Suffolk Life has confirmed its intention to float onto the Alternative Investment Market. This follows the re-organisation of key roles, with finance director Renata Chester taking the new role of chief operating officer. A replacement finance director has yet to be appointed.
The FSA is to consult on whether protection policies maturing beyond age 70 should be regulated under investment rules as now or be allowed under general insurance rules. The consultation could open up the sale of policies under Icob rules rather than purely under Cob rules as with investment contracts. The age limit was origin- […]
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Platform has today announced that it will be launching its new online application tool clickapplication on Monday. It says the facility will save intermediaries time by enabling them to submit a full application through the companys website by also using its online pre-sale KFI and decision tool, clickKFI and clickdecision.In addition, to raise funds for […]
How L&C maintains its personal quality service amid expansion
Trevor Greetham, Head of Multi Asset In a marked contrast to the surge in risk sentiment that followed President Trump’s election in November, markets greeted Emmanuel Macron’s victory in the French presidential election with satisfaction and relief, rather than euphoria. After rallying strongly on opinion polls that accurately predicted the outcome, the euro held onto […]
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Trump’s announcements of tariffs on steel and aluminium have led to a much greater focus on the risks posed by his presidency We have had a rollercoaster start to 2018. January saw a rapid rise in global equities before markets succumbed to a technically driven sell-off, recovered a little, and sold off again on the […]
Legal & General has appointed Mark Jones to the role of product director of UK protection, within its insurance division. Jones joins from Sun Life. He will be responsible for the developer of both retail and group protection products, and will report into the managing director for UK protection, Steve Griffiths. Griffiths says: “We are […]