View more on these topics

Inter-Alliance buys Pru sales force

National IFA Inter-Alliance has struck a deal with the Prudential to buy its sales force.

The deal means Pru consultants and managers will be made redundant and then offered new opportunities with Inter-Alliance subject to a selection criteria.

Pru life, pension and investment products will remain with the Pru and policyholders will continue to deal with the company through remote channels.

The transition of the sales force from the Pru to Inter-Alliance is expected to be completed by the end of the summer.

Inter-Alliance group chief executive Stuart McGreevy says: “We are delighted to have reached an agreement with the Prudential, which represents a further validation of our strategic and market position.”

Recommended

FSA to adopt new policy for reports on firms

The FSA has set out a new integrated policy for commissioning skilled persons to provide reports on firms. Whether to use skilled persons for special reports will be decided case by case, considering costs to the firm and particular circumstances. The reports will be commissioned to analyse information, to assess situations, to offer advice and […]

FSA to continue concessions at N2

The FSA says all waivers and individual guidance under PIA rules will automatically continue once it assumes full powers at N2. To limit bureaucracy and assist continuity, the relatively small amount of firms that already have concessions from the regulations will not have to reapply. An announcement about the transfer of direct regulation to the […]

Scottish Life Mortgages – Britannic Money 12 Month Discount 85 Per Cent

Monday, April 30 2001.Type: Discounted rate flexible mortgage.Discounted term: 12 months.Discount: 2.5 per cent.Payable rate: 5.24 per cent.Minimum loan: £25,001.Maximum loan: Up to 80 per cent of valuation subject to a maximum of £500,000, 81-85 per cent of valuation subject to a maximum of £300,000.Income multiples: 3.25 times principal income plus second or 2.75 times […]

FI&S in retail fund push

Friends Ivory & Sime is reorganising its fund range and planning new launches in a bid to become a major retail brand in the UK investment market.The range will concentrate on FI&S&#39s expertise in areas such as socially responsible investment and UK smaller companies, with the first launches to go ahead this summer.Following the success […]

The Rubik’s Cube: China’s policy trilemma

By Douglas Turnbull, Investment Director, Head of Chinese Equities China faces a ‘Rubik’s Cube’ policy trilemma, whereby it needs to sustain a minimum acceptable level of growth, deal with issues such as overcapacity and reform the financial system to make it a far more efficient allocator of capital. Given the contradictory nature of these objectives, […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com