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ScotEq achieves S&P AAA rating

Standard & Poor&#39s has confirmed a triple-A rating for Scottish Equitable. This covers local currency counterparty credit and claims&#39 paying ability.

The credit-ratings agency commended ScotEq for having a strong level of capitalisation and business position, excellent expense management and good financial flexibility. It says ScotEq has a conservative investment strategy and believes the life office needs to improve its customer-servicing track record.


Green mortgage on offer from Norwich & Peterborough

Norwich & Peterborough Building Society is going green in what it claims is a bid to save the planet by launching a greenhouse-gas-free discount mortgage. The green mortgage is designed to reduce the emission of greenhouse gasses into the environment. A residential property&#39s energy efficiency is measured by a Standard Assessment Procedure and rated between […]

Act to remedy this sorry state of pension affairs

At least three out of five people face the prospect of relying on just the state pension in their retirement because they do not have a personal or company pension. Researchduring the course of last year on behalf of the LIA also indicates that over 40 per cent of the public have no investments or […]

Standard lifts new business by 30%

Standard Life has boosted new life and pension business by almost 30 per cent in the last year. On an equivalent premium income basis, new business was up to £459.1m in the year ending October 15 from £353.7m last year. New annual-premium income increased by 44 per cent to £272.4m from £189.1m and new single-premium […]

IFA Care launches major LTC push

The IFA lobbying and education group IFA Care is to launch a major long-term care campaign as the Royal Commission on LTC investigates the market. The 80-member organisation is seeking a higher profile, with the aim of becoming a professional body for IFAs specialising in LTC. It intends to offer more education services and step […]


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