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Standard Life launches £1m charity appeal

Standard Life is underwriting a staff charity appeal to the tune of £1m to mark its 175th anniversary next year.

Besides the £1m guarantee, the life office will match every pound staff raise up to a maximum £1m.

The appeal aims to encourage staff at each of its offices, to raise cash for their chosen charities. The charities range from local hospices through to national causes such as the Imperial Cancer Research Fund.


Newton Foundation and income funds to merge

Newton Fund Managers is to merge two of its unit trusts.The Foundation fund, which is only about £25.4m in size, will be merged into the £603m income fund.Foundation will cease to be available at the end of business on March 31, and all assets will be transferred into the Income Fund. The final Foundation fund […]

Specialist Investment and Pension IFAs most sought after in recruitment stakes

Investment and pensions experts are the most sought after personnel in the IFA industry according to financial headhunders.Recruitment specialists Options Search & Selection, which is planning to expand its presence in the life industry, has provided IFAs with an insight into their market value.Director Martyn Lofting says that brokers specialising in investments and pensions can […]

Britannic setting up fund arm to offer Isa

Britannic Assurance is launching a unit trust arm to give it a springboard into the Isa market.Britannic Unit Trust Managers is being set up to enable the life office to sell a full Isa range through its direct salesforce.Last month, the home service firm revealed plans to sell a select range of products through the […]

ABI issues explanatory memorandum

The Association of British Insurers has issued an &#39explanatory memorandum&#39 clarifying what constitutes best advice, following the PIA&#39s personal pensions regulatory update.The guidance is designed to help insurance companies and IFAs meet customer needs whilst meeting the regulator&#39s requirements.It offers advice on the implications of the PIA&#39s regulatory update for the self-employed, increases to existing […]


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