View more on these topics

Standard in £3m drive to push the mutual message

Standard Life has unleashed a campaign defending its mutuality with a

series of print and broadcast advertisements.

After sending out a letter to its members and IFAs, the life office is

hitting the national stage to hit the message home.

The print campaign will be first at a cost of £1.3m, followed by a

national broadcast campaign on peaktime television worth £2m.

Standard Life is trying to undermine the arguments raised by

carpetbagger-in-chief Fred Woollard that with-profits policyholders stand

to gain windfalls averaging £6,000.

It argues that some policyholders would stand to gain as little as a few

hundred pounds and the average payout would be much less than Woollard&#39s


The press ads will repeat Standard Life&#39s claim that there is no sound

business reason for converting to a publicly owned company.

Woollard plans to run an ad campaign himself. He fired off a letter to

members and IFAs, responding to Standard Life&#39s correspondence and plans to

take his case to public via press advertisements as well.


Out with the old, in with new pensions

Stakeholder blight and further proposed changes to the retirement planningmarket have confused investors, created a number of challenges toconventional thinking and taken their toll on new business levels.For many high-net-worth individuals, stakeholder is an irrelevance.It istime to seek out new ways of planning.An offshore life bond can easily be defined as an alternative retirementcontact or, […]

Perpetual rethink as Amvescap talks end

Perpetual has drafted inMerrill Lynch and Cazenoveto help review itsoptionsafter takeover talks with Amvescap fell through.The UK-owned fund manager says it has received a number of approaches frompotential buyers and is considering the best plan of action.Talks with Amvescap are thought to have broken down after it was unwillingto meet Perpetual&#39s asking price of £45 […]

Why Government fears coming clean over with-profits

If the Government wants to ban with-profits from stakeholder, it shouldbite the bullet and say so publicly. It would have to justify the decisionand back its arguments with facts and figures, hopefully explaining why toParliament, the pension industry and consumers.As a result, ministers would find it difficult to boast about extendingconsumer choice when they are […]

The five pillars of e-wisdom

There is a definite gap between e-commerce expectation and reality. Butthe reality is closer than you might think. The next five years promise themost significant revolution in retail finance distribution strategy.Change will be driven by the explosion in competition and the expectationof ever increasing levels of customer service, forcing retail financialservices institutions to accelerate the […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and thought leadership.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm