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Consumers&#39 Association welcomes Sandler

The Consumers&#39 Association has savaged the financial services industry in its welcome of the publication of the Sandler review of medium and long-term consultation document.

CA head of policy research Michelle Childs says: “The long-term savings industry which funds most pensions and mortgages is in need of an urgent overhaul to transform it into an industry fit for its purpose.”

Childs says: “For too long consumers have had to put up with poor advice, poor products, high charges and incomprehensible language. This review must challenge the existing balance between policyholders and shareholders to make sure that the consumer&#39s interest is put at the heart of the industry.”


Boost to IFA sales of Unum protection plan

Unum says sales of its group income protection product sold primarilythrough IFAs has increased by 30 per cent to £12.7m in the first halfof this year from £9.7m in the same period last year. Overall saleswere up by 18 per cent to £34.5m from £29.2m.

Canada Life website link to Fidelity

Canada Life is adding links to three of Fidelity&#39s funds to include Canlife Fidelity Managed International Fund, Canlife Fidelity European Fund and Canlife Fidelity Wealthbuilder.Customers investing a lump sum into Canada Life&#39s life and pensions products, including the Annuity Growth Account now have the choice of the above funds, 12 funds from Merrill Lynch, three […]

SecurityPLUS single premium equals Berkeley Alexander

Berkeley Alexander has designed an accident, sickness and unemployment (ASU) mortgage protection plan called SecurityPLUS.SecurityPLUS is available for homeowners between the ages of 18 and 60 and provides five-year cover for a single premium.The single premium is three times the required monthly benefit. For example, homeowners requiring monthly benefit of £400 will pay a single […]

Berkeley Alexander – Securityplus

Thursday, 26 July 2001.Type: Accident, sickness and unemployment cover.Maximum benefit: £2,500 a month or 75 per cent of monthly income, whichever is higher.Benefit payment term: 12 months.Deferred period: 30 days.Premium: Single premium of three times the monthly benefit.Commission: Initial 30 per cent of premium.Tel: 01273 477784.

Can you put a hat on?

By Sarah Scott, marketing consultant You might think the question in the title is a strange one. Perhaps even more so when you learn that it’s one of several asked as part of an assessment for Employment Support Allowance eligibility in the opening scenes of the 2016 film, ‘I, Daniel Blake’. Daniel is a carpenter […]


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