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Rivals approach Equitable sales staff

Equitable Life&#39s attempts to sell its 450 sales staff are under threat from rivals seeking to poach the most productive staff members.

National IFA Inter-Alliance hoped to take over about 300 of the most productive staff and Lighthouse said it was in talks with about 20 Equitable employees.

Equitable still hopes to sell its workforce along with its asset management and administration systems but accepts that this may not be possible. An Equitable spokesperson says: “It will come down to what is the best proposition for policyholders.”


CBI warning over data protection code

The Confederation of British Industry has today renewed its plea for changes to a draft code of practice on company use of employees&#39 personal data which it sees as confusing and potentially damaging. The CBI is concerned that with over 200 standards in 62 pages the code is too complicated and long. CBI head of […]

iShares heads for Europe with new fund

iShares has introduced the iFTSE ExUK fund, its third exchange traded fund (ETF). The fund is targeted at investors who are looking for low to medium risk exposure to the European market, and has Barclays Global Investors as the investment manager. The other ETFs created by iShares are the iFTSE 100, which invests in the […]

1st Software conference in February

1st Software will hold a user conference in February aimed at explaining emerging technology and promoting a better understanding of the role of the internet and e-commerce. Topics covered will include integrated needs analysis calculators, client internet reporting, displaying live portfolios on IFA websites and handling trail-based commission. Supplying back office software to directly authorised […]

FSA is a rank outsider

If I were a betting man, and I&#39d lay 2-1 that I&#39m not, I would probably hold on to my money rather than take a chance that the FSA will finally get its authority in 2001. It has already taken more than two years to get this far and the end of the road still […]

The fifteen-year itch

By Neil Jones Technical support manager with Canada Life’s ican Technical Services Team. Canada Life offers a range of wealth management solutions, including retirement income planning, estate planning and investment solutions from a choice of jurisdictions, including the UK, Isle of Man and Republic of Ireland. The treatment of non-UK domiciles that are resident in […]


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