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Citibank widens advisory service and fund range

Citibank is expanding its UK investment advisory service to include in-house investment advice and a broader range of equity funds.

The Citibank UK Investment Advisory Service includes access to JP Morgan Fleming Asset Management&#39s Isa and Oeic range. The service provides financial reviews and investment recommendations tailored to customers&#39 needs. It is available to Citibank customers with a minimum of £10,000 to invest.

Products already available on customers&#39 investment portfolios include capital protection bonds, time deposits and premium deposits.

JPMF head of UK sales Mark Campbell says: “We welcome the enhancement of Citibank&#39s service and are delighted that JP Morgan Fleming has been selected as the investment manager.”


Abbey to raise Pegasus CI rates

Abbey for Intermediaries says it will increase critical-illness premium rates for Pegasus whole-of-life contracts. Abbey is writing to IFAs this week to tell them that the new rates start in May 23. Average increase for new maximum cover cases with CI will be 23 per cent and 28 per cent for new standard cover cases. […]

Group protection offer from Unum

UnumProvident has launched a new product in its group protection product range called Capital Option. The product pays income benefits for an incapacitated employee for two, three or five years. It also will provide a lump sum to an employer to, for example, enhance a pension if an employee is unable to return to work […]

B&B to create first high street multi-tie

Bradford & Bingley has announced plans to multi-tie its Marketplace franchise, which would result in the creation of the first high street multi-tied operation. The results of a strategic review revealed today see it multi-tying its 740 in-house IFAs which sit under the Marketplace brand in its branches while it will seek to sell its […]

Standard&#39s Crombie to state the case for keeping commission

Standard Life says it intends to fight the industry&#39s corner on commission and prove it is in the best interests of the consumer in front of the Treasury select committee next week. Chief executive Sandy Crombie will appear before MPs alongside chief executives from rival insurers Aviva, Legal & General and Prudential as part of […]

Tax year-end planning with the family

From the Technical team at Prudential Let’s face it, many aspects of financial planning involve a lot of technical detail. At our face-to-face events, we’ve had great success bringing these technical topics to life through the use of practical case studies. Meet the family Prudential’s Planning Matters hub brings together a fictional family and explores […]


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