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Ohra raises PMI rates by up to 10%

Private medical insurer Ohra UK is increasing PMI premiums by between 9 per cent and 10 per cent from January 1. Ohra is offering a free 24-hour claims helpline and 24-hour medical advice service.

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Who deserves to be bailed out in misselling crisis?

ABI plans to bail out IFAs over pension misselling has thrown open again the question of who is responsible for misselling. This is a sore wound. Should IFAs carry the can for the Conservative Government and life offices which unleashed a wave of publicity about personal pensions which threatened to engulf IFAs? Some IFAs argue […]

Merry Christmas and a Happy New Year

Money Marketing will not be published for the next two weeks. We will be back with our next issue published on January 8, 1998. In the meantime, we would like to wish all our readers a Merry Christmas and a prosperous new year.

Review likely to cost independents £1.1bn

IFAs are likely to pick up a £1.1bn tab for the pension review, according to research by actuary Bacon & Woodrow. Life offices, policyholders and shareholders will pick up the remaining £9.9bn of the £11bn total bill.

Costs and benefits of transfer

My employer is in the process of closing down the contracted-out money-purchase scheme of which I am a member. It is being replaced with a group personal pension. It has been suggested that I transfer the fund that I have built up into the new scheme. I have been in the old scheme since January […]

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