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Liverpool Victoria with-profits plan targeted at IFAs

Liverpool Victoria is targeting the IFA market with a with-profits tax-free savings plan.

It is the second product from the friendly society&#39s recently launched IFA


The 10-year plan is for investors seeking a regular savings vehicle for

the long term. It offers a choice of regular savings amounts, regular

bonuses and a guaranteed minimum death benefit.

Liverpool Victoria wants to widen its distribution from 90 salespeople for

general insurance, life and pensions by selling through big IFA firms.

A range of protection products is expected to follow.

Forty IFAs from Liverpool Victoria subsidiary Frizzell defected to Towry

Law earlier this year. The friendly society&#39s direct salesforce has also

suffered difficulties over the last two years and numbers have fallen from

a high of 300.

Liverpool Victoria anticipates IFAs making up 50 per cent of its total

business written within a year.


IFAs miss domain event as addresses go quick

IFAs appear to be failing to embrace the technological revolution, leadingthem to miss out on scooping some of the best internet address namesavailable.Many of the top domain names which would have been ideal for IFA websiteshave fallen into the hands of speculators looking to cash in by sellingthem on.Among the potential addresses already taken are […]

Conference meets with MPs to push LTC cause

The Continuing Care Conference, an umbrella group of insurers, charitiesand health providers, has met with MPs and peers in a bid to keep long-termcare on the political agenda.The CCC told the all-party working group on older people it is anxious forthe Government to address the issue as it is a year since the royalcommission delivered […]

Aifa&#39s 80/20 vision

When the new single trade body for IFAs was set up last September, itsdream was to give the community a united voice. So how does directorgeneral Paul Smee respond to criticism that it cannot hope to represent theviews both of small and big IFA firms? &#39If you like what it is doing 80 percent of […]

Low-tax spread

I am a director of a leading property company and my current shareholdingin the business is valued at £243,000. I have no other equity investmentsof any significance. However, I am concerned at having such a highproportion of wealth tied up in the fortunes of just one company. Could youexplain to me how I could create […]


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