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Hanby heads R&SA&#39s closed life operation

Royal & Sun Alliance has appointed Peter Hanby as new director of its recently closed UK life operations.

Present encumbent Stephan Pater is considering his options after 30 years with the company. Hanby was previously at Prudential and Sun Life Financial of Canada.

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MM staff honoured in ABI awards

Money Marketing won the award for life insurance and pensions trade publication of the year for the second time running at the ABI&#39s annual Financial Media Awards last week.The ceremony at the Royal Lancaster Hotel in London honoured both past and present MM staff, with former deputy news editor Rachel Stevenson, now with the Independent, […]

Cap is unfeasible, say providers

Providers say Sandler&#39s admission that face-to-face advice will at least initially be necessary on his suite of savings products makes the 1 per cent cap unfeasible.Following Sandler&#39s statement at the Treasury&#39s seminar last week, Norwich Union attacked Sandler&#39s proposals, claiming he did not do any work to determine if 1 per cent was viable and […]

Abbey National FundsCentre – Asia Pacific

Wednesday, 16 October 2002 Aim: Growth by investing in Britannic Pacific growth, Henderson Pacific capital growth, JPMF Asia A, Newton oriental sterling reinvested funds Minimum investment: £1 Investment split: Choice of Britannic Pacific growth, Henderson Pacific capital growth, JPMF Asia A, Newton oriental sterling reinvested funds Income facility: Yes Charges: Initial up to 2.25%, annual […]

Unpaid debt prompts IFA into action against MPPI firm

Scunthorpe-based IFA Independent Financial Advisory Services is threatening to take further action against mortgage payment protection insurance provider Mortgage Protection UK after it failed to pay commission owed to the firm or show up for several court hearings.MPUK has owed Ifas £2,505 in commission since January 2001. This has now been increased to £5,365 by […]

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