Money Marketing
View more on these topics

Scot Am cuts GPP charges for schemes with over 25 members

By

Scottish Amicable is cutting the annual membership charge on its group personal pension contracts for schemes with more than 25 members.


The life office is reducing its charge to £18 from £30 with effect from November 16.


The life office claims it has formed a dedicated scheme design team to help customise GPPs and tailor them to individual members&#39 needs. The latest move follows a number of other changes, including adding flexible waiver options, lifetime investment options and long-term care.


Scottish Amicable pensions development director John Glendinning says: &#34The market is becoming more competitive. We have lowered our charges in response to this and because we want to be the most competitive.&#34

Recommended

CGU presents Christmas hamper to first ever customer

CGU is going to present its first ever policyholder with a Christmas present she is unlikely to ever forget.Betty Boyes of Guisborough in Cleveland is to be presented with a hamper by CGU Life senior financial consultant John Smith.Smith says: &#34Congratulations to Mrs. Boyes on becoming CGU Life&#39s first policyholder. She was looking for an […]

Institute of Actuaries hits out at life offices&#39 accounting

The Institute of Actuaries has attacked the current accounting practices of UK life offices.A keynote paper presented to the IoA this week describes the current accounting method as &#34flying in the face of what investors and other users of company accounts would consider to be &#39true and fair&#39 and understandable&#34.The paper says that things have […]

Friends Provident appoints former Tory minister to board

Friends Provident has appointed John MacGregor MP, the former Secretary of State for Transport and Leader of the House, to its main board as an independent director.He was previously a non-executive director of the London & Manchester group prior to its takeover by Friends Provident.MacGregor has been the MP for South Norfolk since 1974.

Leeds & Holbeck bakes Pudsey Bear for Children in Need

Leeds & Holbeck Building Society plans to bake Pudsey Bear cookies to sell in aid of Children in Need at a charity coffee morning.Staff at the Albion Street branch in Leeds will sell the cookies and raffle tickets for prizes donated from the society&#39s chief executive Ian Ward and operations director Chris Radford.Senior customer service […]

Most Read

  • Top trends

Newsletter

News and expert analysis straight to your inbox

Sign up

Latest from Money Marketing

FCA building FCA fees

FCA: Most firms satisfied with regulator’s performance

Most firms regulated by the FCA are satisfied with its performance and believe it is an efficient regulator, the watchdog has said. The survey conducted by the FCA and its Practitioner Panel – one of its advisory bodies – sought feedback on the regulator’s performance from the firms it oversees. The results showed that both satisfaction and […]

Bill McQuaker: Finding pockets of value late in the cycle

Investing at this stage of the market cycle is a tough balancing act. While over-exposure to risky assets leaves a portfolio vulnerable when a correction really bites, taking too much risk off the table too soon can mean missing out on the remaining opportunities which may still present themselves over the coming months. With so […]

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com