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.
Royal &Sun Alliance is urging IFAs to target corporate clients before a radical shake-up of Employers' 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's NIC costs.It has compiled a spreadsheet to help IFAs compare the changes as they […]
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 […]
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 "it appeared that it had ceased to be fit […]
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: "Aon was chosen from the shortlist because we believe it has the resources and experience to consistently deliver the service […]
James Dowey, Investment Director, Chief Economist China and Japan have both performed strongly so far this year, while the UK and Europe are going through periods of political uncertainty. In contrast, the US has experienced a temporary soft patch, but the lower oil price is proving to be a boon for consumers. How do these […]
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Latest from Money Marketing
Sales skills in themselves are not a bad thing. It comes down to whether they are truly being used for the benefit of the client, not the adviser.
The merged company owns three platforms: Parmenion, Standard Life Wrap and Elevate, but is promising to keep ring-fencing.
A recent court case emphasises the importance of robust terms of business, clearly stating the scope of agreement with a client