Earlier this year Canada Life introduced an average discount of 10 per cent on all group life business transacted through its Canada Life Automated Self Service online portal.


Pensions Regulator hires NAPF director of policy

The Pensions Regulator has appointed National Association of Pension Funds director of policy Nigel Peaple as head of corporate and international affairs. Peaple and his team will be responsible for TPR’s media, external stakeholder and EU relations. Prior to his role at the NAPF, Peaple held policy and public affairs roles across a range of […]


10 firms could quit Openwork to join Carby

Openwork says only around 10 more of its advisers are considering moving across to join Keith Carby’s new venture. Former Openwork chief executive Carby recently joined Warrington-based firm Wilmslow Wealth, which is an appointed representative of Paradigm. Nine of the 13 other advisers currently listed at Wilmslow Wealth on the FSA register came from Openwork. […]

Baring turns to US bonds as gold loses its allure

The Baring multi-asset fund is holding long-dated US government bonds because it is one of few areas to buck the trend of an increasing correlation between asset classes now that gold no longer works as a diversifier. Investment manager Andrew Cole says the multi-asset fund is run on the premise that whatever asset you own […]

Invesco launches offshore Lat Am fund

Invesco has launched an offshore version of the Invesco Perpetual Latin American fund, managed by Dean Newman. The Invesco Latin American Equity fund is expected to have a similar asset allocation to Newman’s existing £353m onshore fund, which launched in 1994. According to Trustnet, over five years the onshore fund has delivered a return of […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm