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DL&P system being used by 142 firms

Direct Life & Pensions says its Intelligent Protection system is being used by 142 adviser firms, including John Charcol, Alexander Hall and Burns Anderson, a year after launch. DL&P is also negotiating with Sesame to offer the system to its members.

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Norwich Union new business volumes rise by 25 per cent

Norwich Union has announced total UK life and pensions new business volumes have increased by 25 per cent from £9,185m in 2005 to £11,507m in 2006.This is before lapse assumption charges and after removing £361m for these lapses, the total sales on a Present Value of New Business Premiums basis is reduced to £11,146m, which […]

Platform to extend trust range

FundsNetwork is designing a further range of trusts for use with its offshore and onshore investment bond and fund offerings.The platform has hired former Prudential taxation and trusts manager Paul Kennedy to oversee the new products.A discretionary will trust, a discounted gift trust and a loan trust will be rolled out by the start of […]

Adviser firms join forces

Essex IFA Scott & Casey Financial Management has bought M&M Financial Advisors.M&M mainly specialises in advice to high-net-worth clients and advising companies on employee benefits.It was set up in 1993 and has three advisers. Founders Fergus Mackenzie and Howard Mayes will remain with Scott & Casey but the third adviser is leaving the firm.Scott & […]

Performing zeal needs training

Fund supermarkets and fund managers are predicting a big Isa season this year but where will the money go?

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