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Pioneer boosts new business

Income protection specialists Pioneer Friendly Society increased its new business by 19 per cent last year to £5,771,746 from £4,829, 281.

Pioneer&#39s products, which are designed for customers looking for nil and short deferred periods, are only available through IFAs and is aimed at women and manual workers.


Pension costs could mean firms go bust

Rising pension costs and a tough economy could lead to a increased number of companies being forced into receivership and administration, warns consultancy KPMG.It says regulatory requirements such as FRS17 and the minimum funding requirement, which are being blamed for the current pension problems, are merely bringing to light the existing deficits that many companies […]

Gissings appoints head of research

Employee Benefits Adviser Gissings has announced the appointment Griff Williams as head of research on its investment team.Williams joins Gissings from Deloitte & Touche where he was assistant director in the corporate finance advisory practice. Gissings director of investment Brendan Reville says: “Griff&#39s analytical and research capabilities will help us to continue to provide a […]

NS&I increases fixed rate terms

National Savings & Investments has announced its is increasing the rates on its range of fixed rate products by up to 0.35 per cent.The move follows rises in gilt yields, which affect the rates for fixed term investments.Products affected include its Children&#39s Bonus Bonds, Capital Bonds, range of one, three and five year fixed bonds […]

Corporate in the UK

Cazenove Investment Fund Management has made its UK corporate bond fund available to the IFA market for the first time.The UK corporate bond fund aims for a high level of income and capital growth by investing mainly in investment-grade corporate bonds within the UK, although it has the discretion to invest elsewhere. The fund also […]


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