View more on these topics

ScotEq Intl adds base in Dublin

Scottish Equitable International is setting up a Dublin-based offshore

company to operate alongside its existing Luxemburg operation.

The first product to be issued from Dublin is likely to be a with-profits

bond, details of which will be announced later this year.

ScotEq International actuarial director Stephen Bishop has been appointed

general manager of the Dublin operation. The office will initially employ

around 10 staff, including financial managers and customer services staff.

The Luxemburg base will remain the headquarters and policy administration

centre for the company. Sales and marketing for the UK market will continue

to be run from ScotEq&#39s Edinburgh office.

ScotEq International believes adding a second base within a European

offshore jurisdiction will improve its ability to become a top-three player

in the offshore investment market. It says Luxemburg offers important

advantages of investor protection and confidentiality but Dublin offers a

flexible base from which the group can extend its product range.

Managing director David Healy says: “Luxemburg has provided an ideal base

for us to establish the company and develop a comprehensive singlepremium

product range. However, the UK offshore investment market is growing and

product structures are evolving rapidly.

“We believe a base in Dublin will enable us to develop products to

complement our existing range and provide a springboard for us to achieve

future growth in the UK.”



Hargreaves Lansdown launches City information site

Hargreaves Lansdown is launching a web-based company research service which gives users access to research on UK quoted companies. The site is at, and contains research written by City analysts, available to Hargreaves Lansdown’ institutional clients. The site also provides sector reports and daily morning meeting notes from City trading floors. Hargreaves Lansdown head […]

New IFA firm to focus on wealthy clients

Corporate Planning Group, an IFA targeting wealthy people and business owners, launches this week. Set up with £2.8m of private capital, the company intends to offer a complete financial planning service by combining 10 companies under the Corporate Planning Group brand. The 10 firms are an IFA, a venture capitalist, a business consultancy, a Guernsey-based […]

Keeping up with moving Joneses

Recent economic and social problems such as stockmarket volatility andfoot and mouth disease have not dented people&#39s desire to move property,says Alliance & Leicester. A&L questioned 4,115 adults in the UK in March for its latest quarterlymoving-improving index which analyses people&#39s intentions to move orimprove their home. It found that 8 per cent of homeowners […]

Royal & SunAlliance International Financial Services – Protection Plus

Wednesday, 6 June 2001.Type: Cafeteria-style protection product including whole life and critical illness cover.WHOLE LIFEMinimum sum assured/premium: £50,000/£67 a month, £670 a year.Minimum-maximum ages: 18-75.Allocation rates: 90-103 per cent.Fund links: 80 funds from Baring, Collins Stewart, Fidelity, Gartmore, Investec, Merrill Lynch, Perpetual, Royal & SunAlliance International Financial Services, Principal, Templeton, Mercury, Schroder, Vanguard, Deutsche, Invesco, […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment