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NAB putting £70m into UK operations

National Australia Bank has announced it is injecting £70m into its UK operations to improve IT in its Yorkshire Bank and Clydesdale Bank branches and to hire on 300 face to face employees. A NAB spokesman refuses to say how the funds will affect the company&#39s 100 existing IFAs or whether there are any plans to hire new IFAs. The bank also refuse to say how the group&#39s wealth management service, launched in the UK in December, would be affected by the announcement.

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Henderson income plan enjoys its freedom

Henderson Global Investors has brought in the Henderson managed income plan, a portfolio management service that provides access to an actively managed range of Henderson fixed-interest funds and an equity income fund.The plan aims to deliver a yield of 7 per cent gross a year by investing in the institutional share classes of eight Henderson […]

Product matters

The Prudence bond is the latest offering from Prudential International, the offshore arm of Prudential. This offshore bond offers lowto medium-risk investors a with-profits fund investment option within the offshore bond wrapper.The bond also offers a range of unit-linked fund choices from five external fund managers to satisfy clients who want to invest in more […]

Baronworth Investment Services – The Baronworth Combination Investment Series 5

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Royal Liver chooses new chief executive

Royal Liver has announced it is appointing Steve Burnett as its new chief executive, replacing Brian McCaul who is retiring after 42 years with the company. Burnett is leaving rival Swiss Life, where he has been managing director since 1997. He will be the first chief executive appointed from outside Royal Liver in its 152 […]

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Guide: how to… communicate with your pension members

Effective communication of your pension scheme is a large part of getting auto-enrolment right. Delivering the same message to all employees is not necessarily the way to go. To assist you with the communication of your pension scheme, we have provided some key areas to think about, such as:

  • What to consider when segmenting your workforce
  • How to communicate to pension scheme members at the right time in their member lifecycle
  • What topics you should be discussing with your pension members
  • The new pension freedoms and the importance of communicating them

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