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CGU wins British insurance award

CGU Direct Financial Services has scooped the prize of best life and pensions sales force at the fifth annual British Insurance Awards.

The insurance awards aim to reward companies for demonstrating best practice, professional competitive spirit and service to the public.

The awards are designed as a benchmark for quality service within the industry.

The award was presented to CGU&#39s national sales manager Andrew Duncan at the Royal Albert Hall on July 7.

Commenting on the achievement, Duncan says: &#34CGU is strongly committed to developing its consultants. In return for the company&#39s investment and commitment we have a sales force dedicated to identifying and satisfying all the needs of its customers and aiming to be the best in the market.&#34


Watson Wyatt cautiosly welcomes flexiblity on AVCs

Watson Wyatt welcomes the Inland Revenue&#39s decision to allow flexible payment of additional voluntary contributions, but says it is concerned about the method chosen to implement the changes.The Revenue has decided that if AVC benefits are to be taken before those of the main scheme, it must be paid in the form of income drawdown.Watson […]

The Telegraph launches financial advice service

Sedgwick Financial Services and The Telegraph are set to offer independent financial advice to the papers readers.The new service will be branded Telegraph Independent Financial Advisory Service and will initially be available to 5,000 selected readers on a trial basis.Sedgwick&#39s practice director Andrew Oliver says: &#34We are particularly pleased to see a major brand such […]

Mortgage pressure group calls for repossessions to be stopped

A mortgage pressure group is writing to the Lord Chancellor calling him to halt mortgage repossessions by sub-prime lenders Ocwen.The National Association of Mortgage Victims says the borrowers were miss-sold loans by the now defunct City Mortgage Corporation, which was taken over by Owcen.The association claims Ocwen are unlawfully repossessing homes to minimise their losses […]

Pink Home Loans tops £60m mortgage applications in June

Pink Home Loans is celebrating the completion of more than £60m mortgage applications during June.The figure represents the packager&#39s best-ever month and marked a 30 per cent increase on its previous best month.Managing director Peter Presland says: &#34We use the latest technology to ensure mortgage applications are processed as efficiently as possible and to improve […]

Partied out and penniless

December has left me destitute. My piggy bank lies broken and empty, my lunchtime meal deal feels like an extravagant expense and I’m down to the Bountys in my box of Celebrations. But I won’t mourn my dearly departed pennies. Between buying gifts for loved ones (then deciding to keep them for myself) to treating […]


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