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Scottish Widows waives windfall

Scottish Widows will not continue to chase customers for reimbursement of the excess windfalls paid out following its takeover by Lloyds TSB last year.

The life office had contacted around 200 policyholders demanding they pay back the additional money it accidentally paid to them at the time of the takeover.

It now says it will no longer seek to reclaim the excess windfalls from policyholders who received them in error or where there has been undue delay in contacting them.


Bowes top on national press quotes

Chase de Vere spokeswoman Anna Bowes is the most quoted pundit in the national press, according to the PressWatch financial analysis for May.The monthly monitoring of financial national media coverage found Bowes was quoted almost twice as much as any other IFA last month.The report says: “She continues to make personal financial advice a readable […]

Bestinvest hooks up with TrustNet

Bestinvest is appointing TrustNet to provide data for its online fund profiles to its more than 50,000 private investors.Trustnet will now offer Bestinvest users information on the top ten portfolio holdings of any investment fund on its site.TrustNet founding partner and sales and marketing director James Jones says: “TrustNet and Bestinvest have a similar goal […]

Get a line on benefits of sales hubs

IFAs will not want to get left behind in the scramble for web presence, according to IFA web service provider My Money Adviser.The new company is touring the country advising IFAs of the benefits of its e-commerce sales hub service.Sales hubs are websites delivered in the IFA&#39s brand, which allow clients to transact business as […]

Bacon & Woodrow to appoint Government stakeholder providers

The Civil Service and NHS have both appointed Bacon & Woodrow to manage the selection of their stakeholder and AVC providers, which together will affect nearly 2m employees.The appointment follows both organisations&#39 decision to offer a stakeholder plan as a concurrency option to all employees and an additional AVC provider to supplement existing arrangements.Bacon & […]


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