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CJD furore sees doctors taking out critical cover

Specialist IFAs are seeing a sharp increase in the number of medical professionals taking out critical-illness cover as a result of fears over CJD.

Hatfield-based IFA Portfolio Insurance Consultancy principal and deputy chairman of Aifa&#39s critical-illness working party Brian Lentz says, due to a number of recent medical horror stories, medical professionals are taking out more coverage. He says: “CJD would be certainly be one of their concerns but it would not be the only one.”

Onion Group partner and doctor Penny O&#39Nions says: “There is a significant rise in the number of doctors taking preventive measures to protect their future and their families. These are not just critical-illness policies but also PMI and term products. There is an increase in the type of critical-illness products because of CJD.”


Schroders look at UK growth

Schroder&#39s UK dynamic growth fund is aimed at investors who are looking to expand their portfolio by investing in promising companies in the UK.UK dynamic growth will track the Salomon Smith Barney broad market UK growth index. It will invest in companies that show good growth potential across a wide range of sectors. This will […]

DBS recruits Duff

DBS has announced the appointment of Howard Duff as network recruitment manager for the north of England. Duff&#39s will be forming part of a new team to spearhead the company&#39s drive to build its member base. He was previously development manager with Misys IFA services where he was in the sales team responsible for recruiting […]

Classroom courses on cash values

The industry knows well informed consumers are better equipped to understand their finances and the best place to start educating the public is in school.The Government is encouraging the public to take more responsibility for their finances. By the time the next generation of children grows up it is likely there will be very little […]

Sink or swim in the stakeholder pool

The aim of stakeholder is to increase the proportion of pension funding that comes from private savings. Getting some five million people into stakeholder pensions is a task the Government has sub-contracted to private-sector companies such as IFA firms and life insurance groups.Like any other private-sector sub-contractor, we each have our own stakeholders who look […]

Tax year-end planning for annual allowance

Last tax year-end there was a lot to think about in relation to planning. The introduction of the tapered annual allowance and the implications of moving to a fixed pension input period, the reduction in the lifetime allowance and potentially applying for protection, and the concern about changes to tax relief, to name a few. […]


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