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Members concerned rival insurers may pull out

Bankhall members fear other insurers may pull out of dealing with Bankhall now that Skandia has bought out the group.

Members are waiting to see how other insurers react to the deal and whether their commercial relationships with Bankhall will change.

Bankhall member McMullen Insurance Brokers director Chris McMullen : "It remains to be seen what attitude other insurers will have towards Bankhall now. We will have to see how the dust settles and if we felt we were going to lose out we would have to rethink whether we carry on with them. The real danger was that Bankhall would have gone to another network."


Aberforth Partners – Aberforth Geared Capital And Income Trust

Monday, December 17, 2001.Type: Split-capital investment trust. Aim: Growth and income by investing in 60-100 UK smallercompanies.Minimum investment: £1,000.Maximum investment: NoneInvestment split: 100 per cent in 60-100 UK smaller companies.Types of share: Income, capital.Isa link: Yes.Pep transfers: Yes.Redemption date: December 31, 2011.Charges: Implicit.Commission: None.Tel: 0131 220 0733.

Aim is to get best deal for public

2001 has been a busy year for financial services. Most not-ably, the FSA became the single regulator of financial services at the end of November.But another important development was DeAnne Julius&#39 independent review group&#39s report on the banking and mortgage codes. This identified ways to give the consumer a better idea of the service his […]

Abbey delighted with Treasury decision

Abbey National says it is delighted that the Treasury has listened to feedback from lenders as well as consumer bodies in deciding to extend regulation to mortgage advice. Managing director (retail banking) Andrew Pople says the move means lenders will not be put in the “uncomfortable position” of being responsible for the guidance provided by […]

Julius and EU responsible for decision says FSA

The FSA says the decision to regulate mortgage advice is a result of a recommendation from Bank of England economist DeAnne Julius.The move to regulate general insurance advice comes as a result of pressure from the European Union according to the regulator.DeAnne Julius made a powerful case for mortgage advice to be regulated in her […]

Nobody expects the Spanish Inquisition

Paul Fidell, Head of Business Development (Investments), writes about one of the primary challenges for those involved in estate planning. He looks at dealing with investment uncertainty in these low growth, low inflation but still volatile investment conditions. Protection of capital, to leave something for beneficiaries, is a fundamental objective of many people’s plans for […]


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