View more on these topics

Scottish Amicable revamps pension range

Scottish Amicable is re-positioning itself in the pension market in preparation for the post stakeholder pensions environment.


As part of the initiative the life office is repricing many of its key pension products.


Among those being repriced is its the Income Drawdown plan which will have the establishment charge period cut from five to three years.


ScotAm is also increasing the allocation rates for its single premium pension contracts by up to 1.5 per cent.


Its director of pensions development John Glendinning says: &#34Our intention to adopt a more aggressive stance on pricing will help ensure Scottish Amicable develops a significant position in these markets.


&#34This is the first of a number of announcements that advisers will see from us in relation to the pensions market.&#34


Recommended

Bradford & Bingley to outline conversion process

Bradford & Bingley is to set out its conversion timetable when its writes to its 3.1m members next month according to the Financial Times.The provisional timetable provides members with a schedule for the demutualisation which is likely to culminate in a final vote next summer and conversion by the end of 2000.Details of how windfall […]

Investec launches specialist finance package for GPs

Investec has launched a specialist division to cater for the financial needs of family doctors.The new division will concentrate on developing finance packages to help general practitioners on both a personal and corporate level.The packages will primarily concentrate on loan arrangements, but will also include investment services.The financing packages will include practice finance for acquisitions […]

Public awareness of Isas on the increase

Public awareness of Isas is on the increase with over half the population aware of their existence according to research by National Savings.The survey also revealed cash mini-Isas are the most popular type with 42 per cent of those customers who have invested in an Isa choosing this type.The most likely age group to buy […]

Axa Sun Life launches global distribution fund

Axa Sun Life is adding a global distribution fund to its existing range.The fund will be available as an Oeic, Isa, life and pension fund. It will consist of both income and accumulation units.To mark the launch Axa Sun Life is offering investors in the life and pension versions of the fund an additional 1 […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment