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Exchange launches MPPI range

The Exchange is launching a range of mortgage payment protection insurance products, available exclusively to its users.

The Easi Protect Plus range includes single or monthly premium accident sickness and unemployment cover with a maximum monthly benefit of £2,000.

The Standard Easi Protect plan offers ASU cover with a maximum monthly benefit of £1,500.

Exchange FS director of product marketing Chris Baker says: “We have been able to leverage our strong user base to negotiate excellent terms that are available exclusively to users of the Exchange.”


City Assurance Consultants fined £50,000

The PIA has slapped a £50,000 fine on IFA City Assurance Consultants of The White House, 100 Wimbledon Hill Road, London for pensions review failings. The firm, which has also been officially reprimanded and ordered to pay PIA costs of £4,000, is guilty of a number of failings identified in regulatory visits between January and […]

A consumer&#39s VIEW

The Government investigation into long-term savings, announced last month, could have profound and far-reaching effects on the industry, in particular the remuneration of IFAs, and it will undoubtedly speed the day when IFAs have to act like true professionals and charge fees for their services. The investigation is being led by Ron Sandler, former chief […]

The drag trade

Last week, I looked at continuing improvements in life expectancy, the implications of which form what I perceive may be the severest risk with income drawdown recommendations – the probability that annuity rates will continue to fall over the next couple of decades, even if interest rates remain static. I strongly believe that drawdown and […]

ScotLife pension success

Strong employer-based pension sales have sent Scottish Life businesssurging by 30 per cent in the first six months of this year. Pension sales rose from £43.6m to £56.7m in equivalent premiumincome and new company-based business, including group personal pensionsand stakeholder, grew by 40 per cent from £24.2m to £34.1m. Total new business was up by […]

Artemis Global Income: Making sense of global markets

The rally in cyclical ‘value’ stocks paused for breath in February, as investors took a more cautious tone and switched their attention back to defensive areas. In this article, Jacob de Tusch-Lec, manager of the Artemis Global Income Fund, explains how he has positioned the portfolio, given the many economic, geopolitical and policy risks that […]


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