Norwich Union Healthcare is making its Solutions suite of private medical insurance products available to smaller companies with less than 10 employees.The package had previously been restricted to firms with between 10 and 249 employees but it is being broadened to encompass companies with just two to nine workers. The Solutions suite enables corporate customers to pick and choose from a range of core benefits and more niche add- ons. The core benefits offered include covering private hospital charges, including specialist and diagnostic fees and outpatient fees such as the cost of physiotherapy or psychiatric treatment. Additional benefits that can be bolted on include cashback for hospital stays, hospice costs, infertility treatment and overseas cover. The launch will be suppor-ted by a campaign aimed at intermediaries and corporate customers backed with new product literature.
Jayne Stevlingson has joined Gartmores small-cap investment team as senior investment manger.Stevlingson, based in Philadelphia, will assume portfolio co-management responsibilities, alongside Gil Knight, on the Gartmore US smaller companies fund and the Gartmore SICAV US smaller companies fund. She will report to Gartmore US chief executive Young Chin.She joins from Altura Asset Management where her […]
I do not know about you but I have been on the receiving end of more grumbles from clients since the introduction of the new disclosure regime and the veritable forest of paperwork which accomp-anies each suitability letter.
There is a widely held misconception in the fund of fund industry that high turnover is something to be avoided.
In my latest series of articles, I will be look- ing at the current state of investment markets, covering the main asset classes used in portfolio construction – cash, fixed interest, property (direct investment and property shares) and equities.
Out there lies a warm ocean of desert islands, sun, sand and palm trees, where individuals can choose how and when to tax-efficiently access their pension fund and realise the retirement dreams they have worked so hard for.
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Alliance Trust Savings’ new boss must “instil common sense” across the business and start to engage with advisers if they are to salvage the platform’s reputation, IFAs have said. Industry insiders have welcomed news of ATS chief executive Peter Mill’s departure, but say the platform needs to move quickly to fix its service issues. Frustrated advisers are […]
The FCA has said that the Financial Ombudsman Service does not need more guidance on how it should match the regulator’s rules with the complaints adjudicator’s judgments. While the FCA regulates firms according to its handbook, FOS decides on complaints based on a ‘fair and reasonable’ test, that is, whether the claim would be successful […]
The curious goings-on in the world of financial services