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C&G introduces incentives for intermediaries

Cheltenham &GLoucester is introducing a range of incentive payments to intermediaries selling its general insurance products such as building & contents and mortgage payment protection.

Insurance incentive payments will only be made on condition that a loan of a minimumof £25,000 is arranged through C&G. A payment of £25 will be paid for building and/or contents insurance. While those arranging payment protection will receive £50. When all three are sold the incentive is £100.

Sales director Nick Hale says: “The launch of our insurance incentive payments is yet another way in which we can demonstrate that C&G recognise the importance of intermediaries to our business.”


IFA warns drawdown reforms may alienate investors

Inland Revenue proposals to limit the death benefit available from drawdown plans will further undermine confidence in pension saving, warns The Drawdown Bureau.The IFA claims that the reforms will benefit life companies to the detriment of investors.Under current rules, if a drawdown investor dies before age 75, the spouse can take the pension fund as […]

Parents not saving for university costs – AITC

The Association of Investment Trust Companies&#39 latest research shows that 41 per cent of parents are not saving any money towards their children&#39s university education.

Skandia brings fee-based pensions to group market

Skandia has introduced a group personal pension and a groupexecutive personal pension within its single price pension range thatis designed for fee-based advisers. The series six group personal pension &#45 single price and series sixgroup executive personal pension &#45 single price products have noinitial charges and the annual management charge is constructed sothat IFAs can […]

Davy&#39s Terrier instinct

Yorkshire sports magnate Ken Davy has extended his interest from the oval ball to the round ball game with a successful bid to take over Third Division side Huddersfield Town.Simply Biz founder Davy, who already owns the Giants, Huddersfield&#39s rugby league side, now becomes head honcho at The Terriers.Fans will hope his networking capabilities will […]

International jurisdictions

By Neil Jones, Canada Life Investing through international providers has grown in popularity over recent years as investors seek out the benefits of gross roll-up and the wider range of investment options that can be available. When considering a recommendation for a lump sum investment, not only does the adviser have to select a suitable tax wrapper […]


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