Legal & General is launching a software system which will allow advisers to sell several products for only one plan charge. Available on compact disk, Protection Choices will enable advisers to offer a range of different products on one application form, with no duplication of personal details. L&G mortgage and protection director Richard Verdin says: “Protection Choices builds on our reputation by delivering a high degree of initial and ongoing flexibility with even keener pricing, and a software tool that will allow advisers to compete more effectively in a crowded market place.”
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German IFA spots them early in UK
A German high-tech IFA which spots future wealthy clients while they are still at college enters the UK next month. MLP consultants combine personal and online advice. It will initially have a branch network in the UK of 11 consultants targeting high-net-worth individuals. Its UK strategy will be similar to its German, Austrian and Dutch […]
ScotLife appoints branch manager
Scottish Life is appointing Maurice Nicholson as branch manager of its Newcastle branch. Nicholson will be responsible for developing and managing a team of IFA sales consultants and sales support staff. Nicholson spent nine years at Norwich Union, where he was also a branch manager. ScotLife head of communications Alasdair Buchanan says: “Maurice has tremendous […]
'Scrapping polarisation not a threat'
The abolition of polarisation is not a threat to IFAs, according to Misys IFA Services. Misys says IFAs will merely have to adapt to the changes to the polarisation regime as it believes consumers will still demand independent advice Announcing Misys software group's interim results, chairman Kevin Lomax said planned changes to polarisation and the […]
IF offers loan calculator
Intelligent Finance is mailing a mortgage calculator to 21,000 IFAs. It says the calculator can help IFAs show clients the benefits of switching their mortgage to the company. To alert IFAs to the mailing, it is sending a promotional postcard with the line, Do you have the Midas touch? IFAs will then get a computer […]
Global equities: Resolution for a new year?
After a volatile 2015, Peter Saacke considers the prospects for a (smooth) recovery in 2016.
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Simon Collins: FCA tightens grip on value for money
It is likely the increased regulatory scrutiny on fund managers’ value could filter down to advice firms in the future In my last article, I considered the influence a non-executive director could have in challenging an advice firm’s business model in light of the pension transfer issues. Now, in its asset management market study final […]
Industry failing to nudge people to consider pensions options
The financial services industry has failed to find ways of nudging consumers to think about their options at retirement, despite three years of pension freedoms. A panel at the Association of British Insurers retirement conference today lamented the way companies talk to people about pensions and the lack of engagement it inspires. ABI director general […]
Boss of new financial guidance body to get £175k salary
The new chief executive of the single financial guidance body can expect a salary of £175,000 a year, according to a job advert posted online. The advert, posted on the Cabinet Office website says applications will close in mid-May with final interviews held in early July. The date for announcing the successful candidate has not […]
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