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Friends Provident takes stake in Home of Choice

Friends Provident has made a substantial investment in network Home of Choice.

Money Marketing understands the investment will see the life office take a minority stake in the firm, which was created last year.

Friends last month announced the closure of its own mortgage network Friends Orion.


Redwood says revenge is riding roughshod over regulation

Former Cabinet minister John Redwood says “wrongful and vengeful Government policies” are overriding regulationSpeaking at his economic competitiveness group fringe event, Redwood said Chan- cellor Gordon Brown’s raid on pension funds shows that sensible Government policy rather than overbearing regulation is required to govern the industry and ensure consumer protection. Redwood said the decline in […]

Sipps go ballistic with £2.5bn sales

Sipp sales have rocketed since A-Day to become a £9bn a year business but group Sipps have failed to take off so far, according to senior industry figures. Speaking at a Money Marketing Sipp round table, Standard Life head of pensions policy John Lawson pointed to recent figures from the Association of British Insurers which […]

Axa raises bonuses for with-profits

Axa has raised the regular bonus rates on its two with-profits funds by up to 0.75 per cent. The move means investors could see an increase of up to 6 per cent in payouts on the Axa Sun Life with-profits and the Sun Life Assurance Society with-profits funds. Regular bonus rates on ASL’s with-profits bonds […]

Skipton launches rate rise protection with 7-year fix

Skipton Building Society has launched a 7-year fixed rate mortgage. The news comes amid expectations of an imminent base rate rise to 5 per cent, which many commentators say is leading borrowers to protect themselves against such rises with longer term fixes.Thee two options for the mortgage are a rate of 4.99 per cent with […]

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Healthcare predictions for 2015 from Jelf Employee Benefits

The continuing fall-out from the Competition and Markets Authority’s (CMA’s) review, the rise of the private GP and digital engagement will be the primary focuses in the private healthcare industry during 2015, according to Iain Laws, managing director, healthcare and group risk, at Jelf Employee Benefits.


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