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New chief executive for Association of International Life Offices

The Association of International Life Offices has appointed its first ever full time chief executive in a bid to breath new life into the organisation and give it some lobbying teeth.

The association is the offshore equivalent of the ABI and Stuart Fairclough is taking on the new role, with a brief to increase the offshore life industry&#39s profile in the IFA market as well as with industry bodies and regulators.

Fairclough says: “I am looking forward to moving offshore investment higher up the agenda for IFAs and raising the profile of this flourishing industry.”


Rate rise sees dip in home asking prices

The housing market has cooled significantly since the Bank of England increased base rate to 3.75 per cent earlier this month, according to property website Its November house price index reveals that asking prices have dipped by 0.1 per cent after rising by 3.3 per cent last month, leaving year-on-year house price inflation at […]

Dunbar Bank – Zurich Guaranteed Capital Account Issue 5

Type: Capital protected bond Aim: Growth linked to the performance of the FTSE 100 index Minimum-maximum investment: £2,500-£250,000 Term: Five years and six months Guarantee: Original capital returned in full regardless of performance in the index Return: Up to 100% growth at end of the term or 30% growth at end of three years if […]

A consumer&#39s view

The call from the Consumers&#39 Association for a national network of state-funded independent advisers will not work for obvious reasons. The CA correctly points out that the FSA&#39s initiative on financial education will take at least a decade to have any discernible effect. But then it comes up with the suggestion that “as an immediate […]

Loan networks want 11,000 AR members

The number of appointed representatives required by mortgage networks who have declared they will take principal status under statutory regulation is already more than double the number of intermediaries in the marketplace, according to analysis carried out by Mortgages plc. The MCCB says there are currently about 36,500 mortgage advisers in the market, with around […]


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