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MD for Aegon protection arm

Aegon has appointed Janet Wyles as managing director of its Individual Protection business. She has worked for ScotEq since 1993. From 1997 she has been part of Aegon’s group development team and has been working on the individual protection business from August 1999.

AIP was launched in January 2001 as the manufacturing unit of individual protection products for other companies within Aegon UK. The first customer is Scottish Equitable which markets under the banner &#39Scottish Equitable Protect&#39.


New income protection site launches

A new website for income protection launches today at the website The service offers universal rates regardless of age, gender or employment status. It is underwritten by Lloyds syndicate by Compass Underwriting.

Hong Kong regulator to be FSA enforcer

The FSA is importing talent from Hong Kong to head its enforcement division responsible for disciplining authorised firms which fall foul of the regulator.Andrew Procter, 39, is currently responsible for financial intermediaries and investment products at the Hong Kong Securities & Futures Commission and is set to become FSA director of enforcement in November.He has […]

A consumer&#39s view

The Government&#39s proposals to introduce child trust funds and the savings gateway will provide a welcome boost to IFAs who will, no doubt, find wealthier clients wanting advice on where to put this free handout from the Government.The irony is that, as always, those who will do well will be the wealthy rather than the […]

Equitable terminal bonus cuts

To clarify confusion among IFAs surrounding the application of Equitable Life’s recent terminal bonus cuts, the 16 per cent cut applies to the value of the whole pension fund. If on maturity the guaranteed element of the fund is higher than the result of the cut, the guaranteed value will be paid. For example a […]


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