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Ned Cazalet

In a story last week, Money Marketing quoted Ned Cazalet&#39s Life 2001 report as saying no life office had more than a 5.7 per cent share of the pensions market. We would like to point out the 5.7 per cent figure related to average market share of the top 10 pension providers for 1999. No group had more than a 9.2 per cent share. We apologise for any confusion caused.


Raising standards on moves to treat customers fairly

Open letter to the FSA The study published by the FSA on “treating customers fairly after the point of sale” made many valid comments which are supported by the Co-operative Insurance Society.The FSA states that unrealistic expectations are often the product of badly written information that fails to point out the risks or relevant features […]

Property prospers for BFS

Investment trust specialist BFS Investments has introduced a split capital investment trust that invests mainly in commercial property.BFS managed properties aims for capital growth and a high level of income. A property portfolio makes up 65 per cent of the fund and invests in commercial properties rented out to Government departments, banks, building societies and […]


14,000 request FSA consumer information booklet

Nearly 14,000 customers have requested the FSA’ financial booklet You and Your Money in the first month it has been available. The information pamphlet, which provides free basic information on how the regulator can help consumers with their money matters is available at main post offices, citizen’ advice bureaux, money advice agencies, libraries and the […]

Cazalet predicts a bloody battle

Influential analyst Ned Cazalet has a chilling prediction.Life 2001, Cazalet&#39s annual and costly tome on the industry, says: “The distribution landscape is changing dramatically as many old-style direct distributors wind up their salesforces, which seems to afflict parts of the IFA market, too. This is going to be very bloody and very brutal, leading to […]


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