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Digest

Pru bond holds bonus at 3.25%Prudential is holding its Prudence Bond annual bonus rates at 3.25 per cent for the third consecutive year. In an early announcement, Pru says the annual bonus will be applied from March 1, 2005. The final bonus for 2004 was 1.75 per cent. PruBond has 375,000 investors and £12bn in assets.

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After five years of fighting the IFA corner for all he was worth, Aifa director general Paul Smee announced he would be leaving in December to join the Association for Payment Clearing Services as chief executive.

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Shifting the burden of misselling liability from IFAs to product providers will be a top priority for the Personal Finance Society when it launches in the New Year.

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I have recently read two articles on trail-based commission (Money Marketing, November 11) and, while I largely agree with the comments made, I would like to draw attention to the following. Neither of the articles made any mention of the need for providers to also change their stance. If the industry is now going full […]

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White paper — Nigeria International Insights

Jelf Employee Benefits closely examines healthcare provision and challenges within Nigeria. This will be of particular interest to HR decision makers with employees based in Nigeria, and assesses the environment, risks, facilities and safeguards that are relevant to organisations that are actively deploying expatriate staff in this location.

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