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Only 36% pass first half-credit K10

Only 36 per cent of the 635 advisers who took the first sitting of the Chartered Insurance Institute&#39s new K10 paper covering retirement options passed the half-credit qualification. The CII is disappointed at the low pass rate but says it illustrates the standard has not been watered down by creating half-credits at an AFPC level.

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Actuaries&#39 service offers to take over policy complaints

Actuarial consultancy firm Hazell Carr is launching a complaint management service to help IFAs and insurance providers resolve allegations of endowment policy misselling.The service is being offered in response to the Financial Services Ombudsman and FSA&#39s decision in June to tighten compliance rules, making assessments more complicated for firms. Failure to comply can result in […]

Sagitta – Salix

Tuesday, 18 September 2001.Type: Offshore hedge fund.Aim: Growth by investing in healthcare stocks.Minimum investment: $100,000.Place of registration: Cayman Islands.Investment split: 100 per cent healthcare stocks.Isa link: No.Charges: Annual 1.25 per cent.Commission: None.Tel: 020 7543 1500.  

Press for attention

In a competitive market, promoting name awareness is something that all businesses should devote some time to. While we do not pretend to be the most frequently quoted company in the financial sector, we do have our fair share of press comment and media coverage.Over the years, we have utilised a number of methods for […]

Competition decision ends dual rule threat

Intermediaries will not be forced to join the General Insurance Standards Council after the Competition Commission ruled such a move breached the Competition Act.The Competition Commission Appeal Tribunal decided the regulator&#39s rule F42, making all brokers and intermediaries doing any general insurance business become members breaches the Competition Act 1998.The move is welcomed by the […]

Three stocks due a Brexit boost

By Mark Martin & Holly Cassell, Neptune Mark Martin and Holly Cassell highlight three high-conviction holdings in the Neptune UK Mid Cap Fund that they believe are well positioned to benefit from Brexit. Read more Important information Investment risks Neptune funds may have a high historic volatility rating and past performance is not a guide […]

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