View more on these topics

Life Trust raises £25m for longevity products

Life Trust says it has raised £25 million of capital which it will be using to launch a range of products to meet the needs of increasing longevity.

The funding is provided by JP Morgan, Royal Bank of Scotland and the D.E. Shaw group.

Life Trust intends to launch its first product later this year, following approval from the regulators.

Life Trust will be using the financial backing to launch a suite of products which will address the issue of longevity, helping future customers meet the growing financial needs of living longer.

The company says it believes the dramatic rise in longevity, combined with improving health and fitness levels, will ensure longer, healthier retirement for the majority of the UK’s population.

Life Trust chief executive Andy Briscoe says: “Life Trust will address one of the key issues facing everyone today: how to finance a longer life. We will be introducing products which are genuinely innovative and which also complement the orthodox methods of saving for one’s future.”

Life Trust chairman Roger Davis says: “We believe that the nature of the products in the company’s pipeline are going to allow Life Trust to make a real impact in the marketplace. We want to give people more options to choose from when considering saving for their futures.”


Clerical Medical introduces new pension commission model

Clerical Medical is introducing a new pension commission model designed to improve persistency rates among advisers.The Lautro scale which Clerical Medical currently uses is being replaced with a single initial commission option and a fixed three year clawback term with changes taking effect July 9.Clerical Medical says the new model is being introduced to reward […]

Williams de Broe adds MPC global bond

Williams de Broe has added the MPC global convertible bond fund to its Assetmaster balanced and cautious portfolio funds.The MPC fund invests in a range of global convertible bonds that generate higher returns than conventional bonds but with less risk than equities. They pay a regular fixed income over a set number of years and […]

Broker Talkback

Are you threatened by Barclays’ claim that they are going to steal your business? No 100% Yes 0% No “I’ve heard this all before. Abbey Wealth Management were the last to do this with Inscape Investment Services and where is that now.”Rob Simpson, Simpson Financial Services No “I’m not worried at all. There’s too much […]

Singapore cover image - thumbnail

White paper — Singapore International Insights

Jelf Employee Benefits assesses key trends within the international private medical insurance provision of organisations with employees in Singapore. Benefit structure, cost management and healthcare facilities are examined and key considerations are highlighted. This edition will be of particular interest to global human resource directors and benefit managers with local and expatriate populations in Singapore.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm