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Launch gives instant Tep deals online

IFAs will be able to buy and sell traded endowment policies online for the first time following a deal between online endowment supermarket The Tep Exchange and e-commerce business Exchange FS.

The new service, which is available to IFAs through The Exchange, Exchange FS&#39s intermediary portal, can offer instant deals online because it holds all policy details on a central platform.

The Tep Exchange marketing director Ami Weitz says: “For IFAs to offer their clients best advice they need quick, easy access to Tep quotes. By integrating our service with Exchange FS we are putting our service in front of nearly 15,000 IFAs.”


Chelsea launches fixed rate account

Chelsea Building Society is launching a new account offering a 6 per cent gross interest rate guaranteed until January 1, 2002. The Fixed Rate Plus Account includes the fixed rate on investments of £2,500 and above, followed by a further guarantee the interest rate will be no less than 0.25 per cent below the Bank […]

Unum campaigning to improve employment prospects for disabled

Protection specialist Unum has embarked on a national campaign to improve workplace opportunities for disabled people. The action plan includes urging the industry, Government and voluntary sector to set challenging standards to improve employment prospects for the disabled over the next decade. Unum is specifically calling for the 17 per cent of newly disabled people […]

Correlation conundrum

Before we move on to the fourth in this short series on investments in the main asset classes – property – let us draw breath and review the correlation between the classes we have looked at and discuss a little further the measurement and the concept of correlation. Before building up the cross-correlations between the […]

British Chambers of Commerce signs up health plan partner

The British Chambers of Commerce has selected the Westfield Health Scheme as its official health care cash plan supplier. The latest addition to the BCC&#39s health care portfolio means that Westfield will provide the cash plan option to 130,000 member companies. The scheme was chosen because of its value for money and quality of consumer […]


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