View more on these topics

Exchange offering investment bond quotes

The Exchange is rolling out a comparative quotation service for investment bonds from eight providers.

The service allows IFAs to obtain and compare quotes for 39 investment bond products from the providers.

Companies signed up for the service so far are Prudential, Friends Provident, NPI, Norwich Union, Royal & Sun Alliance, Axa Sun Life, Scottish Mutual and Skandia Life. A further four providers are in the final stages of testing with the portal.

Applications for Prudential investment bonds can be submitted electronically.

IFAs can also transmit application forms for other types of products, such as term insurance, to six providers, including Axa Sun Life, Legal & General, Friends Provident and Norwich Union.

Exchange FS senior product marketing manager Stephen Wynne-Jones says: “Research shows us the majority of IFAs produce more than one client-specific quote when advising on investment bonds.

“We have developed a comparative quotation service that can save them considerable time when preparing to advise their clients. This will be linked into our new business service, enabling IFAs to transact bonds online and showing our commitment to developing a portal that is much more than just a quotation platform.”

Recommended

Michael Both

It&#39s official – the lunatics are in charge of the asylum.Having spent more than 10 years raising standards so high that only a weightlifter can carry a key features document, illustration and reasons-why letter at the same time, apparently anyone will be able to sell anything to anyone in future – so long as they […]

Diggle still has an IFA role at the Revenue

Former Treasury head of home financial services Paula Diggle will continue to exert significant influence over IFAs as she begins her new job at the Inland Revenue next week.Diggle was until recently the senior civil servant in charge of the industry at the Treasury and will now be deputy director savings and pension schemes policy […]

Paragon offers refurbish and buy to let

Buy-to-let mortgage specialist Paragon Mortgages has designed its buy and refurbish to let mortgage in response to incentives for property renovation that were announced in the March 2001 budget.The mortgage allows borrowers to buy run-down properties and develop them to let. The finance for development is granted up to 70 per cent of the original […]

First National brings in self-cert discount

First National Mortgage Company has introduced the 2.5 per cent discounted fresh start mortgage.The mortgage is aimed at homebuyers who are self-employed and who have difficulty in proving their income. Either first time buyers or people who are looking to remortgage can apply for the mortgage.Fresh start has a 2.5 per cent discount, giving it […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment