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Ice work if you can get it…

More paddling pool shenanigans last week as Torquil Clark went to great lengths to keep staff cool in its converted church during the heatwave – remember the heatwave? A paddling pool was installed complete with ice cream, ice cubes and cooler packs to help beat the heatwave.

Pensions consultant Rachel Jefferson (pictured below) and marketing communications manager Sue Collins (right) test out the pool.

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Hybrid protection comes in for criticism

British Insurance’s newly launched income protection and payment protection insurance hybrid product has been criticised for not offering guaranteed premiums or cover terms. Lifesearch head of protection strategy Kevin Carr says he is unlikely to recommend the product because the premiums and what the policy covers can be changed at any time by British Insurance. […]

Tenet wants FSA credentials for its support services firms

The Tenet Group is submitting its protection arm Premier and compliance support subsidiary Tenet Support Services for FSA regulation. The company says that although this is not a requirement for these parts of its business, it wants the additional stamp of credibility and authority that it believes regulation will bring. Tenet Group chief executive Simon […]

Mackay leaving Allfunds Bank

Holly Mackay is leaving Allfunds Bank to pursue other opportunities in the industry after a 12-month tenure as UK director at the firm. Allfunds is undergoing a wider management restructure and a replacement is expected to be appointed shortly.

Stormy weather

Scottish Life head of pensions strategy Steve Bee’s warning that we are entering into a “perfect pension storm” should not be taken lightly. He believes that A-Day only accounts for a small part of the upheaval that is yet to be felt by the pension industry, with future changes set to have a much bigger impact which pose a thread and an opportunity to IFAs.

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