View more on these topics

The Mortgage Operation targets IFAs online

Broker network The Mortgage Operation is offering intermediaries online access to a range of insurance products.

Intermediaries can quote building & contents and sickness and unemployment insurance directly through TMO&#39s online system at the same time as providing a mortgage quote.

In return they will receive the equivalent of 25 per cent of the monthly premium and advice will be indemnified by the policy insurer.

Recommended

AMP in 6% condition on shortfalls

Mortgage endowment customers facing shortfalls with Pearl, London Life and NPI are the latest to be promised their policies will hit their target subject to certain conditions.Australian financial services group AMP, owner of the three insurers, says the endowments are guaranteed to meet their targets but only if the funds in which policyholders&#39 money is […]

Legal & General adds new pension fund to its choice

Legal & General is targeting the pensions market with the introduction of the global equity fixed weights fund.Global equity fixed weights is a pension fund that can be added to a Legal & General pension scheme. It is aimed at people who want to anchor the majority of their investment in a tracker fund, with […]

Widows criticised over mailshot to IFA clients

Scottish Widows has apologised to IFAs after the latest in a series of admin bungles which saw IFA clients sent a mailshot inviting them to contact a Lloyds TSB consultant.Widows admits it accidentally issued nearly 1,000 IFA clients with a mailshot aimed at encouraging Lloyds TSB clients to increase their pension contributions.The mailshot advises clients […]

ScotEq pension error sparks unprecedented move by NU

A £172,000 bungle by Scottish Equitable could lead to the premature unwinding of a pensioner&#39s annuity with another life office.In what is thought to be an unprecedented move, Norwich Union has agreed to surrender an annuity bought by Sussex pensioner Gordon Derby six years ago despite clear terms in the original contract forbidding the release […]

Inheritance tax – How to declare and who pays

By Kim Jarvis, Canada Life In this article we look at which forms personal representatives (PRs) need to complete and who actually pays the tax. To recap, under current rules, any part of the estate that falls within the available nil-rate band (NRB), currently £325,000, is taxed at zero. Anything in excess of the NRB is […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment