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Liverpool Victoria strengthens presence in affinity market

Liverpool Victoria is acquiring specialist provider of financial services and independent financial advice to the affinity sector Bishopscourt Financial Holdings for an undisclosed sum.

The life office says the purchase provides it with an accelerated consolidation of its presence in the affinity market.

Bishopscourt Financial Holdings chairman Mike Rutherford and group managing director Chris Wacey will join Liverpool Victoria&#39s management team with immediate effect.

Formal completion is anticipated toward the end of the year following regulatory approval.


NU bolsters business benefits

NORWICH UNION Business Benefits @ Norwich Union Type: Cafeteria-style group protection product which includes group income protection, group life cover, group private medical insurance and accident, sickness and unemployment protection for customers with Norwich Union group pensions. GROUP INCOME PROTECTION Minimum benefit/premium: 30 per cent of salary/£500 a year. Minimum-maximum ages: 16-64. Minimum group size: […]

Death in zenith?

The state of the market and, in particular, distribution were the subjectsof a debate on the former Royal Yacht Britannia recently. The event, entitled Depol-arisation, the end of the IFA? was the first ofa series o ganised for senior industry executives by IBM, as part of itsInsurance Executive Impact programme, sponsored by Siebel. A panel […]

Platform adds to adverse credit spread

Adverse credit specialist Platform Home Loans has introduced the one-year fixed rate mortgage.The mortgage is aimed at people who have had high levels of debts, county court judgements (CCJs) made against them, mortgage arrears or even been bankrupt in the past and the self-employed who are unable to prove their earnings.It has a fixed interest […]

Survey shows profit gap in wealth sector

Half the clients of UK wealth management firms hold balances below theminimum stated size required by the service provider, says a report fromthe Boston Consulting Group. Regardless of the size of desired minimum balance, the managementconsultancy says it is likely that at least 50 per cent of the accountsconsidered to be in the wealth management […]


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