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Standard Life

Standard Life took the honours again this year having won the award for the previous two years. Norwich Union took second place from third last year and third place went to CGU.

Standard Life assistant general manager (marketing) Colin Ledlie says: &#34The IFAs looked at our investment performance which has been consistently good over the years. Other factors which come into play are generic factors such as the quality of service and financial strength.&#34

NU proposition manager (investments) Iain Wylie says: &#34It is an absolutely tremendous result and shows the hard work we have been putting in terms of product design and improving performance. We have built on a very strong base and it is always great to see we are improving. We are looking forward to being first next year.&#34


CPD programme to set competence standards for LTC

Savers who open an account with Cheltenham & Gloucester before July 31will be given two free tickets to any National Trust house or garden. C&Gwill also donate £1 to a National Trust coastline campaign for each accountopened.Trade bodies Sofa and IFA Care are teaming up to develop a continuingprofessional development programme to establish minimum competence […]

CII introduces half-papers to promote AFPC

The Chartered Insurance Institute is planning to pilot half-credit AFPCpapers in a bid to make the qualification more attractive to IFAs.A proposal was passed at a CII board meeting last week to offer papersworth half the credit of existing papers.The pilot scheme will kick off from April 2001 on the topics of pensionfund withdrawal and […]

Cat claws at margins

The Treasury says Cat-standard mortgages are straight- forward, clear,fair and easy to understand.After reading the four-and- a-half pages of the Treasury&#39s documentembodying the standard, none of these descriptions sprang readily to mind.On account of this, it is undoubtedly going to take providers some time toabsorb and evaluate the new stand-ard but those with products that […]

Omo sapiens

The revelation that 75 per cent of people are missing out at retirementbecause they do not shop around with their money has had little impact onan industry which makes its profits from client apathy.But it has prompted calls from some industry experts for action from theGovernment, which could face criticism if it does not ensure […]

The death of retirement – a boost for protection?

According to our recent report on the death of retirement, changes in workplace pension provision mean that coming generations of retirees could have a radically different experience of retirement from their parents. The average contribution rate into an old-style final salary pension was around 20% of total wages, the statutory minimum for a new automatic […]


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