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Independent focus pays off as R&SA grows business by 85%

Royal & Sun Alliance achieved an 85 per cent increase in life and pension

business through IFAs in the first quarter of the year.

IFA business grew to £293m in the first quarter compared with £158m during

the same period in 1999.

Total UK life, pension and non-life investments were up by 76 per cent in

the first quarter against the same period in 1999.

The Liverpool-based insurer says the growth occurred as a result of its

new strategy of focusing on profitable areas of business.

R&SA UK life & unit trusts managing director Stephan Pater says: “We are

building closer relationships with IFAs and the market is showing us great

support, with an 85 per cent increase in IFA life and pension business.”

R&SA withdrew from the tied-agency and directsales markets in Decem- ber 1999.


Wesleyan gives pledge to 2007 on endowments

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Cairngorm&#39s investors get preference in float

Cairngorm Asset Management is to offer preferential share applicationrights to its investors when it floats on Aim this year.Share and warrant holders of Cairngorm&#39s investment trusts will beeligible for the preferential rights as well as new investors who registerbefore a cut-off date to be announced in the coming months.The Edinburgh-based investment firm announced its intention […]

FSA passes onus for trees on to providers

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Providers fear Govt pension statement will confuse public

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Directors, limited liability partners and auto-enrolment

By Jim Grant, Senior Product Insight & Technical Support Analyst 6 April 2016 brought in changes to employer duties for directors and partners in limited liability partnerships. Here we explain exactly what’s changed. Before 6 April 2016… Directors of limited liability companies where there were no other directors or employees were exempt from the employer […]


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