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Jobs&#39 hope for Britannia Life staff

Commercial Union, Scottish Equitable and Colonial are considering taking staff from Britannia Life&#39s doomed IFA arm. The 132 broker consultants, led by two regional sales managers, are talking to about five life offices in an attempt to secure new jobs.

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Liddell backs review aid for small brokers

Treasury economic secretary Helen Liddell has backed ABI plans to provide loans and practical help for small IFAs to complete the pension review. Liddell, announcing the March name-and-shame list last week, which sees DBS rooted to the bottom of the table, demanded that firms should work together to complete the review. The ABI is currently […]

LibDems say ISAs will save Treasury billions

The Government is under increasing pressure to raise or scrap the £50,000 limit on the Individual Savings Account. The Liberal Democrats say that ISAs will save the Treasury money in lower tax relief while adding to the compliance and regulatory costs of the financial services industry. According to the Liberal Democrats, replacing Peps and Tessas […]

Murray Johnstone sets up third VCT

Glasgow-based fund manager Murray Johnstone is launching a new venture capital trust. The Murray VCT3 is the fund manager&#39s third venture capital launch since September 1995. It aims to provide investors with a diversified fund and hopes to offer attractive income tax and capital gains tax breaks. Murray Johnstone venture capital trust portfolios fund manager […]

Effrontery

Sun Life&#39s high-profile Putting IFAs In Front ad campaign has ruffled one or two feathers at Norwich Union. For some time, NU has put the slogan Putting the IFA First on its ads. It accuses Sun Life of stealing its thunder. NU trade marketing manager David Czerwinski says: “We have been running IFA First for […]

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