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Standard Life reduces critical rates

Standard Life is moving to cut its critical illness rates, with the changes mainly affecting accelerated critical illness cover which see cuts of an average 20 per cent. The changes took effect on February 27, with Standard targeting the mortgage market and younger lives. Accelerated critical illness benefits on its level, mortgage, renewable and convertible protection plans will see savings. Improvements have also been made to terms on children&#39s CI benefits.


Strutt & Parker Real Estate Financial Services – SPREFS Commercial Property Fund

Type: Closed-ended fund Aim: Growth and income by investing in UK commercial property Minimum investment: Lump sum £15,000, Isa £3,000 Investment split: 19.7% industrial, 25.3% offices, 55% retail Place of registration: Dublin Charges: Initial 5%, annual 1.25% Commission: Initial 3% Tel: 0870 420 5511

Axa feels positive despite fall in life and pensions

The Axa Group has seen positive results for 2003 despite a flat performance in UK life business. Its group results show adjusted earnings of £1.4bn last year compared with £1.3bn in 2002, with UK life and pension business earnings down by £152m to £30m from £182m. New UK life and savings business was also down […]

Abbey in shake-up for wrap

Abbey&#39s group marketing director is taking charge of its criticised wrap platform as part of a major structural reorganisation which will see the management team handed other responsibilities. Janet Connor is taking on the role largely performed by marketing director of wealth management and banking Hugo Thorman. Head of wrap for intermediaries Steve Conley is […]

Buoyant Britannic looking to buy

The Britannic Group looks to be on the acquisition trail following the release of its full year results this week. In the results it says the board believes there is “significant opportunity” for it to increase the scale and profitability of its closed fund business via acquisition and administration of other closed funds. Its closed […]

Leading Edge – April 2017

There is little doubt 2017 will be a year of political uncertainty. Leading Edge is Royal London Asset Management’s regular review of investment markets. This edition explores some of the impacts that this uncertainty is having on investors, from the pitfalls of prediction within UK equity investing to the dangers of opting for convenience over […]


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