View more on these topics

Eq Life chairman may stand as MP

Equitable Life chairman Vanni Treves has been tipped to stand as an MP at the next general election in an attempt to force the Government to accept the Ombudsman’s findings into the collapse of the life office.

A group of Equitable policyholders are believed to be urging Treves, who will retire later this year, to stand as an independent member of parliament.

Policyholders are still being denied compensation from the Government after losing money when the firm collapsed, despite Parliamentary Ombudsman Ann Abraham finding the Government partly responsible.

One source close to the chairman said Treves sees entering politics as the only way to ensure justice for the victims.

An Equitable Life spokesman says: “He is furious about the failure of the Government to accept the Parliamentary Ombudsman’s recommendations and is keen to find any way to fight for policyholders.

“Some policyholders have suggested he stands as an MP. Obviously it is early days but it is something to think about.”


Aifa opens online RDR academy

Aifa has launched the first phase of its online business academy, developed with Skandia, to help firms meet RDR requirements. The first phase offers a tool to generate a business action plan.

Life lessons

Last week’s publication of the next phase of the FSA consultation process on the retail distribution review has reconfirmed the death of commission as a method of paying for independent advice.

Naming a reward programme

Six tips to get your reward programme name right

by Debra Corey, group reward director  Choosing a name isn’t easy. Whether it’s for your new puppy, a bundle of joy or your reward programme, a name determines a first impression – and often a lasting memory. When it comes to your reward programme, the name will determine how your employees feel about it even before […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm