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More providers want to relocate admin overseas

Two thirds of senior life company executives believe they will relocate part of their operations overseas, according to a survey by software house Marlborough Stirling. The research found 40 per cent of life company executives thought moving operations oversees would improve customer service operations, with 44 per cent saying it would make no difference and 16 per cent saying service would get worse.


Bradford & Bingley International – Base Rate Notice

Tuesday, 26 November 2002 Type: High interest account Minimum-maximum investment: £10,000-£1m Place of registration: Isle of Man Interest rate: £10,000-£24,999 Bank of England base rate, £25,000-£99,999 0.1% above Bank of England base rate, £100,000 and above 0.25% above Bank of England base rate Term: Until March 31, 2003 Offer period: Until further notice Withdrawal penalties: […]

First-class delivery

Next year is going to be very difficult for the financial services industry. Twelve months ago, few people would have expected that things could actually get worse in 2002. How wrong they were.Undoubtedly, e-commerce will come in for more than its fair share of economies by many companies. It is only a few years since […]

Is the tied turning?

The mortgage industry is divided over whether there will be fewer tied advisers once FSA regulation is completed.The full shape of the new regulation is likely be in place by the second half of 2003. Prudential Premier Mortgage Club national manager John Malone predicts the number of tied advisers could fall as low as 30,000.Malone […]

Suite nothings

The Sandler report was published in a blaze of publicity in July – much of it, surprisingly, about the relatively peripheral issue of active fund management.More of that later, but what this served to obscure was that the Sandler report should be seen as very positive for the mutual fund industry.Why do I say that, […]

Keep calm and carry on?

We British are known for our stiff upper lip and just getting on with things. It’s part of our quirky cultural behaviour – like forming orderly queues, or saying sorry when it’s not our fault. Many of us just aren’t that great at talking about what’s bothering us. But if someone feels that the stresses […]


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