View more on these topics

Canada Life raises PHI sales target by 25 per cent

Canada Life IFA division is increasing its monthly PHI sales target to 1,250 cases having achieved its target of 1,000 sales in October.


The life office says it was equal fourth in attracting PHI new premium income on sales through IFAs and is only five per cent behind the number three position.


The company says if it meets its sales goals for 1999 it will account for more than ten per cent of total PHI sales in the individual income protection market place.

Recommended

Pru cuts variable rate

Prudential Banking is cutting its standard variable rate for mortgages by 0.5 per cent to 8.2 per cent.The bank says house purchase customers with a Lifetime Guarantee mortgage will see their interest rate reduced to 7.24 per cent and re mortgage customers to 7.35 per cent.Pru Bank mortgage marketing manager Kathy Taylor says: &#34These rate […]

HSBC AM unveils income version of capital protected Pep

HSBC Asset Management is adding a new income Pep to its capital protected range in a bid to provide an alternative to corporate bond Peps.The HSBC Capital Protected Income Pep is capital protected regardless of stock market performance and aims to generate 7.5 per cent a year over a five year term.Investors can utilise both […]

Looking back at 2015

By Fiona Tait, Pensions Specialist 2015 was quite a year for pensions. Change, more change, and proposed changes to the changes. The Spring Budget – pre-election plans With everything that has happened since, it is hard to remember what happened in March. Following on from the bombshell of the 2014 Budget, the Chancellor confined himself […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment