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Suisse pressure

Credit Suisse has been written off by advisers and some newspapers. This is arguably true for further retail sales, at the very least in the short term.

But it is not exactly the nail in the coffin and it still has huge amounts of investors’ money in its multi-manager funds. IFAs should keep up the pressure on the firm to reveal what its plans are to make sure performance is maintained on these funds. That means more information than has been contained in terse press statements.


Moneyfacts opening up loan system

Moneyfacts is set to take on Mortgage Brain and Trigold with a full application and sourcing system for mortgage brokers.The firm already runs a limited sourcing engine for intermediaries called eMoneyfacts used by 8,000 brokers but is planning a complete revamp of its system.Brokers have welcomed the move as it will provide much needed competition […]

Bupa ponders space cover

Bupa is looking at offering travel insurance for space tourists in light of Virgin Galactic’s planned space flights in 2009.

Decline and fall

Helen Pow reports on how Prudential’s research has inflamed the protection industry by putting forward the huge figure of £43bn for declined claims.

IFAs too tough as chasers switch to banks and PPI

Leading claim management companies are now turning down claims against IFAs as they believe they are unprofitable and are instead focusing on payment protection insurance and bank charges.Brunel Franklin director Ian Allison says the firm has decided it is not commercially viable to go after sales made through IFAs due to the time and expense […]


Out from the long grass? An IT and NI merger

Those with a long memory will recall that at the start of the last parliamentary term George Osborne announced his intention to merge income tax (IT) and national insurance (NI).  Headline grabbing as the initiative was, the reality of the complexities, challenges and costs of such a move resulted in this idea being kicked into the political long grass.


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