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In the driving seat: There is still time to enter the competition

Michael Houghton omitted Australian Grand Prix winner Michael Schumacher in his selections for the Legg Mason Investors Fantasy Formula One competition but still drove away with the first race prize of a Sony Playstation and Formula One game.

Houghton&#39s 29 points won him victory in the season&#39s curtain-raiser, with David Coulthard the main points scorer in his side. The main competition does not start until the Brazilian Grand Prix on April 1, so there is still plenty of time to complete the entry form on page 24 of the paper to enable you to win fantastic prizes, including Paddock tickets for the 2002 Monaco Grand Prix.

Better (and quicker!) still, click on the &#39Register Now!&#39 link to the left of this page and register there.

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Wealth of opportunity in the workplace

The US experience in financial services is widely banded around as a model that the UK market follows. Worksite financial services are already common in America. Stakeholder offers the key to this door for IFAs in the UK, and opens up an affinity channel that is extremely cost-effective to service for other more profitable business. […]

FAR from the madding life crowd

Leading independent analyst Ned Cazalet of Cazalet Financial Consulting has launched a scathing attack on life offices&#39 free-asset ratios, claiming they are useless and misleading. Cazalet&#39s attack in his IFA Guide to With-profits comes as Chancellor Gordon Brown announces a Myners-style investigation into retail investing which also calls free-asset ratios into question. His analysis of […]

PIA to issue TEP guidance

The PIA has finally agreed to issue guidance to life offices requesting they inform endowment customers looking to surrender their policy of the alternative options.Following months of pressure from market makers and MPs, the PIA said this week it will request life offices inform endowment holders of the possibility of selling their policy on the […]

F&C devises strategy for liabilities

Foreign & Colonial is offering a service to help life offices overcome the black hole of liabilities created by offering guaranteed annuities. F&C says the problem arises because the ultimate size of the guarantee is unknown. It is offering a tailor-made service to give life offices a portfolio designed to compensate for interest rate movements. […]

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