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SRB launches online service for IFAs

The Special Risks Bureau is launching an IFA online service with Webline. The service will allow Webline&#39s 9000 advisers to transact impaired lives business online.


Ex-Standard salesman pulls out of tribunal

Standard Life has avoided a dispute with a former salesman after he withdrew allegations against the company days before an employment tribunal hearing was set to take place. Last week, reports surfaced that Alan Bate, who was a financial adviser until March this year, was taking Standard Life to an employment tribunal in a constructive […]

MCCB looks at self-cert sales to salaried employees

The Mortgage Code Compliance Board is to look closely at sales of self-certification mortgages to salaried employees. The FSA has relaxed its rules on self-cert, allowing loan to be taken out by employed people. But MCCB chief executive Luke March says future compliance monitoring will look into how sales of self-cert products are being justified […]

Destini buys two more IFA firms

IFA consolidator Destini has made two more purchases buying former Sesame IFA Applewood Associates and Bervale Mead. The IFAs have six RI s between them and a combined turnover of £1.9m. Both acquisitions were made through a combination of cash and shares. Destini chairman and chief executive Barry Parsons says the 11 acquisitions made in […]

Make the conversion

It is time for advisers to urge corporate clients to face the facts. An uneconomic defined-benefit scheme can deplete a company&#39s profits, decimate its share price and damage its competitive position. It may even threaten the company&#39s viability. With the DB liability now based on the full buyout cost of immediate and deferred annuities, most […]


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