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Jacobs Insurance Brokers suspended

IFA Jacobs Insurance Brokers of Cavendish House, Cavendish Road, Highams Park, London has been ordered to cease conducting and soliciting investment business by the PIA because it cannot meet the regulator&#39s financial resources requirement. This is the eighth firm the PIA has suspended this year because they can no longer meet the financial resources requirements and 53rd firm it has taken some form of disciplinary action against.


NU Healthcare passes 3/4 million PMI customer milestone

Norwich Union Healthcare is celebrating a milestone as it announces it has reached 750,000 customers with private medical insurance or income protection cover. The provider says the growth is due to continuing success in the group market, successful targeting of first-time buyers of PMI and added support for IFAs. NUHC has 619,000 PMI policyholders and […]

Tech firm offers Staff Care

Technology solutions provider Screen Pages is setting up a product which allows IFAs to target members of group schemes in a direct and cost-effective way. Staff Care helps IFAs to sell directly to employees of corporate clients by maximising the latest internet technology. The plan allows scheme members to clearly see the current and projected […]

Minister credits industry

The Department of Work and Pensions is likely to make significant changes to the proposed pension credits in response to industry consultation. The pension credits, announced in November last year, are planned to ensure it always pays to save into a pension even for low-earners who could expect to benefit from the minimum income guarantee. […]

Haven can wait

A few years ago, unitised with-profits accounted for around half of all money invested into pensions. A standard mix would be 50 per cent managed fund and 50 per cent UWP, with little or no chance of switching in the future. Now, we all talk of external fund links. This has focused product developers on […]

Brexit: what to expect in the aftermath

James Dowey, Chief economist & CIO In these very early stages following the “Leave” win any prognosis is by its nature highly tentative. It will be weeks before we are able to measure the acute impact of the result on the UK economy, and there are clearly no close historical parallels on which to base […]


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