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Friends Provident adds 12 best of breed funds to its bond range

Friends Provident has added 12 best of breed funds from six investment managers to its investment portfolio bond and its discounted gift bond.
The managers are Cazenove, Gartmore, Invesco Perpetual, M&G, New Star and Threadneedle. Cazenove, Gartmore and M&G are new to the Friends Provident investment bond fund range.

The 12 additional funds are designed to provide IFAs with an enhanced range of funds and asset classes, from managed distribution to China opportunities, to build diversified portfolios to suit clients needs.

The additions also mean Friends Provident is currently one of two providers to offer access to the new M&G Property Portfolio Fund within a life fund wrapper.


CII won’t give compensation after exam papers are lost

The Chartered Insurance Institute is refusing to compensate advisers whose exam papers were lost last month although it acknowledges that some may lose earnings as a result. Around 300 papers went missing from a Birmingham test centre on October 17 and failed to turn up by the CII’s November 11 deadline. The CII promises to […]

C&G announces closure of Warwick office with 300 jobs to go to India

Cheltenham & Gloucester announced today that it is to close its mortgage application centre near Warwick with 300 jobs to be transferred to India.The remaining 100 jobs will be transferred to other operations in Gloucester and Scunthorpe.According to the Lloyds TSB Group Union, the closure is part of a wider programme transferring work to India. […]

CII set to bring in modular diploma from 2006

The Chartered Insurance Institute is introducing a new diploma in financial planning in 2006 as part of its phased replacement of the AFPC with a new modular system. The changes, eight years after the last review of the AFPC, will reflect changes in the regulatory and distribution landscape. Seven new units will be added including […]

IFP retreats in row over chartered status

The Institute of Financial Planning has backed down from a legal showdown with the Privy Council over the CII’s launch of chartered status. Last month, the IFP accused the CII of trying to undermine its own certified financial planner accreditation with the launch of a chartered financial planner qualification. The IFP says the Privy Council […]


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