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Citisolutions sales staff get back on the road

Citisolutions now has over 100 salespeople out on the road after registration and certification blunders led to the group having to ground 2,000 of its “introducers” last month.

Citisolutions still has 1,200 of its salesforce sitting through in-house training while a further 700 are fully certified by the group but awaiting registration with the FSA.

Compliance director Ian Hammonds left shortly after the debacle and although Citisolutions is still seeking a full-time replacement, his role is being overseen on an interim basis by Ed Hoffman, a member of the US-led management which helped set up the business in the UK in 2003.

Spokesman Adrian Russell says despite the current situation, the group’s sales, which primarily comprise basic adv-ice products such as term and life insurance underwritten by sister company CitiLife, continue to improve.


A Brit of all right on the night

A fun night was had by the Diary at the Brit awards last week courtesy of Scottish Widows, not least the opportunity to glam it up in a limo en route to the pop party of the year.

Resolution Life to contract back in R&SA policyholders

Resolution Life has written to 50,000 policyholders with Royal & SunAlliance Life personal pension plans who are contracted out of S2P to inform them they will be contracted back in by the end of the tax year unless they write back and inform Resolution otherwise. Resolution has also confirmed it has ditched attempts to buy […]

Tax avoidance (the fight goes on)

In recent times, we have witnessed high-profile celebrities and sports stars make the headlines for potential tax liabilities on ‘failed’ tax avoidance schemes. We are now used to reading about these individuals, but what about those who advise on such schemes? Read more


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