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Personal Touch Insurance receives network status

Personal Touch Insurance has announced it has been granted IFA network status by the FSA and is now moving to set up a network. It describes the move as the “final piece in the jigsaw” of its plans of offer intermediaries access to a “financial supermarket” offering regulated products, including pensions, investments, mortgages and general insurance.

PTI head of sales Martin Wilson says: “We intend to attract the members of other networks who are unhappy with poor product choice, mediocre service standards and, quite probably, with the day
they are required to do business. In contrast to many other networks, PTI offers a genuinely comprehensive product range on highly competitive terms backed by state of the art service and technology. Our approach is to treat intermediaries as business partners, not to dictate how they should carry out their business.”


Abbey launches two new structured plans

Abbey is launching two structured products offering investors growth with full protection. The protected growth plan will return 100 per cent of any growth in the FTSE 100 over five and a half years, no matter how far the index falls. If the plan is up at least 30 per cent at the end of […]

Christows put ETFs in funds of funds

Christows has converted three offshore funds of investment trusts to onshore funds of funds that invest mainly in exchange traded funds (ETFs). David Franklin managed the three offshore funds and will now run the onshore funds, which are aimed at the IFA market. As well as ETFs, Franklin will also hold investment funds and quoted […]

Why menu is a positive move

It may seem like a long time ago but cast your mind back to CP121, CP166 and remember that the outcome following Aifa&#39s recommendations was the agreement to explore the concept of regulated distributors providing clients with a clearly defined menu of services which would be adopted under the FSA.The menu would identify which sales […]

AMI produces guide to cold calling

The Association of Mortgage Intermediaries has produced a factsheet about cold calling, which will be banned once statutory regulation kicks off in October. The guide concentrates on what AMI&#39s members will be allowed to do with regard to cold calling, and has been produced following discussions with the FSA, a review of the final rules […]


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