View more on these topics

Pro Life to rebrandas Skandia

Professional Life is to be brought under the Skandia Life pension brand in the new year because of changes in the pension market.

Professional Life products are traditionally fee-based and offer low charges but because of the introduction of lower pricing structures, especially stakeholder, the pricing gap between the two groups&#39 products has narrowed and there is now very little difference between them.

The move to rebrand, expected to come into effect from January 1, 2001, is awaiting High Court approval. Skandia says the rebranding will not alter any of the product terms or fund choices available to the 17,000 policyholders.

IFAs will still deal with the same regional sales consultants and customer service contacts. Skandia says admin will not be affected. Professional Life&#39s group FSAVC, individual personal retirement accounts and trustee retirement accounts will be closed to new business but Skandia Life will offer these products.

Pensions brand manager Peter Jordan says: “The move will mean greater efficiency in terms of service.”

Recommended

Training or takeover?

Are IFAs a dying breed? A drop in the value of IFA firms, compounded by a lack of new blood entering the profession, is raising questions about the future of IFAs as a whole.IFA Portfolio says advisers can no longer rely on the sale of their businesses to fund their pensions as these businesses are […]

ScotFriendly pitching itself as a professional

Scottish Friendly is embark-ing on a direct marketing drive to boost its presence in the IFA sector.The Glasgow-based fri-endly society is sending out the mailshot to 7,500 IFAs.For the first time, it will also be advertising in the trade press. The ads have a golfing theme, comparing the professional nature of the game with Scottish […]

Zifa signs new pensions player

Zurich IFA has redeployed David Hodges from Eagle Star as International and UK group pensions marketing manager. Hodges most recently worked as pension sales manager at Eagle Star.

Henderson looks to the Pacific

Henderson Investors has brought in the Cayman Islands domiciled Asia Pacific fund.The fund is aimed at institutional investors and high net worth individuals who are looking for growth and are prepared to put up with medium to high levels of risk.Asia Pacific will invest in a portfolio of companies from countries that are in and […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com