View more on these topics

CGU announce first quarter results


CGU Life has announced a 27 per cent increase in new life, pensions and investment business.


Results for the first quarter 1999 show new annualised premium income has risen to £122m from £97m over corresponding figures for last year.


UK single premium business was up 53 per cent to £864m from £565m over the same period. But annual premiums were down on last year at £36m from £40m a fall of 10 per cent.


Single premium pension sales were up 40 per cent to £196m from £140m on the same period last year.


But its was single premium Peps and unit trust sales that witnessed the highest sales up 166 per cent to £259m from £97m.


Recommended

FSA to launch on-line register

The Financial Services Authority will launch an online register of authorised firms on 29 April.The Central Register website will enable the public to carry out basic authorisation checks on firms they are thinking of dealing with. Being authorised means that a firm meets the regulator&#39s standards of honesty, financial soundness and competence and offers safeguards […]

TMO launches buy-to-let mortgage range

The Mortgage Operation (TMO) is launching a portfolio of five products in response to the increasing demand for buy to let mortgages.TMO marketing director Frank Butler says: &#34Recent figures for buy to let mortgage sales over the last three months total £290 million – an increase of 36 percent compared with the previous quarter.&#34TMO&#39s new […]

Fleming Asset Management ISA delay an advantage

An apparent setback to Fleming Asset Management&#39s ISA – its launch was put back to 4 May due to IT difficulties- may actually turn out to work in their favour.Fleming investment sales director Phil Jefferson says: &#34The Fleming ISA will not be available until next month. We feel this is not necessarily a disadvantage. There […]

Aon Consulting appoints head of investment research

Aon Consulting has promoted Claire Lumsdaine, head European investment research to overall head of investment research.The move combines the European role with the UK role previously held by Paul Richards, who is moving to Friends Ivory & Sime.

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