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Now that&#39s what I call pensions

What IFA can deny the joy of hanging on the telephone waiting for a life company to answer – especially when the on-hold music has been specially selected to rub your nose in it?

Trying to transfer a client&#39s pension from Axa, Hargreaves Lansdown&#39s Danny Cox was soothed by Fool If You Think It&#39s Over.

A recent survey showed the least popular on-hold tune was Greensleeves, followed by Vivaldi&#39s Four Seasons, Nessun Dorma, Simply the Best and anything by Andrew Lloyd-Webber.

Perhaps Plan Invest has the right idea, using the music from The Exorcist.


M&G outsources retail admin

M&G is outsourcing its retail admin service to International Financial Data Services by the end of the third quarter in 2003.

Paragon MD appointed IMLA chairman

The Intermediary Mortgage Lenders Association has appointed Paragon Mortgages managing director John Heron as chairman for 2003. He takes over from Britannic Money chief executive Tony Ward who has been chair for the past two years. Kensington Group chief executive John Malty becomes vice chairman. Heron says he will ensure Imla plays a vital role […]

Winterthur adds two Threadneedle funds to investment bond range

Winterthur Life is adding the Threadneedle strategic bond fund and Threadneedle European select growth fund to the range of funds available through its new investment bond product. The Threadneedle strategic bond fund was launched in November last year and has a AA new fund rating from Standard & Poor’s Fund Services. The Threadneedle European select […]

Cofunds gets a new shareholder and reaches fund pact

Fund supermarket Cofunds has bolstered its depleted coffers by signing up retail fund administrator International Financial Data Services as its fifth shareholder.The move comes as Cofunds&#39 backers – M&G, Jupiter, Gartmore and Thread- needle – have concluded months of wrangling by striking a deal with FundsNetwork parent Fidelity which ensures the funds of each company […]


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