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Standard Life Bank hooks up with IFonline

Standard Life Bank is the latest lender to join the IFonline trading platform, bringing the number of lenders committed to the site to 50.

Standard Life Bank will now be able to accept electronic applications through the IFonline platform.

IFonline marketing director Mike Douglas says: “There should be no doubt in the minds of intermediaries which system can actually deliver processing benefits right now. The practical business use of the internet is fact not fiction via IFonline and intermediaries can simply log on to see for themselves.”


Why ScotEq with-profits bond failed to shine

Before IFAs are seduced by Scottish Equitable&#39s £500,000 ad campaign“to give IFAs the best support in the country” (Money Marketing, May 24),they should learn from our bitter experience. In January 1999, we promoted their marketing literature which proudlyproclaimed: “With-profits performance bond – a shining example.” The words ring hollow now when the product enhancements, to […]

Share and share alike

Having looked at unapproved and approved share option schemes over the past few weeks, including the relatively new Enterprise Management Incentives scheme, I would like to turn my attention to non-option share schemes.The main example of these until April 6, 2001 was the approved profit-sharing scheme.Profit-sharing schemes have been permitted since 1978. However, following the […]

Proposals to meet FSA&#39s PI objectives

The story in Money Marketing last week, headlined, FSA looks at scrapping PI, may have given your readers a misleading impression of our intentions.As CP 97 made clear, the FSA is proposing in the Integrated Prudential Source-book that PI would be manda-tory for financial advice firms with capital resources below £50m. PI provides protection for […]

UK fund managers earn the top pay in the world

UK fund managers earn more than their counterparts elsewhere in theworld, according to research by the Association for Investment Managementand Research and Russell Reynolds Associates. The median salary package for fund managers in this country is£141,000. topping the US average of £134,000. The UK average salary is almost double the average for fund managers inSingapore […]

Brexit Commentary from Natixis Global Asset Management

By David F Lafferty, CFA, SVP – Chief Market Strategist Thursday’s historic Leave vote in the UK will have both immediate and long-term consequences for the global economy and financial markets. The initial flight-to-quality reaction across asset classes has been exacerbated by the market’s misplaced confidence in a Remain victory leading up to the vote. Stock markets […]


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