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Direct Line plans move into pensions

Telephone-based insurer Direct Line plans to start selling personal pensions next year.

Direct Line, a subsidiary of Royal Bank of Scotland, will offer pensions through Direct Line Life, its 50-50 joint venture with Scottish Widows. It is still waiting for approval for the move into pensions from the DTI.


Investment view

It was with some alarm that I heard on the radio at the end of last week that electrical giant Philips is to move its headquarters from the small town in southern Holland it dominates to Amsterdam. Philips has been one of the success stories of recent years. Having suffered in the 70s and 80s […]

Britannia Life tightens up drawdown training

Britannia Life is tightening its income-drawdown requirements for its broker consultants by forcing them to pass tough new exams. Seventy-six consultants sat an in-house exam after a three-month course. Two consultants failed the exam but nearly half passed with flying colours, achieving scores of 75 per cent or more. The two who failed will undergo […]


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