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IFAs to provide details of Y2K arrangements

The PIA is demanding large IFAs that pose the greatest potential risk of Year 2000 failure provide details of their arrangements.These firms have been asked to complete a Year 2000 Completion Statement which has to be signed by a firm&#39s senior executive officer, to confirm sufficient action has been taken to ensure business continues as […]

NatWest swipe at BoS

NatWest has hit out at the Bank of Scotland claiming it is avoiding key questions over the Edinburgh-based bank&#39s £22bn hostile takeover bid.The beleaguered bank also says BoS&#39s proposals do not stand up to examination and are characterised by rhetoric rather than detail.

Life office new business leaps 20 per cent

Sales of life insurance, pensions and investment totaled £9.5bn in the third quarter of 1999, an increase of 20 per cent on 1998.Overall the value of life insurance policies sold rose 31 per cent to £6.5bn, while pension sales fell by 8 per cent to £1.3bn.Sales of Isas and Oeics were also up 8 per […]

Standard Life spend £1m on Savings and Mortgage IT System

Standard Life Bank is updating its existing IT systems for mortgages and savings in a move to penetrate new markets.The bank has signed a contract for £1,000,000 with Lynx Financial Systems, and intends to add to its portfolio of telephone banking products.


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