Royal London Group saw new life and pension business rise by 10 per cent in 2006, growing from 1.8bn in 2005 to 1.99bn, on a present value of new business premiums basis. Bright Grey’s new business volumes fell by 6 per cent from 163m in 2005 to 154m in 2006.
Katherine Garrett-Cox is leaving Morley after less than three years at the fund group.Garrett-Cox, known as Katherine the Great in the City, is to join Alliance Trust as chief investment officer and group executive direc-tor in May. She will oversee development of Dundee-based Alliance Trust’s fund management arm, which has plans for expansion.Adrian Jarvis will […]
There is a short answer to Julian Stevens’ letter about the misselling of payment protection insurance. Before January 2005, the ordinary law of negligence and, for product providers, misrepresentation and non-disclosure applied. For General Insurance Standards Council members, the GISC rules applied. The Private Customers Code 3.2 and 3.3 would have covered this. Adam Samuel […]
M&G saw record gross inflows of £13.5bn last year, up by 70 per cent on 2005. Retail fund inflows rose by 75 per cent to £6.7bn, supported by strong performance across its UK equity and property funds.
This week by Financial Mail on Sunday reporter Andrew Foxwell.
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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Aviva has triggered a five day platform blackout as it moves to new technology. The platform will be unavailable from 6pm on Wednesday 17 January through to Monday 22 January while the provider manages its transition onto an updated system run by technology provider FNZ. The downtime will affect Aviva’s investment platform only, but other adviser […]
JLM Mortgage Services has launched the first stage of its new ‘robo advice’ service. The mortgage and protection network claims it is the first network to launch such a tool to its members. The Virtual Adviser will allow member brokers to offer an online service to residential and buy-to-let customers. This service will offer an […]
Providers should listen closer to advisers and consumers when deciding what initiatives will work