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Online whitelabelling from Skandia

Skandia is to offer a new white-labelling facility for its multifund, multiPep and multiIsa supermarket.

The service, to be launched next month, will allow IFAs to brand the Skandia platform under their own name, as well as to customise it to their own preferences.

IFAs will also be able to allow their clients to enter the Skandia platform to monitor their portfolio, and carry out fund switches.

The supermarket now offers more than 230 funds from 23 providers, including New Star, Threadneedle, Fidelity, Gartmore, M&G, and Jupiter.


Leeds & Holbeck alters base rate tracker

Leeds & Holbeck has revamped its base rate tracker mortgage to take advantage of the recent fall in interest rates.The tracker mortgage will match the Bank of England base rate for the first three years of the loan until November 1, 2004. Until May 1, 2002 the mortgage will have a discount of 0.5 per […]

Inside Edge – Tony Kempster

I&#39ll brain the next person who says to me: “What&#39s it like to be back at the Pru?”It is six years since I last worked for Prudential. In the meantime, it has changed beyond all recognition. Just over 10 years ago, in 1991, there were 9,500 direct salespeople and IFAs accounted for a bit less […]

Ease the charge cap or stakeholder will not stay the course

Stakeholder may prove to be equally cursed and blessed. The first tentative ABI numbers show some 224,506 sales from April&#39s launch, with 88,394 company designations.Sales include an unspecified number of converted pensions while the designations represent the creation of an infrastructure for compulsion or for future sales, not actual sales. In the same quarter in […]

Just in time to beat penalty

As an IFA, I was involved last year in helping my father in obtainingcompensation from Equitable Life for being advised to transfer hisoccupational pension scheme with BOC back in 1987 to an Equitable Lifepersonal pension. I contacted Equitable Life some time ago and they advised me that myfather&#39s plan would, in fact, not fall within […]

What triggers the MPAA?

Jim Grant – Senior Product Insight & Technical Support Analyst There’s sometimes confusion around what triggers the money purchase annual allowance. Find out what does and what doesn’t trigger the MPAA. The money purchase annual allowance (MPAA) is a reduced annual allowance that can apply to contributions to defined contribution (DC) schemes. The following table […]


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