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Insight picks Dellar for development

Insight Investment has appointed Paul Dellar as head of product development. Dellar had the same role at DWS before the firm was bought out by Aberdeen in 2005. He will report to Insight head of products and marketing Brett Greatrex.

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Standard Life rebrands banking and health businesses

Standard Life is rebranding its suite of retail products with its banking and healthcare businesses simply adopting the Standard Life logo.Standard Life Bank and Standard Life Healthcare will adopt the Standard Life brand currently used by the Life and Pensions business.The provider says Standard Life Investments will retain its individual logo as its customer base […]

Direct Line launches mortgage service

Direct Line has launched a package combining mortgages, home insurance and home emergency cover in a three-in-one online and telephone deal. DL says the offering, called Living for Less, is based on research that shows that more than two fifths of Britons dont shop around for a mortgage.Direct Line commercial director David Allan says: “Customers […]

Investec Private Bank launches enhanced income product

Investec Private Bank has launched an enhanced income product offering 4.25 per cent a year or more if the UK stock-market performs well. The Investec Income Deposit offers a minimum return of up to 8.5 per cent over two years with capital protection. It the Ftse 100 grows by 13 per cent in year one […]

‘Churning is killing profits for life offices’

Analyst Ned Cazalet says insurers spend too much money writing business which will promptly leave their books, meaning that they will make little or no profit. He says the ease in which intermediaries recycle poli- cies to earn more commiss- ion is destroying life office balance sheets. FSA data shows that almost half of all […]

US loan growth is not painting a pretty picture for the US economy

Written by Mike Riddell One of the current big debates in global financial markets is whether investors should believe ‘hard’ rather than ‘soft’ data, where the usually reliable business and consumer surveys have been suggesting strengthening in global growth momentum for some time now, while the economic data that feeds through into the Gross Domestic […]

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