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Fairclough quits as Ailo chief exec

Association of International Life Offices chief executive Stuart Fairclough has resigned after two years to pursue other interests. A meeting is taking place at Ailo next week to decide if a replacement needs to be found.


Lifesearch claims Paymentcare is mislabelling ASU and MPPI

Lifesearch has lashed out at Paymentcare, claiming it is mislabelling ASU and MPPI as income protection. The firm says many general insurance firms are not following FSA treating customers fairly principles because they are promoting ASU and MPPI products as income protection. Paymentcare has been pinpointed as one of many prov-iders which Lifesearch says may […]

Schroder income maximiser – enhancing client income in a low return world

Trying to generate a high income from investments during times oflow inflation, low bond yields and low interest rates can be very difficult. To try and achieve this in the current environment, many funds are investing in very high-yielding stocks, or higher-yielding bonds – which may mean greater risk to investors’ portfolios. Equity income funds, […]

‘Biggest climbdown in legal history’ costs Equitable Life 30m

Equitable Life has dropped its 700m High Court claim against its former auditor Ernst & Young and faces a 30m legal bill. In what E&Y barrister Mark Hapgood called “the biggest climbdown in English legal history”, Equitable dropped its claim – originally for 2.6bn – after the evidence of former directors blew the society’s case […]

Why your clients need some tough love

In any relationship that matters, professional or personal, you should be upfront with someone if you think they’re making a decision or doing something they might later regret. Being honest with someone and having their best interests at heart, however hard the message, is key to building trust in any relationship. So how does this […]


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