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Standard Life

There was no change in the distinguished line-up for this category. It is the fourth year in a row that Standard Life can claim to be the champion of group pensions providers and adds to the clutch of awards that the life office took home from the ceremony. Scottish Equitable held on to last year&#39s second place and Norwich Union kept third spot.

Standard Life assistant general manager (marketing) Colin Ledlie says: &#34Particularly important for group pensions is the use of technology which we have excelled in. We have also excelled in our range of product features.&#34 Scottish Equitable director of marketing Ken Hogg says: &#34We are delighted with our continued high recognition in terms of the group pensions market. With stakeholder on the horizon, there is a heightened focus and pressure for success on providers in the group market. The reason for our continued success falls back to fundamentals &#45 full and flexible product terms, market-leading technology support delivered through our SmartScheme initiative, a steadfast commitment to the IFA distribution channel and our AAA Standard & Poor&#39s financial strength rating.&#34


Income-protection broker is jailed for £200k fraud

A broker specialising in income protection was sentenced to six months injaillast week after admitting fraudulent trading.Andrew William Hill, sole director of broker Denis Hilton appeared at theOld Bailey after magistrates at the City of London magistrates courtsdecided last month that their powers of sentencing were insufficient.Hill had admitted the misuse of monies intended for […]

Stakeholder waiver fears over tax and cost threats

Pension experts fear thousands of stakeholder policyholders could miss outon waiver of premium cover under current Government proposals.Providers and IFAs are concerned that because waiver of premium contractswill become separate from stakeholder schemes from next April manypolicyhol-ders will either struggle to find a waiver provider or will findthe cost of getting a waiver prohibitive.Waiver of […]

No quick solution to recurring PI poser

IFAs waiting for a new Aifa initiative to take the sting out ofprofessional indemnity insurance are in for a long wait as it could takeyearsto bear fruit.It may even prove ineffectual – unless the pitfalls of past projects areavoided – as more and more products come up for review, keeping the cost ofPI high.The pension […]

A Consumer&#39s View

Have interest rates peaked? The experts do not agree but it looksincreasingly as though the housing market is cooling – as the Governmenthoped – that borrowing is declining and consumer spending is falling off.What does this mean for investors? The most obvious reaction is that bondprices will rise in expectation of yields declining. Moreover, investors,exhausted […]

Europe: banking on a recovery

Neptune video: Europe — banking on a recovery

Arguing that the eurozone crisis is over, watch Rob Burnett, head of European equities at Neptune, discuss the sectors that he’s investing in to harness the recovery. 

In the video, Burnett addresses the following: 

• The primary drivers of the eurozone’s economic recovery
• The turnaround in individual countries’ current accounts
• Sectors best positioned to harness the recovery, without offering undue exposure to risk


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