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Skandia sees record high-value CI sales for August

Skandia says has witnessed record high-value critical illness sales for August.

Over a dozen CI policies were purchased at over 1m sum assured each, four of which has sum assured at 2m.

Skandia says moving towards reducing benefits in CI products to provide low-cost policies is not the answer for the wider market and could increase customer dissatisfaction with these products in the long-term.

Skandia protection marketing manager Alison Turner-Holmes says: “Our sales show that it is far from all doom and gloom in the CI sector, particularly for quality products that offer good benefits for the consumer.”

Low priced policies may appear attractive but we believe consumers want value for money and cheap deals often do not deliver that.”


Agency could assess regulatory impact

The Lib Dems are considering setting up a separate government agency to assess independently the burden on industry caused by the FSA and other regulators. Shadow Chief Secretary to the Treasury Chris Huhne told Money Marketing in Blackpool he has been in discussions with the Dutch government about a model it uses to make an […]

It all adds up to nothing

Sorry, I know what I am about to comment on happened a couple of weeks ago but I really had to come back to this topic, if only because of the utterly mendacious way in which the Government has chosen to treat the issue.

Eurolife offers investors 50% to get out early

Eurolife Assurance is offering investors in its secured bond structured product half their original investment back if they want to walk away from the company now. The alternative is to stick with the group’s five-year restructuring plan which aims to repay 88 per cent of the original investment by 2009. The bond was marketed in […]

Fairs IFA in link-up with Selectapension

Fairs IFA Software has signed a partnership with online pension calculation provider Selectapension. The deal aims to provide advisers with a full set of retirement planning calculation tools from within the Fairs IFA Manager product. Fairs says it is the first back-office IFA product to offer extensive retirement planning calculations. It says the Selectapension tool […]

Derek Stuart: where to find value in the UK?

Derek discusses a number of Œself-help stories as examples of where he is finding good opportunities in the UK With the FTSE trading at historically high levels, many investors have questioned whether UK equities continue to offer value. But, as Derek points out, the headline figures mask many opportunities at a sector level. He has […]


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