View more on these topics

Seumas is hanging up his 14 sporrans

Former Pearl Assurance salesman Seumas McSporran is hanging up his hat,


cap, helmet and a whole host of other headgear as he retires from a total


of 14 different jobs on Gigha, a wee island off the Mull of Kintyre on the


west coast of Scotland. The 62-year-old held down jobs as the island&#39s


insurance broker, policeman, fireman, pier master, post master, rent


collector, undertaker and bed and breakfast proprietor, among others.


Having decided to retire, McSporran says he is at a loss for filling his

Recommended

IFAs claim ….

IFAs claim they are baffled by the trendy, management-speak job titlesadopted by Royal & Sun Alliance.Where once you had an IFA pensions marketing manager, the life office nowboasts an asset accumulation leader. The market manager for pensions hasbecome asset release leader and the post of savings and investment marketmanager has been renamed IFA personal market […]

Safety.net for wary new tech investors

HSBC Asset Management is launching a protected technology Isa to attractinvestors wanting to participate in the tech boom without the risk.The Dublin-based closed-end Safety.net fund will protect 90 per cent ofthe initial capital while offering a 100 per cent return on all gains onthe portfolio through the use of derivatives.The fund will have a life […]

IFAs caught in the mortgage Cat trap

Intermediaries and lenders believe finalised plans for Cat-markedmortgages have muddied the already murky waters surrounding the role thatIFAs will play in the benchmarked market.Legal & General marketing manager housing market Richard Verdin says: “Igenuinely do not think that IFAs have differential earnings on their mindwhen they are advising on a particular product over another but […]

Forming attachments

IFA service providers have mushroomed to seven from just one (TheExchange) at the last count, including Assuresoft, Synaptic, Misys and anumber of others created by national and network IFAs such as Bankhall andWillis National.These service providers have acted on IFA wishes to provide an electroniccomp arative quotation service and other information-based services totheir financial adviser […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment