View more on these topics

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

Northampton

Recommended

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.

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