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Protection sales slide at Swiss Re

Swiss Re reveals plummeting protection sales in 2004. New term assurance policies saw a 17.3 per cent fall in sales, with sales of CI and individual IP sales also down 30.9 per cent and 25 per cent respectively. Mortgage sales outperformed non-mortgage sales, but these also declined, with TA down 13.5 per cent compared to 21.3 per cent fall in non-mortgage sales. Mortgage-related CI fell 18.7 per cent, compared to a 46 per cent drop in non-mortgage CI sales.


Independent view – Nicholas Conyers

Any discussion between those born in Yorkshire or Scotland will include a lot of good banter. Typically, both accuse the other of, shall we say, being similar in their outlook towards their personal finances.

Five million stay out of company pension plans

Research from Axa shows that 28 per cent of employees, or 5.1 million workers, have not or will not join a company pension scheme, even when an employer is prepared to contribute on their behalf. Only 2 per cent of non-members believe they will be able to rely on the state pension compared with 55 […]

Flight makes plea for return to the Tory fold

Sacked Tory MP Howard Flight says the Conservatives will not be taken seriously again by the financial services community unless “business heavyweights” such as himself are returned to the fold.

Auto enrolment – so far so good?

Jamie Clark – Business Development Manager The recent report from the Pensions Policy Institute demonstrates the sheer scale of auto-enrolment so far and what we can expect in the future. We’ve pulled out the key information to save you reading the full report. Auto enrolment in numbers Sources: Pensions Policy Institute, The Future Book: Unravelling […]


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