View more on these topics

Canada Life revises two bonds

Canada Life has revised two of its bond products, the Estate Preservation Bond and the Income Protection Bond by changing the remuneration options IFAs have on them.

While maintaining the 4.75 initial commission it currently offers to IFAs, the life office has added the alternative of 3 per cent initial and 0.25 per cent trail commission to both bonds.

In recognition of the fact people are living longer, Canada Life has also increased the maximum age limit on maturity on both products to 110 from 100 years.

Recommended

Julian Gibbs

Close Brothers Investment, the market leader in tax-efficient products, has come up with a brilliant idea which avoids inheritance tax immediately for those aged under 77 years old and in good health. For older investors or for those in poor health, inheritance tax is avoided after just two years of qualification.Furthermore, the investor retains full […]

A consumer&#39s view

The outcry following the FSA&#39s proposal to scrap polarisation is notgoing to go away and quite right, too. It is hard to see how such amove could benefit consumers in the long term.The proposed changes to allow multi-ties and compel IFAs who want toretain true independence to charge fees owe less to any concern forconsumers […]

Lofthouse new chief at Brain

Trading platform Mortgage Brain has named former managing director ofthe Assuresoft portal Mark Lofthouse as its chief executive.Lofthouse, 41, one of five directors to leave DBS&#39s portal followingits acquisition by Misys last July, says the equ-ity backing given toMortgage Brain by six major lenders makes it an attractiveproposition for intermediaries.He says he plans to ann-ounce […]

Jupiter goes for distribution

Jupiter has introduced the distribution fund, a unit trust that aims to produce income of 5 per cent a year with the potential for capital growth. This unit trust invests 65 per cent in corporate bonds and other fixed-interest securities, with the remaining 35 per cent going into high-yielding UK stocks and shares. The corporate […]

Healthcare regulation amalgamation predicted for Gulf states

While Dubai is leading the way in terms of legislating for expat healthcare in the Gulf, Qatar, Abu Dhabi and others are watching and learning – that’s according to Jelf International’s director of international services, Doug Rice. He believes the pace of change in the Gulf states will continue and that some level of unified healthcare system will be introduced across the region.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com