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MGM Assurance expands IFA sales team

MGM Assurance is expanding its IFA sales support team as part of a drive to increase its presence in the IFA market. The support team will provide quotation and enquiry handling, retirement planning reports and centralised administration. The mutual is also undergoing a rebranding and is running an advertising campaign focusing on its image.

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Royal & Sun Alliance urges IFAs to act before NIC shake-up

Royal &Sun Alliance is urging IFAs to target corporate clients before a radical shake-up of Employers&#39 National Insurance Contributions in April.The life office says that the new single rate for employees earning over £23,934 will force an increase in the employer&#39s NIC costs.It has compiled a spreadsheet to help IFAs compare the changes as they […]

Cheltenham & Gloucester plays down fears of recession

Cheltenham & Gloucester is using its latest mortgage survey to predict that there will be no recession in 1999.It says that the average amount a homebuyer spends on their mortgage is set to drop 26 per cent in 1999.Borrowers are set to reduce the amount of money they spend on a mortgage to £27.80 for […]

Surrey firms successfully appeals PIA suspension

The PIA has revoked an intervention notice banning a Surrey firm from carrying out investment business after a successful appeal to the Membership and Disciplinary Tribunal. Millers Financial Services of 345 Whitehorse Road, Croydon, Surrey was suspended on February 24 1998 the after the PIA said &#34it appeared that it had ceased to be fit […]

Aon Consulting wins group pension scheme

Aon Consulting has been appointed by Centrica to administer its group pension scheme.The engineering and service group has a staff of 20,000 and members assets total more than £1bn.Centrica group pension manager Rita Powell says: &#34Aon was chosen from the shortlist because we believe it has the resources and experience to consistently deliver the service […]

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