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The Exchange launches new service with Life Policies Direct

The Exchange is launching a new comparative quote and transaction
service that caters for IFA call centre operations.The service has
been developed with protection IFA Life Policies Direct.

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L&G cuts critical rates

Legal & General has moved to make itself more competitive in the critical-illness cover market, cutting its guaranteed rates by an average of around 8 per cent, breaking the trend in the market. Protection event director Ronnie Martin says the move should not be interpreted as a reversal of the trend for increasing premiums but […]

Tigue elected to AITC board

Jeremy Tigue has been elected to the Association of Investment Trust Companies board. Tigue is manager of foreign & colonial investment trust. Tigue replaces Ewen Macpherson who has retired by rotation in accordance with the AITC&#39s articles. The AITC has also re-elected Richard Burns, chief investment officer at Baillie Gifford & Co and investment trust […]

HNWs seek alternative investments

The high-net-worth market has changed significantly over the last three years, with a switch to alternative investments, says Market Dynamics Research & Consulting. The firm says the HNW sector is set to rise by 6.5 per cent this year but is unlikely to return to double-digit growth in the short term. Its research shows that […]

FSA thwarts cherrypicking with new data rules for ads

The FSA is imposing rules to standardise the presentation of fund data in a bid to prevent groups cherrypicking favourable time periods when displaying past performance in advertising.The rules, which were exclusively revealed in their proposed form in Money Marketing last March, insist that past performance is accompanied by a table showing five-year discrete annual […]

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