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Royal London Asset Management appoints Phillips to parent

Royal London Asset Management chief executive Chris Phillips (45) has been appointed to the board of the parent life office.

Royal London says this move follows the expansion of RLAM funds under management since Phillips became chief executive in April 2000.

The funds have increased to £27bn from £9bn in March 2000. During this period RLAM acquired the United Assurance Group and announced the transfer of funds under management to RLAM from Scottish Life Investment Management.


Standard Life – Health Cash Plan

Tuesday, 27th March 2001.Type: Group healthcare cash plan.Minimum premium: £6.30 a month.Minimum-maximum ages: 18-65.Maximum benefits: Single £7,500, couple £30,000.Deferred period: Six months. Maternity/paternity cover and complications of pregnancy – one year. Accident – no deferred period.Commission: Initial 30 per cent, renewal 5 per cent.Tel: 01483 553461.

NU and Age Concern set out IFA strategy for LTC

Norwich Union and Age Concern Financial Partnerships are writing to 3,000 IFAs telling them about their strategy for the long-term care market.The letter is being sent to IFAs active in the LTC market or whose clients could be interested. It aims to alleviate IFA concerns about LTC complexity and tells them where they can get […]

Zurich whole-of-life plan offers critical cover

Zurich Life is entering the long-term care market with a whole-of-life plan.The product has a core benefit of life insurance or critical-illness cover to which optional benefits can be added. Options are CI cover, life cover, LTC cover and waiver of premium.It is the LTC option which Zurich says sets it apart from other offerings […]

British Chambers of Commerce signs up health plan partner

The British Chambers of Commerce has selected the Westfield Health Scheme as its official health care cash plan supplier. The latest addition to the BCC&#39s health care portfolio means that Westfield will provide the cash plan option to 130,000 member companies. The scheme was chosen because of its value for money and quality of consumer […]


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