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EasyLife takes off

The EasyGroup empire behind cut-price airline EasyJet and internet shop EasyEverything is set to launch the first of its online financial services operations by the end of the year.

Its first offering will be a comparative term insurance quotation service, EasyLife. Other quotation services, covering products such as pensions, are likely to follow.

Money Marketing revealed exclusively in May that EasyGroup&#39s entrepreneur owner Stelios Haji-Ioannou planned to move into the life and pension market.

EasyGroup promises a number of big players in the life sector will take part, with Norwich Union, Legal & General and Standard Life involved in preliminary discussions.

Its other financial services operation,, will offer online products branded under the EasyGroup name. It will launch next year and may include pension products although personal loans and credit cards are likely to be first.

Director of corporate affairs James Rothnie says: “Financial services is an arena where there is opportunity to reduce prices for consumers and through the internet we can be more efficient and compete with other providers.”


ScotLife says financial strength secured

Scottish Life claims its new deal with Royal London is a vote of confidence for the IFA sector.The life office claims the deal has put paid to much of the speculation over its future survival in the low-cost post-stakeholder pensions arena by providing the company with the financial strength to compete with bigger rivals.ScotLife announced […]

Close Brothers – Close Brothers AIM Venture Capital Trust

Thursday, 12th October 2000.Aim: Capital growth by investing in developing companies in the UKQuoted on the FTSE AIM.Minimum investment: £2,000.Opening &#45 closing date: October 20, 2000 until further notice.Charges: Initial 5 per cent.Commission: Initial 2.5 per cent, renewal 0.25 per cent.Tel: 020 7457 8000.

Aberdeen Asset Management – Global Champions Fund

Friday, 13th October 2000.Aim: Growth by exploiting themes of globalisation, innovation and communication.Minimum investment: £500 lump sum, unit trusts £100 additional, Isas £500 additional, £50 a month.Investment split: US 75 per cent, other 25 per cent. Charges: Initial 4.25 per cent, annual 1.5 per cent.Special offer: Initial charge discounted by 0.5 per cent.Offer period: Until […]

AITC plans new TV drive despite dismal research

The AITC&#39s decision to back the second stage of the “its” campaign with television advertising has prompted mixed reactions across the industry.The next stage of the drive will kick off in January and will include national newspaper and IFA campaigns, as well as targeted regional TV advertising.The last TV campaign, at the end of last […]

US election

Capital Market Notes, November 2016 David Lafferty, chief market strategist at Natixis Global Asset Management, looks at the impact on markets and portfolios since the somewhat surprising outcome of the US election. Click here


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