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Insolvencies down by 5%

Individual insolvencies in England and Wales have fallen by 5 per cent in the last year, says the Insolvency Service. Individual insolvencies now stand at 26,072, a decrease of 3 per cent on the previous quarter.

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New equity release plans increase by 15 per cent, says SHIP

The total of new equity release plans sold in Q3 2007 has increase by 15 per cent, says SHIP.Its third quarter figures show that the number of equity release plans have increased from 6,954 in Q3 2006 to 7,981 in Q3 2007.The total value of new business written reached £325.3 million, the highest quarterly figure […]

SJP buoyant with investment and pension growth

St James’s Place has seen its sales grow by 28 per cent in the first nine months of the year and says it is on track to beat its staff target for the year.Sales have increased to £315.4m, with investment business up by 31 per cent to £176.8m and pension business up by 32 per […]

Orcid blooms

I was pleasantly surprised when talking recently with Keith Robinson, support director at Origen, who is very happy with the recent deployment of Quay Software’s customer care desktop product in his organisation.

Bupa fears over premium pressure

Bupa says some IFA networks have been asking protection providers to increase their basic premium rates to boost adviser commission payments.The firm says it has been urged by networks to put up premiums , most recently for critical-illness cover.Individual protection product and marketing manager Steve Casey says he is concerned this will encourage dual-pricing and […]

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