View more on these topics

Proximity is no guarantee

Julian Stevens complains about his Friends Provident “broker consultant” being 160 miles away in Manchester but that is close compared with most of mine.

They include Scottish Widows (Edinburgh), Scottish Provident (Reading), Prudential (Reading), Clerical Medical (Bristol), Legal & General (Cardiff), Norwich Union (Sheffield), NPI (Cardiff) and Axa Sun Life (Heaven knows).

Proximity per se is no guar-antee of service as my Friends&#39 broker consultant would not travel 20 miles from Manch-ester to see me whereas NU drove 70 miles from Sheffield.

Dr Philip Thomas

Thomas Financial Planning,

St Helens, Merseyside

Recommended

Chelsea goes for the dual route for new bond

Chelsea Building Society has joined forces with Norwich Union to introduce the third issue of its portfolio extra fixed rate bond.The bond is aimed at investors who are looking for income and growth and comes in two parts. A minimum of £10,000 must be invested in the bond. Up to 30 per cent of the […]

Genesis launches self-cert fixed rate

Genesis Home Loans is launching a self-certification mortgage with a rate fixed at 6.99 per cent, after which it reverts to the standard variable rate, currently 7.24 per cent.Income multiples for the mortgage is 3.5 times main income plus second income or 2.75 per cent times joint income. Maximum loan to value is 75 per […]

Surge in protection plan complaints

Rocketing numbers of borrowers are complaining to the Financial Ombudsman Service over being sold inappropriate loan payment protection policies by direct agents of product providers. The FOS is concerned that direct-sales staff of banks and building societies have “little or no knowledge” of the insurance policies they are selling to borrowers after seeing a 20 […]

Minor problem with hot potato of Pet plan

So, stakeholder pensions are now with us. No doubt there will be many teething problems, even in the simple situation of someone wanting to effect a stakeholder pension scheme for their own benefit. What of the well publicised situation of effecting a stakeholder pension scheme on behalf of someone else, specifically a minor? We have […]

Life cover for life

Jennifer Gilchrist Proposition Lead – Design, Royal London When someone mentions whole of life plans, most people will think of a niche product that serves as an inheritance tax planning tool for high-net-worth clients. And it’s really not surprising they’ve been pigeonholed in that way because before the arrival of RDR in 2013, that’s more […]

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