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Standard Health triple PMI push for staff benefits

Standard Life Healthcare is launching three private medical insurance


It is maintaining its PMI rates for group business for six months until

February 2002 and is extending excesses on its corporate schemes to include

a £250 excess which also gives a 30 per cent discount off rates. This

is in addition to the current £100 excess level. The company also has

widened the occupations for quotations to include entertainment and media

firms, landlords, ship crews, emergency services and medical staff.

It points to research from Gallup which shows PMI is the UK&#39s

second-favourite staff benefit behind pensions. PMI came ahead of profit

share, maternity and paternity benefits, company car and dental care.

SLH believes skill shortages, staff retention and cost management are key

issues for employers and that IFAs need more reasons to promote PMI.

Intermediary sales manager Iain McMillan says: “Rates have been held and

additional excess options reflect the change in how people want to fund

healthcare. I am pleased that consumer research confirms how highly people

value PMI as a staff benefit.”


Investment seminars target IFAs

Fund manager Threadneedle is running a series of UK investment seminarsfor IFAs throughout October focusing on the low-growth marketplace. The New Strategies for a New Environment seminars followroadshows run by Threadneedle last year and will focus on key areas ofsignificance for IFAs&#39 business and the fund management industry. Topics will include Threadneedle&#39s view on which […]

FSA relents further on statistics

The FSA has given a further indication it is to soften its line on pastperformance, with confirmation that IFAs can continue to use statistics inreasons-why letters. In a draft of its new handbook, which was passed by the FSA board thissummer, the regulator says reasons used by IFAs in suitability letters caninclude “price, service levels, […]

Leaning tower in the marketplace

I had no idea Peter Hargreaves was so clever (Money Marketing, August 16). Fancy only 0.001 per cent of brokers understanding commission rates andcharges. I guess that must be Mr Hargreaves himself, standing,or should Isay towering,alone in the market. I never realised Mark Weinberg was so ignorant of the marketplace either. I suppose my recollections […]

UCB expands buy-to-let range

Nationwide offshoot UCB Home Loans has announced the expansion of its range of products with the two-year fixed-rate buy2let mortgage.The mortgage has an interest rate set at 6.49 per cent for loans of up to 80 per cent of valuation for the first two years. The mortgage comes with a redemption penalty of six months’ […]

Tax year-end planning with the family

From the Technical team at Prudential Let’s face it, many aspects of financial planning involve a lot of technical detail. At our face-to-face events, we’ve had great success bringing these technical topics to life through the use of practical case studies. Meet the family Prudential’s Planning Matters hub brings together a fictional family and explores […]


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