Tuesday, 5 June 2001.
The underwriting of applicants for life or general insurance products is,at a high level, a simple process. The product provider simply has to decide which applicants to accept andwhich to decline. If only life was so straightforward. The detailed processes which underlie the high-level aim of underwritingare complicated. Before considering these, however, we need to […]
Marsden Building Society is looking to the long term with the introduction of the 10-year fixed rate mortgage.The mortgage has a fixed rate of 5.69 per cent until June 30, 2011 for loans of up to 80 per cent of valuation, and is open to all borrowers. It joins a very small market, as only […]
Isle on Man based Royal Skandia has unveiled the US$ Pacific equity fund as a part of its new range of funds.The fund is an international life fund and can only be accessed via a Royal Skandia life product. The fund has a medium level of risk and is aimed at investers who are looking […]
HSBC has unveiled Pep plus, a rollover product for investors in its existing Pep plus that is about to mature.This personal equity plan (Pep) transfer product only accepts Pep transfers from HSBC's original Pep plus. Under Pep rules, no new money can be added to Peps. so those who want to top up their investments […]
by Debra Corey, group reward director You just planned and booked what you thought was the perfect vacation for you and your family. You call everyone together to share the great news and instead of receiving sounds of glee and delight, you receive groans and complaints.Your youngest says: “I hate beaches, didn’t you know that?” (You think to […]
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Sign up Expectations for a UK interest rate rise in August hardened after the services sector reported its fastest growth since last October on Wednesday, and were further buoyed by comments made by Bank of England governor Mark Carney in a speech given to the Northern Powerhouse Summit in early July. The IHS Markit CIPS Services Purchasing Managers Index, […]
Despite growing concern about the economic outlook for China, investors need not worry
BlackRock and Schroders are frontrunners to manage £109bn for Lloyds Banking Group’s Scottish Widows Investment Partnership funds, Bloomberg reports. The London-based bank is set to make its decision in the third quarter of this year, after it invited bids for its contract at the start of this year after ending the agreement it had with […]
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