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Sudden death of Jim Gilchrist

Former Scottish Life sales director Jim Gilchrist has died of a heart attack at the age of 63.

Gilchrist retired from Scottish Life in 2003 after 35 years with the company, joining in 1968 as a Glasgow branch manager. Known as one of the industry’s personalities, Gilchrist took a keen interest in financial services issues.

He recently celebrated his 40th wedding anniversary with his wife June and also leaves two daughters and a son.

He started his career in 1963 as a Scottish Widows’ clerk and then became an inspector in Fife for Standard Life before joining Scottish Life. After he retired from Scottish Life, he became a non-executive chairman of national IFA Clarkson Hill Group.

Gilchrist was a Conservative councillor in Murrayfield, Edinburgh for over 20 years and had considered standing for the Scottish Parliament.

Ex-Scottish Life International marketing director John Allison says: “Jim was one of the last remaining characters in the industry, always larger than life, and a great friend. He was the best sounding-board I knew for what was going on in the sector, never losing the knack of what will sell in the IFA community and he has to take a great deal of credit for Scottish Life’s current position.”


Leeds & Holbeck launches 10-year fixed rate at 4.65%

Leeds & Holbeck building society is launching a best buy 10-year fixed rate mortgage at 4.65 per cent.The rate will be available at 80 per cent LTV and Leeds & Holbeck says it is a response to diminishing belief that another base rate cut will occur by the end of the year, and because many […]

Driving forces for better CI definitions

Earlier this month, the ABI’s critical-illness working party announced that the definitions of claimable conditions should be tightened to make them “future proof”. There will be further consultation during the year to finalise the new definitions. It looks likes Alzheimer’s disease and HIV transmitted through non-sexual activity will be added to the list of claimable conditions.

Conference call-up

As the summer holidays come to an end, children prepare to return to school and the roads clog up in the mornings, there is time for reflection on the drive into Bri- stol every morning.

When is £1m not £1m?

Neil Jones is technical support manager with Canada Life’s ican Technical Services Team. Canada Life offers a range of wealth management solutions, including retirement income planning, estate planning and investment solutions from a choice of jurisdictions, including the UK, Isle of Man and Republic of Ireland. The residential nil-rate band (RNRB) was first announced in […]


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