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Friendly face of Foresters retires

Foresters Friendly Society chief executive Bob Pollard retires at the end

of May after 27 years of service.

Pollard, a former president of the Association of Friendly Societies,

joined the Southampton-based friendly in 1973 as secretary of its

second-biggest district.

He says: “I have seen many changes but our traditions still remain firmly

in place – a sharing and caring approach to make simple, low-cost schemes

widely available to members of society on modest incomes.”


Direct Life secures backing in bid to lead term market

Direct Life and Pensions has secured seven-figure backing in its ambitiousbid to become the market leader in the term insurance broking market.The cash has been put up by Lloyds TSB Development Capital.The IFA, which provides low-cost life insurance over the internet andtelephone, is set to recruit 60 new staff in its drive to be the […]

A Window of opportunity

Over the last couple of weeks, I have been looking at issues affectingboth IFAs and the industry in general concerning development of financialservices portals.This has covered both IFAs&#39 needs to develop their own online presence tocommunicate with clients and consumers generally and the industry&#39sapproach to business- to-business portals.A few weeks ago, AssureSoft announced its IFA […]

Parallel win for Tories

The Opposition has scored apropaganda victory against the Government onparallel membership of stakeholder and other pensions.The Conservatives, prompted by the pension industry, tabled an amendmentin favour of concurrency to the Child Support, Pensions and Social SecurityBill at the committee stage in the Lords this week.The Government lost the vote but is expected to reversethe amendment. […]

Networks in offer to buy out retiring members

Networks M&E and Interdependence will use money from new partner MurrayJohnstone to buy out retiring members.The businesses will besold on to members who want to expand.Fund manager and venture capitalist Murray Johnstone became the majorshareholder in the networks when it contributed £7.25m to the recent £17mmanagement buyout.M&E chairman Barry Kayes says the benefits of the […]

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Fit for Work: guidance for employers published

On Friday, the Department for Work and Pensions published its guidance for employers on using the new Fit for Work (FfW) service to help ill employees return to the workplace. It also includes more details on the tax exemption for medical interventions that commenced on 1 January 2015.


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