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Divorce &#39best way out of Equitable&#39

Getting divorced could be the only escape route for Equitable Life annuitants, according to The Annuity Bureau.

The specialist IFA claims by using divorce legislation which came into force in December last year, it is theoretically possible that a with profits annuity holder&#39s pension could be transferred from Equitable.

This is because pensions sharing legislation allows a percentage of one person&#39s pension fund to be transferred to a spouse, effectively providing two separate funds.

Head of marketing David Marlow says: “It is a sad fact for Equitable Life annuitants but for those in the process of divorce this could be their only opportunity to leave and improve their future growth potential.”


Neville James launches B2B and B2C website

Neville James has launched a new website targeted at both consumers and IFAs. The site, at, includes instant online quotation facilities, online fund application forms, as well as an extensive range of downloadable literature. The site also includes the facility to view and print detailed information on any individual policy.

Standard Life and Sterling Assurance join AssureWeb

Standard Life and Sterling Assurance are the latest insurers to offer an online new business service to IFAs through the AssureWeb internet trading platform.Standard Life&#39s Capital Investment Bond and Sterling&#39s Unit Linked Bond are now available over AssureWeb and intermediaries can complete business online from quotation to application to submission.AssureWeb now has nine product providers […]

First National launches website

Abbey National subsidiary First National, which offers business finance to small to medium sized companies, has launched a new website for clients.The site at is designed to give firms easy access to its products available through IFAs and directly from First National, the third largest asset finance house in the UK The site lets […]

Brain wave for Ireland

A consortium of lenders led by Bank of Ireland is considering replicatingthe industry-owned Mortgage Brain common trading platform in Ireland. A Dublin e-commerce consultancy working for a number of Irish companieshas recently had a demonstration of Mortgage Brain technology and isunderstood to have lined up meetings with owners Nationwide, Halifax andAlliance & Leicester. It is […]


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