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Igroup set to take GE name in rebrand

Igroup is looking ahead to a possible rebrand using parent GE&#39s brand name in a bid to strengthen its position in the market.

Head of communications Bob Sturges says igroup is looking at its opt-ions with a view to rebranding using the GE name within 18 months.

He says indications from brokers show they would be keen to see a rebrand but no firm decision has been made.

Brokers say that although igroup has cleaned up its act, it reputation has been damaged in the past and a rebrand would be good news.

Sturges says: “The reason that we have not rebranded so far is that igroup has a strong brand and market presence among intermediaries. However, I am personally keen to rebrand as GE.

“It&#39 is something that I think brokers would like to see and it would strengthen rather than diminish our position. We are looking at possibly doing this in a year to 18 months but at the moment it is something we are moving towards rather than a firm decision.”

Mortgageforce managing director Rob Clifford says: “igroup appears credible and well supported today but it still suffers from reputational damage in the past.

“Brokers have a long memory when it suits them. A rebrand would be a good move as it would attract a greater proportion of the generalist broker community.”


Friends Prov International release new offer

Friends Provident International has launched another international savings plan offer which it says gives investors access to better returns for their money. Until 31 December 2003, the life office will increase the standard allocation on many regular contributions. As an example, Friends says an investor contributing £250pm for a 21-year term would receive an extra […]

Coventry Building Society – Self Cert 1.06% Discount

Type: Discounted-rate self-certification mortgage Discount: 1.06% Discounted term: Until August 31, 2006 Payable rate: 4.48% Minimum loan: £1,500 or 5% of purchase price Maximum loan: Up to 85% of valuation subject to a maximum of £350,000 Income multiples: Up to 3.5 times principal income plus second or 2.75 times joint. Arrangement fee: £295 Redemption fee: […]

Clerical sees end of boom in non-regulated products

The boom in IFA sales of non-regulated products will come to an end when regulation of protection and mortgages comes into force next year, Clerical Medical has warned.Head of sales Graeme Riddoch, speaking at Bankhall&#39s 10th anniversary conference in Barcelona last week, said he believed regulation would increase the cost of these products but would […]

Suite and sour

The Government and the Consumers&#39 Association are once more coming to blows over consumer protection in the financial services industry.The bone of contention is the amount of consumer protection that should be contained in the European Commission&#39s investment services directive, presently in draft form and designed to be the most dominant piece of regulation for […]


Natixis Global Asset Management’s quarterly Portfolio Barometer offers insights into UK financial advisers’ model portfolios and the allocation decisions they are making. Natixis’s Portfolio Research & Consulting Group works with financial advisers and other intermediaries to analyse and enhance their model portfolios and help them develop investor portfolios suited to today’s complex markets. The Portfolio […]


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