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Sloc&#39s new UK chief outlines designs on IFA market

Sun Life of Canada&#39s new UK manager Steve Melcher says that one of his main aims is to strengthen the life office&#39s presence in the IFA market.

Melcher, who has just been appointed senior vice president and general manager at Sloc made the comments in his first press briefing this week.

Melcher is the former chief executive of Allied Dunbar and Eagle Star.

He said: &#34We plan to continue with two levels of distribution, our salesforce and IFAs. We have a market position and the next thing we want to do is to broaden that. That is key.&#34

He adds: &#34I do not want to get into product strategy but we want to build on the success we have had in the IFA market.&#34


Woolwich starts ISA publicity blitz

Woolwich has started a publicity blitz to herald its range of individual savings accounts due for launch in April.The bank says it wants to develop a consumer brand that is simple and appealing for the man on the street as well as the serious investor.It will also offer an on-line ISA facility which allows consumers […]

BCWA donates £75,000 to meningitus research

Health insurer BCWA Healthcare is donating £75,000 from its charitable trust to a meningitus research programme.The award, covering a three-year period, will continue to help fund research work at Surrey University and leaflets to publicise the disease.BCWA sales and marketing director Philip Fowles says: &#34It is hugely encouraging for BCWA to be able to put […]

Norwich Union launches savings tracker fund

Norwich Union has launched a Savings Tracker Account that will track the interest rates offered by up to 12 leading providers of comparable deposit accounts. Initially the account will only be available to customers wishing to reinvest all or part of the proceeds from a maturing policy or pension. The minimum investment is £1,000.

Barclays sees housing market confidence falling further

Confidence in the housing market is continuing to decline and consumers are searching for greater financial security according to Barclays Mortgages.The lender says the factors that would make consumers feel more confident about moving home are the need for less debt, more secure income, lower mortgage payments and stable house prices and inflation.It says that […]


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