Skandia, Friends Provident and Axa are the protection providers with the highest satisfaction ratings from IFAs on nine service areas, including commission admin and application process time, says Defaqto. Scottish Provident, Norwich Union and Bupa had the lowest satisfaction ratings but did better in the image and reputation category.
HSBC is planning to expand its distribution of protection products aggressively and says it is making deals with third-party distributors.As exclusively revealed in Money Marketing last week, HSBC is expected to enter the intermediary protection market in the second half of next year by making its life, critical-illness and income protection products avail-able to IFAs.The […]
Pipeline PTA business was valid up to a week after the pre-Budget report shock U-turn, HM Revenue and Customs has revealed.It says pipeline business will be unaffected by the PBR move and says applications received by insurance companies up to midnight on December 13 will receive tax relief.Torquil Clark Life Insurance director Jason King says […]
Two thousand and six has certainly been the “year of consolidation” in the adviser software market, with many of the best known software providers changing ownership.
The work and pensions select committee has set up an inquiry into the Government’s second White Paper on personal accounts, with oral hearings to take place in February.
By Denise Wond, marketing manager The buy-to-let market has recently been the subject of a raft of tax changes, all of which make it a less profitable and less appealing proposition for investors. In response, we’ve seen a dip in demand for BTL mortgages and that’s bad news for many advisers who will now be looking […]
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It is likely the increased regulatory scrutiny on fund managers’ value could filter down to advice firms in the future In my last article, I considered the influence a non-executive director could have in challenging an advice firm’s business model in light of the pension transfer issues. Now, in its asset management market study final […]
The financial services industry has failed to find ways of nudging consumers to think about their options at retirement, despite three years of pension freedoms. A panel at the Association of British Insurers retirement conference today lamented the way companies talk to people about pensions and the lack of engagement it inspires. ABI director general […]
The new chief executive of the single financial guidance body can expect a salary of £175,000 a year, according to a job advert posted online. The advert, posted on the Cabinet Office website says applications will close in mid-May with final interviews held in early July. The date for announcing the successful candidate has not […]