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Rechabites help abstainers with funeral policy

The Rechabite Friendly Society has launched a specialist funeral planning product offering competitve rates to non-drinkers.

The policy allows the holder to pay up to £25 a month or a single payment of £270 a year tax free. For a 40-year-old insured for a lump sum of £1000, payments can be as low as £1.48.

Rechabite chief executive William Turnbull says: &#34 Non-drinkers are a very good financial risk. There is considerable data proving they live longer and are less likely to default on payments. It is these two factors which enable us to offer competitive products.&#34


Martin Currie believes markets are turning the corner

Fund manager Martin Currie believes that world stock markets have begun to follow an upward path.It welcomes the recent legislation on banking restructuring in Japan as an important step in the right direction, although it still has some concerns about the voluntary nature of the package.It believes that sharp falls for European insurers means that […]

PIA fines 31 more firms

The Personal Investment Authority (PIA) has today taken disciplinary action against 31 firms issuing fines totalling £108,000 in relation to pensions review failures by small IFAs.The firms have been disciplined for failing to meet the December 1997 deadline to complete 90 per cent of their most urgent cases.The companies fined are Abacus Insurance Consultants, ADA […]

Frexit & contagion risk in Europe

Many commentators have suggested that the UK’s exit from the European Union will trigger a domino effect, leading to its eventual break-up. Neptune’s Rob Burnett discusses the likelihood of this happening. Read more: Important information Investment risks Neptune funds may have a high historic volatility rating and past performance is not a guide for future […]


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