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Halifax top in press stakes

Halifax and subsidiary Intelligent Finance have taken top spot and third place in Press Watch&#39s May ranking of national media coverage of financial services companies.

It gained the top spot due to the positive coverage itreceived on a range of issues.

Halifax beat Prudential online banking arm Egg by 100 points. Third was Intelligent Finance, the internet subsidiary of Halifax, which will be launched soon.

To date, Egg is the most successful online bank, with considerable press cover-age over its recent flotation.

Bottom of the list of 450 companies from across many industries is Royal Liver. Its name only appeared in five stories and four of those were negative coverage.

A number of building societies also came in for criticism, including Darlington, Teachers and Buckinghamshire, which all finished in the bottom part of the list.

Barclays made a dramatic recovery from 521st to 18th place, after poor press coverage in April over its policy on cash machine charges, the closing of nearly 200 branches and statements by chief executive Matthew Barrett over the size of his salary package.

Presswatch spokesman Timothy Crane says: “Any mention of a company&#39s financial product is good as it gives it awareness. We then look at whether the mention was positive, negative or a straight news story.”


Bupa targets smaller firms with revamped PMI plans

Bupa is revamping its range of small company private medical insurance plans in a bid to attract firms to buy PMI for the first time.Its Premier Cover Max and Premier Network Max schemes provide comprehensive inpatient cover and outpatient costs in full, including consultant fees, psychiatric treatment, pathology and X-rays, although the Network scheme cover […]

Mission possible

Many IFAs will be looking long and hard at their business strategies in anticipation of key influences such as stakeholder pensions, new technology and demographic shifts.Often this requires a critical review of the company&#39s mission, vision and business objectives. To help facilitate this process, it may be helpful to define these expressions.Let&#39s start not by […]

Software gives compliance early warning

Financial software company Synaptic Systems has developed an early warning system which alerts networks to IFA compliance breaches before regulatory visits.The pre-compliance software enables networks to follow their IFAs&#39 tracks as they complete the sales processonline – but only if the IFA consents.The audit trail is submitted to the network&#39s compliance department where it can […]

Tories step up bid to scrap share stamp duty

The Conservatives have launched a two-pronged attack on the Government over its useof stamp duty.The Tories claim stamp duty on share dealings must be abolished or business will flee Britain for more tax-friendly climates. Speaking before the Treasury select committee last week, Tory shadow chief secretary David Heathcoat-Amory called on the Government to abolish the […]

Leading Edge – April 2017

There is little doubt 2017 will be a year of political uncertainty. Leading Edge is Royal London Asset Management’s regular review of investment markets. This edition explores some of the impacts that this uncertainty is having on investors, from the pitfalls of prediction within UK equity investing to the dangers of opting for convenience over […]


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