View more on these topics

Royal London life and pensions sales up 27 per cent

Royal London life and pensions new business has increased a significant 27 per cent from £416.8m to £528.5m in the first quarter of 2009.

Scottish Life’s sales were down 13 per cent in the three months to March 31, falling from £337.3m to £293m.

Meanwhile Royal London-branded life and pensions sales have dropped 54 per cent to £2.6m in the first quarter of the year compared to Q1 2008. This is related primarily to Department of Work and Pensions rebates.

The firm puts the increase in sales down to its acquisition of Scottish Provident which brought £55m to the table. It also cites Bright Grey’s impressive 18 per cent increase in new protection business to £44.8m.


Ex-A&L’s Banks to be MD at B&B

Bradford & Bingley has appointed ex-Alliance & Leicester head of commercial banking Richard Banks as its new managing director.

CII to give credits for prior learning

Advisers working towards the Chartered Insurance Institute’s diploma or advanced diploma in financial planning can now gain credits for prior study under its Accreditation of Prior Learning scheme.

Absurdity of setting deadline without an exam

It beggars belief that neither the FSA, the Financial Services Skills Council, nor the various examination providers have any definitive idea of what exam content is actually necessary to qualify for QCA level 4 standard.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm