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Standard makes PTA product available online

Standard Life has rolled out its PTA product Life Insurance with Tax Relief on the internet via online submission, including underwriting.

The online process shows the gross and net premiums and clean cases have immediate temporary cover of 30 days or until the signed application is returned.

Quotes are available from and the leading industry portals, offering enhanced commission levels for advisers preferring to use the online services. The incentives are 5 per cent enhanced commission for obtaining an electronic quote and 15 per cent for submitting the business online.

Standard Life sales e-commerce manager Billy Burnside says:

Our research shows advisers prefer obtaining quotes and submitting applications through portals and the extranet services of providers, rather than using the phone or fax.”


Cameron wants to revive right to buy

Tory leader David Cameron has called for a return of the right-to-buy policy of the 1980s and a planning revolution to boost housing supply. Speaking at a Cicero Consulting first-time buyers’ summit in London last week, Cameron said a radical solution was needed to address housing problems and he has commissioned a Tory working group […]

Widow is a Braveheart in company’s new calendar

Scottish Widows’ new widow Hayley Hunt remains calm in the face of a storm in the company’s latest marketing campaign. Widows has commissioned acclaimed Scottish photographer David Boni to produce a limited edition of 500 calendars featuring Hunt.

DWP rapped over disclosure delays

The Department for Work and Pensions has been criticised for delaying reforms to the disclosure requirements for defined-benefit schemes. The regulations, designed to bring disclosure requirements in line with defined-contribution schemes, would have forced DB schemes to produce an annual statement of benefits to members from next April. But pension reform minister James Purnell said […]

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Absence management systems gone AWOL from UK’s SMEs, reports Jelf

A quarter (23 per cent)* of the UK’s small to medium-sized enterprises (SMEs) do not have an absence management system in place, according to new research from Jelf Employee Benefits. Despite 69 per cent* of organisations having a system in place, three-quarters (75 per cent) report that it is not providing them with sufficiently empowering absence or health data to inform an effective wellbeing programme.


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