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Sun Life & Provincial Holdings appoints two non-executive directors

Axa Sun Life holding company Sun Life and Provincial Holdings has appointed two new non-executive directors.

They are Misys deputy chairman Strone MacPherson and Reed Elsevier co-chief executive Nigel Stapleton.


Axa goes ahead with occupational drawdown

Axa Sun Life is going ahead with plans for an occupational pension drawdown plan despite industry criticism that the option is being less attractive than switching to personal pensions first. The plan demands a fund of at least £50,000. There is a 100 per cent allocation rate and a monthly policy fee of £2.55. For […]

CGU launches with proifts annuity

CGU is launching a with profit annuity aimed at pensioners looking to make the most of their pension funds.The with-profits annuity will provide a viable alternative to traditional annuity schemes which have suffered from falling returns in recent years.The new annuity is available to funds with a minimum of £15,000 and will allow clients to […]

Framlington extends special offer on Japan Fund

Investment management specialist Framlington has extended the special offer on its Japan Fund until October 1, 1999.The offer gives investors a 1 per cent discount on the fund initial charge of 5 per cent. There is an annual management charge of 1.5 per cent.Framlington marketing director Craig Walton says: &#34Investments in the fund focus on […]

Furness Building Society offers a freestart

Furness Building Society is offering all new homebuyers one years free accident sickness and unemployment cover for their new loan.The &#34Freestart&#39 ASU scheme is fully compliant with the Association of British Insurers and Council of Mortgage Lenders new mortgage payment protection insurance guidelines.Cover is written on a back to day one basis after an initial […]

Trusts: Easier than you think?

Protection providers often extol the benefits of placing plans in trust. The advantages for clients are widely recognised and numerous – inheritance tax mitigation, avoiding probate delay, controlling claim proceeds, and so the long, familiar list continues. Yet, dismissed as unnecessary form-filling, or simply viewed as irrelevant in the context of a mortgage sale, less […]


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