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Special Risks Bureau announces first major investor

Former Skandia Life and Scottish Amicable chief executive Paul Bradshaw is the first major external investor in the Special Risks Bureau launched by Garry Heath and Mike Owen.

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Pru blunder on releasing data

I am sure that all IFAs reading Dave Harris&#39s letter were as appalled as I was at the shoddy and unprofessional way that Prudential treated him (Money Marketing, September 4).I have been equally appalled at the attitude and unprofessional conduct of Prudential in that it has totally ignored the Data Protection Act and released comprehensive […]

Apathy costs consumers over £725 million a year

UK consumers are wasting over £725 million each year by not shopping around for competitive loan rates, according to research from The MarketPlace at Bradford & Bingley. Fifty seven per cent of people would go straight to their bank or building society if they needed to take out a loan. The research attributes this reluctance […]

Clerical sees end of boom in non-regulated products

The boom in IFA sales of non-regulated products will come to an end when regulation of protection and mortgages comes into force next year, Clerical Medical has warned.Head of sales Graeme Riddoch, speaking at Bankhall&#39s 10th anniversary conference in Barcelona last week, said he believed regulation would increase the cost of these products but would […]

Cofunds implements new switching charge structure

Cofunds has introduced a 0.25 per cent charge for switching funds within its supermarket.Already in effective, Cofunds says the change is in response to requests from IFAs who wanted a cleaner and simpler charging structure when switching clients&#39 investments on the Cofunds platform. Cofunds sales and marketing director Rod Aldridge says its previous system left […]

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