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Pru could start claim fightback

The article on endowment-chasers in the April 28 issue of Money Marketing must have brought much satisfaction to honest and reputable IFAs who have had the misfortune to have dealt with claims’ companies.

Prudential will no longer pay compensation directly to endowment-chasers for their “services”. This is a welcome step and one that I hope other providers will take on board and lead to some fightback by the majority of large providers which have been content to pay out, regardless of circumstances.

Until the “no win, no fee” firms are put in their place, we will continue to see the worst in human nature via our compensation culture.

Barry Johnson



TMB launches online conveyancing platform

The Mortgage Business is launching an online conveyancing platform to be ready in the middle of May 2005.The online platform manages referrals to solicitors based upon their capacity, quality and consistency.It is hoped brokers and clients can save time by tracking the progress of their cases online at any time. They can also receive notification […]

Independent view – Tom Warwick

The general election is over and soon the daily ritual of clearing a path through the numerous election publicat- ions which seem to fall through the letterbox every time you are not looking will seem like a dim and distant memory.

L&G goes beyond bare minimum

Legal & General has established a fourth issue of the protected capital and growth plan 2, a FTSE 100 linked guaranteed equity bond that provides a full capital return plus a minimum level of growth after six years.

Nigel Hopwood

Assureweb’s new managing director is a soul music DJ who has been through the financial services grapevine and is now hoping to make sweet wrap music.


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