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IFAs as important as doctors and nurses, says Swiss Life

Independent advice is critical to the provision of protection cover says Swiss Life in its new campaign promoting IFAs. The group critical illness market leader says IFAs are as essential as a doctor or nurse in its “Hero” campaign when it comes to critical illness cover. Swiss Life has also announced a number of enhancements to its group CI plan including increased maximum free cover to £250,000 from £150,000 for 100 or more lives, maximum benefit increased to £1m from £500,000 for non-flexible benefit schemes and introduction of dependant&#39s cover option, improved children&#39s benefits to £25,000 from £20,000 or 25 per cent of the member&#39s benefit, whichever is less.


Sun Bank cuts rates

Sun Bank is reducing interest rates across its mortgage products in response to the lowest bank base rates since 1963.Flexible mortgages with a discount to July 1, 2002 are now at 3.99 per cent. Fixed rates of 3.99 per cent are available to January 1, 2004. Other rates apply for different terms.Discounted variable rates are […]

English Mutual aims to grow into national brand

IFA English Mutual Wealth Management, which launched in August, says it aims to become a leading brand with 120 advisers by next year and 200 by 2005.The Worcester firm was formed from Alex Morley & Co IFA, which was set up in 1997 with a focus on high-net-worth and corporate clients. It aims to build […]

Marlborough Stirling purchase of Exchange FS approved

Marlborough Stirling&#39s proposed acquisition of Exchange FS Group has been approved by the DTI. The Cheltenham based financial services software provider announced its £87m bid for the Exchange in September.


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