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Stressful times

Stressful times in the insurance sector are leading companies to search for novel solutions. Norwich Union, always looking to be in the vanguard, gave all its guests at the Money Marketing Awards dinner last week a massage pen.

The corporate gift was kindly accompanied by a map of the human body and different stress points. Norwich Union director of marketing planning and communications Sally Shires was intrigued by the toy and was heard to exclaim loudly: “I&#39m just trying to get mine to vibrate.”

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Basket case

A man in a hot-air balloon realised he was lost. He reduced altitude and spotted a woman below. He descended a bit more and shouted from the basket: “Excuse me, can you help me? I promised a friend I would meet him an hour ago but I don&#39t know where I am.”The woman replied: “You […]

Plan for second captive PI firm

Plans are being made for a second captive professional indemnity insurer for IFAs, with a scheme backed by a “major London broker” looking to set up a Gibraltar-based insurer selling PI cover into the UK.The scheme, which could launch as early as the end of May, has the necessary start-up capital in place and is […]

Datanite – Datanite

Monday, 31 March 2003 Aim: Growth by investing in the development and manufacture of silicon carbide technology used in the power and telecommunications industries Minimum investment: Lump sum £2,000 Opening/closing dates: March 28, 2003/April 5, 2003 Charges: Implicit Commission: Initial 2.5% Contact: www.datanite.co.uk

NU pension spokesman quits for consultancy role

Norwich Union director of pensions development Jerry Barnfield has left to take a senior pension administration role at consultant Hewitt Bacon & Woodrow.Norwich Union will not comment on the reasons for Barnfield&#39s sudden departure from his role as chief pension spokesman for one of the UK&#39s biggest life companies to take on an admin role […]

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Auto-enrolment — don’t leave it too late…

With auto-enrolment (AE) well under way for the UK’s largest businesses, over the next three years an additional 800,000 smaller employers (with less than 60 employees) will start their journey to comply with the legislation. AE mandates all eligible employees and their respective employers to make regular pension contributions into a qualifying pension scheme. To learn more about the legislation read our brief Jelf AEase — simple steps to AE compliance guide.

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