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Skandia launches wrap account for IFAs

Skandia is launching a wrap account allowing IFAs to manage their client&#39s Skandia products through one online service.

Available free to the 12,000 IFA users of Skandia&#39s extranet at launch in June, the account can be used to manage Skandia&#39s pension, protection and investment bond products while providing access to Skandia Investment Management&#39s portfolio management service.

IFAs can white label valuations and mail them to clients.


ABI says FSA admits problems extending Sandler WP reforms

The FSA has conceded that there would be difficulties in extending the Sandler withprofits reforms across the industry, according to the ABI.In its response to DP20, which considers the viability of extending the Sandler recommendations to all with-profits products, the ABI says the regulator has correctly poin-ted out the obstacles to industrywide implementation of the […]

FSA to probe Pearl staff over misselling claims

Up to 35 Northern Scotlandbased sales staff at Pearl are being investigated by the FSA concerning allegations of sales irregularities.A spokesman for trade union Amicus which represents the workers says about 35 sales staff, the majority of whom are waiting for redundancy payments from Pearl after its salesforce was closed, are being investigated by the […]

Marketplace aims two-year tracker at remortgages

The MarketPlace at Bradford & Bingley is offering the remortgage market an exclusive flexible two-year tracker loan.The open plan loan, funded by Woolwich, has a current rate of 3.74 per cent and is guaranteed to be 0.01 per cent below the Bank of England base rate until July 2005.The rate then reverts to 1.5 per […]

NatWest shifts loan focus from estate agents to IFAs

NatWest is shifting the focus of its lending arm towards the IFA market from estate agents.The bank says it plans to widen its parameters away from estate agents to encompass the lucrative IFA market.It currently gets 30 per cent of its business through IFAs and hopes to increase this figure to at least 50 per […]

Can you put a hat on?

By Sarah Scott, marketing consultant You might think the question in the title is a strange one. Perhaps even more so when you learn that it’s one of several asked as part of an assessment for Employment Support Allowance eligibility in the opening scenes of the 2016 film, ‘I, Daniel Blake’. Daniel is a carpenter […]


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