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Raising Standards accepted by EC

The Raising Standards quality mark scheme has been told by the European Commission&#39s Directorate-General for Competition there are no grounds for further scrutiny of its application under European competition law.

Industry Standards Group, which has drew up the standards underpinning the scheme, chairman Lawrence Churchill says: “We are delighted that Raising Standards has been given a clean bill of health by the European Commission. This is a key milestone for the industry&#39s initiative and means that customers will soon be seeing the quality mark when they are shopping around for long term savings products.”


PIA expels &#39unfit&#39 Surrey IFA

The PIA has expelled a Surrey IFA for being unfit to conduct investment business and failing to meet the regulator&#39s financial requirements. The PIA says Professional Advisers Investment Services of Regent House, Guildford, which had four RIs, was expelled after being placed into creditors&#39 voluntary liquidation on March 10. At least one of its clients […]

IFAs boost Zurich as Dunbar falters

Zurich&#39s half-year new business sales through IFAs increased by 25 per cent on last year to £135m from £108m in equivalent premiumincome. Sales through Sterling, Zurich&#39s IFA-only investment brand, rocketed by 287 per cent compared with the same period last year, with IFA new investment premiums up by 43 per cent. In contrast, new business […]

Skandia concentrates on multi manager approach

Skandia has added to its range of multi-manager funds with the introduction of the Skandia UK active equity fund.The fund will be divided into three actively managed sections, with a different manager for each part. Merrill Lynch Investment Management will manage 50 per cent of the fund, with 35 per cent managed by Societe Generale […]

Ronnie Lymburn

When not trying to get his golf handicap below 16, Ronnie Lymburn lives and breathes financial services. In the industry for 40 years and with a wife (Sandra) who is investment marketing director of Zurich IFA, Lymburn is still looking to broaden the service he can give his customers. At the age of 58, the […]

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Fit for Work: guidance for employers published

On Friday, the Department for Work and Pensions published its guidance for employers on using the new Fit for Work (FfW) service to help ill employees return to the workplace. It also includes more details on the tax exemption for medical interventions that commenced on 1 January 2015.


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