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R&SA Eurolife appoints European sales head

Royal & Sun Alliance Eurolife is appointing Nigel Watson as general sales manager, taking control of its pan-European business.

Watson joins Dublin-based Royal & Sun Alliance Eurolife from Scottish Provident International, where he was director of international sales. He was previously sales manager for the United Arab Emirates and Bahrain with Eagle Star International.

Watson says: “There is no doubt that Europe is where the action is. With the growth of genuinely internationally-minded business across Europe, there is no better time to join a company with these ambitions.”


Whitechurch sets up pension service

IFA Whitechurch Securities is setting up a pension advisory service to complement its inv-estment advice business.The service aims to encourage the firm&#39s existing clients to treat retirement planning as part of their fund portfolios.Whitechurch&#39s service will be available to clients for a minimum fee of £350, for which five advisers will offer face-to-face advice backed […]

Standard Life Bank – Fixed Rate Bond

Wednesday, 24 October 2001.Type: High interest account.Minimum-maximum investment: £1,000-£1m.Interest rates: 4.9 per cent a year, 4.79 per cent a month.Term: Until October 8, 2004.Offer period: Until further notice.Withdrawal penalties: No withdrawals permitted during term.Tel: 0845 6012340.

Pru sees sales rise

Prudential saw its sales increase by 54 per cent to £15.1bn during the first 9 months of 2001. Pru saw the share of its business done overseas increase to 70 per cent, compared to 50 per cent for the same period last year. Prudential group chief executive Jonathan Bloomer says: “I am pleased to report […]

McCartney publishes pension consultation document

Following the announcement on 26 September of the review of private pension legislation, the Government is publishing its consultation document.Minister of state for work and pensions Ian McCartney says: “The Government is committed to helping people build up decent pensions for their retirement. That means the public and private sectors working together effectively.“The private pensions […]

Converting pension savings to a retirement income…

Since last year’s reforms to pension legislation, a significant number of retirees have chosen income drawdown over purchasing an annuity. Income drawdown is more flexible than an annuity. However, it also increases the likelihood that individuals won’t be able to maintain their income throughout their lifetime. In this short video, we explain the risks that […]


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