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L&G sees 2 per cent drop in new business

Legal & General has recorded a drop of 2 per cent in its UK new business levels in 2003, but saw growth in the second half of the year and is holding out hopes for further recovery this year. The group saw UK new business sales drop to £794m APE last year from £810m in 2002. However, in the last quarter of 2003, total UK new business rose 6 per cent to £186m from £175.5m the previous year.


FSA launch new application pack for mortgage intermediaries

The FSA has released a new application pack for mortgage and general insurance businesses. It is tailored for small IFAs to make the application process easier for understand. Small IFAs can use the pack if it is a small firm other than a sole trader who does not employ any approved persons and is only […]

Julian Gibbs

An essential website for investment IFAs is structured It gives full details of every new product and up-to-date reviews and comments. Over £5.3bn of structured retail products were sold last year and, while this was down by 15 per cent on the previous year, this was entirely accounted for by the decline in sales […]

Independent view

If you are an IFA reading this article, I congratulate you on your survival skills. You have survived through a period in which there has been a systematic attempt to destroy your income base. You have been under severe pressure, both financially and mentally. Bearing in mind these factors, you would think that IFAs would […]

Outside Edge – Richard Jacobs

Don&#39t panic was the headline of a leading national news-paper on January 9. I hope this does not turn out to be the epitaph for Standard Life. What is going on? Why Standard? Surely if there are issues concerning valuing liabilities and solvency, then this applies to all insurance companies? Why is it that the […]

Mark Page: “A good time to be a European fund manager”

With European markets picking up in early 2015, Mark Page, Artemis European Opportunities Fund manager, discusses the ‘macro’ drivers and whether the improvements are sustainable. Largely driven by economic stimulus by the European Central Bank, European stockmarkets have performed strongly so far in 2015. Mark discusses the relative merits and sustainability of ECB policy with […]


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