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Dunbar brand to fade away

The Allied Dunbar brand is set to all but disappear by next year following Zurich&#39s decision to ditch the name from its pension range.

The move follows the renaming of the Dunbar franchise network as Zurich Advice Network this week. Dunbar will only exist as a protection brand where Zurich believes it has a strong reputation. The Eagle Star and Threadneedle brands look set to be retained at present.

Zurich intends to expand its external fund links to become a multi-manager to rival Skandia. The present 10 fund links will be made available on all its investment products.

The group is looking at whether to offer a stakeholder for the group market from another provider.

ZAN wants to recruit from the IFA market, saying its old model of recruiting by volume has not always worked. It believes the uncertainty over polarisation means that many IFAs are seeking security.

ZAN media relations manager Sandra Paul says: “Over the next few months, Allied Dunbar will remain a pension provider but the aim is for it to become a protection-only provider.”


Job losses as Misys merges portals

Up to 35 jobs could be axed following the integration of Misys&#39 m-link and DBS&#39s Assuresoft portals announced last week. The move follows Misys&#39 purchase of DBS in July. Thirty-three jobs are set to go with the closure of Misys&#39 m-link development team in London. The futures of Assuresoft managing director Mark Lofthouse and marketing […]

FundsNetwork increases partnerships

Fidelity&#39s FundsNetwork has signed white-labelling deals with online bank Smile and IFAs Allenbridge and Rosan Helmsley. The move brings the fund supermarket&#39s white-labelling partners to 11.Fidelity is also adding two new fund groups to the platform. Gerrard Investment Funds and First State Investments take the total number of providers to 36, offering more than 525 […]

Name change for Dunbar network

The Allied Dunbar franchise network has been relaunched as the Zurich Advice network in a bid to reinvent itself as a professional salesforce. The network has been fraught with troubles over the past six months following compliance failings that led to the salesforce being pulled off the road to undergo intensive retraining. Zurich has now […]

Marsden Building Society – Flexible Mortgage

Monday, 3 September 2001.Type: Discounted rate flexible mortgage.Discounted term: Six months.Discount: 1.5 per cent.Payable rate: 4.8 per cent.Minimum loan: £30,000.Maximum loan: Up to 90 per cent of valuation subject to no maximum.Income multiples: Three times principal income plus second or 2.5 times joint.Features: Overpayments, payment holidays, lump sum withdrawal, interest calculated daily.Arrangement fee: £295.Redemption fee: […]

Sticking to valuation discipline when investing in China

Journalist Alexis Xydias discusses the opportunities – and potential pitfalls – of investing in China with Artemis fund manager Peter Saacke. With Peter holding significant positions in China in the Artemis funds he manages, journalist Alexis Xydias quizzes Peter on the risks of investing in Chinese stocks – including over-valuations, margin trading and financial reporting issues. Click here for video


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