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Focus survey reveals PMI growth

The latest Money Marketing Focus Healthcare Survey, published this week, includes details of more than 200 products including critical illness, long-term care and healthcare cash plans.

The healthcare survey also reveals that there

has been significant growth in the private medical insurance market. Copes are available by calling 020 7292 3730.

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New compensation scheme declares 48 IFAs in default

The Financial Services Compensation Scheme has declared 48 IFA firms in default so far this year. The first figures from the scheme, which took over officially from the Investors Compensation Scheme this month, reveal a drop of 12 firms defaulting compared with the same period last year. Around 360 firms slid into default in 2000, […]

Product matters

With the introduction of stakeholder pensionsa profound change is taking place among the serious players in the personal pension market. Price is being driven down. To compete with the Catmarked stakeholder plan, personal pensions will have to exist inside the 1 per cent structure or demonstrate better value in some way. Or perhaps it is […]

IF starts 24 hour IFA service

Intelligent Finance is launching a new online service for IFAs allowing them to place clients&#39 business direct with the bank 24 hours a day. Through the website www.brokerinfo.if.com, IF registered advisers will also be able to monitor the progress of clients&#39 applications and check completed cases.

Scottish Mutual with-profits bonus rate cut

Scottish Mutual annual bonus rate on its unitised with-profits pensions is down to 6 per cent from 6.75 last year. Unitised with-profits life annual bonus is at 5.25 per cent, down from 6 per cent. On traditional with-profit life policies reversionary bonuses stay at 2 per cent on the basic benefit and 4 per cent […]

Neptune launches Japan Institutional Fund

By Chris Taylor, Investment Director, Head of Research Neptune is excited to announce the launch of the Japan Institutional Fund on 22 June, having disclosed to the market in March its intention to offer the product. The Fund will be managed by the highly-regarded Chris Taylor, Head of Research and manager of the long-running Japan Opportunities Fund. It will invest in the same underlying stocks as the Japan […]

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