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Permanent Insurance cuts term assurance rates

Permanent Insurance, income protection providers, is cutting term assurance rates by up to 73 per cent. The focus of the changes is on pension term assurance with only three months left before stakeholder limits come into effect. The aim is to encourage IFAs to exploit the potentially huge pensions market in the meantime. Only 11 million of a working population of 27 million have an occupational pension scheme.


B&W charity push clicks with staff

Staff at Bristol & West have raised £38,000 for Cancer and Leukemia In Children to mark the 150th anniversary of the bank. The money was raised through a six-week competition called Click for CLIC, in which staff won prizes for the most original photograph, fund-raising idea or most money raised. The best photograph prize was […]

FSA in power by July?

D-day for N2 when the regulator gets its full powers is widely expected to be autumn 2001 contrary to the summer deadline the FSA is working towards. Last July, the Treasury announced that the implementation of the Financial Services and Markets Act N2 was being delayed until July this year due to the vast amount […]

&#39Heir apparent&#39 leaves Widows

The unexpected departure of Scottish Widows deputy chief executive Charles Thomson has stirred speculation that parent com pany Lloyds TSB is lining up someone for the job. There is now no heir apparent to chief executive Mike Ross after losing two deputies within months. His other deputy Bill Main moved to Scottish Widows Investment Partnership […]

Woolwich buy to seizes on increase in private renting

Woolwich has introduced a five-year fixed rate buy to let mortgage to capitalise on the steady increase in private renting. Private renting has been growing since the 1990s as a result of changes in working patterns, particularly as contract working has become more popular. The mortgage is fixed at 7.29 per cent until April 1, […]

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Thinking of expanding overseas?

Whether you’re a small company or an established larger employer, expanding overseas into emerging markets can be an extremely attractive prospect for growing your business. However, with this comes a duty-of-care requirement to any staff based overseas.


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