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King of hearts

If you have met Norwich Union PR hound dog James Evans, you won&#39t be surprised to hear he is taking his wife to Las Vegas to get their wedding vows resworn by Elvis.

Evans, who demands that people in the NU press office call him The King, is flying out to the gaming capital of the world next April – 11 years after tying the knot.

The King is happy to have hymns such as Blue Suede Shoes in the service but says Love Me Tender is far too soppy for such an event.


GMAC-RFC outsources to HLM

GMAC-RFC is cutting up to 130 jobs among its 700 employees in the UK as a result of a deal to outsource post-completion activities to third-party servicing company, Home Loan Management. It says some of those facing redundancy will be able to take up new posts at HML. GMAC-RFC says this partnership with HML will […]

Golden fleece

Is the endowment review just another opportunity to fleece the client?I today received endowment review data for a new client. With the inevitable shortfall letter came an illustration for an increased premium to deal with the potential shortfall. The extra premium is 25 per cent of the current cost.At the 4 per cent growth rate, […]

&#39WP payouts set to fall for 20 years&#39

Maturity values of with-profits funds will con-tinue to plummet even if the stockmarket rises 7 per cent annually until 2020, according to F&C.It claims research reveals that a 25-year with-profits policy taken out in 1977 with a £50 monthly premium would have had a maturity value of around £75,000 at the end of last year.But […]

Location annuity is still in the post for Norwich Union

Norwich Union is putting plans for a postcode annuity on hold and says any decision on the product will not be made until 2004.The life company first mooted the idea of an enhanced annuity based on where people live last June, but says concerns over the complexity of the project mean geographical factors will not […]


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