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Pru extra 2 per cent allocation offers

Prudential is giving an extra 2 per cent allocation on all investments made to Prudence Bond to celebrate its 10th anniversary.

From July 16, both new investors and customers topping up their existing investment will have an additional 2 per cent added to their fund.

The extra allocation offer closes on December 31, 2001.


ABI seeks deal on BMA fees

The ABI is aiming for a compromise with the British Medical Associationover a planned big increase in medical report fees which could seeprotection premiums rocket. It has been in discussions with the BMA since May. The BMA wanted to morethan double the fee for a general practitioner&#39s report from £30.10 to£66 and more than triple […]

Winchester White appoints new chief exec

Specialist financial services management consultancy Winchester White Management Consultants has appointed David Grey as chief executive. The former director of operations joined the business in 1992 and will continue to develop the company’s strategic direction. He replaces Brian Wood.WWMC has also announced principal consultant Aileen Croft is to become head of the life and pensions […]

Beale Dobie guide to Tep pros and cons

Traded endowment policy market-maker Beale Dobie has updated its IFA guideand produced a new consumer version which discusses the pros and cons ofTeps. The new IFA guide aims to help advisers explain to their clients the taximplications of investing in Teps and their uses in retirement planning. The guides also list frequently asked questions, including […]

Pension offices cause waiver waves for IFAs

Some of the UK&#39s biggest stakeholder providers are being criticised byIFAs who claim that their stance on waiver of premium is blocking business. Some life offices, including Norwich Union and Standard Life, are refusingto allow employers to contribute to waiver in the new tax regime, saying anentirely new policy should be set up outside of […]

Unfinished business?

Pension specialist Fiona Tait gives an update on three big announcements from the 2016 Budget – Pensions Advice Allowance (PAA), the Lifetime ISA (LISA) and the pension dashboard. £500 Pensions Advice Allowance What’s new Under current rules it is possible to deduct an adviser charge from a defined contribution pension fund to pay for financial […]


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