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Teachers Group

The £39m Sovereign ethical fund has underperformed by 11 per cent. Sales director Wendy Michie says the fund’s mandate is unlikely to be changed.

She says: “It is not something we have a concern for. If you look at December 2006, we were at the top. It is one of those funds that kind of bounces.”


Adequacy change will force out Small IFAs

It is unfortunate that the FSA takes a view that the small IFA does not provide good advice, sells all policies on commission and does not offer fee-based advice. I have been in this industry since 1983 and have a substantial number of satisfied and wealthy clients. Some pay fees and some do not. Many […]

L&G launches underwriting academy

Legal & General has launched an academy to give in-depth medical training to senior underwriters and claims handlers. L&G says increasing the level of medical expertise among its underwriters and claims handlers will allow it to more accurately assess the medical aspects of customer applications and deal with claims efficiently and fairly. Claims and underwriting […]


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