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The Telegraph launches financial advice service

Sedgwick Financial Services and The Telegraph are set to offer independent financial advice to the papers readers.

The new service will be branded Telegraph Independent Financial Advisory Service and will initially be available to 5,000 selected readers on a trial basis.

Sedgwick&#39s practice director Andrew Oliver says: &#34We are particularly pleased to see a major brand such as the Telegraph promoting a full advisory service to its readers, bucking the trend of recent years for major brands to move into the role of product provider.&#34

The Telegraph&#39s commercial development manager Andrew Collyer says: &#34When looking at suitable partners, it was obviously essential to protect the Telegraph brand and so we went through an exhaustive selection process.

&#34We settled on Sedgwick which shares our commitment to quality service delivery but which also has a sophisticated servicing infrastructure capable of delivering a high volume service of this kind.&#34


FSA updates pension booklets

The FSA has reproduced its information booklets aimed at employees considering opting out or transferring from their employer&#39s pension scheme.The latest editions of the booklets the FSA guide to the risk of pensions transfers and the FSA guide to the risks of opting out of your employer&#39s pension scheme are now available from libraries, citizen […]

Intrinsic Value Partnership luanches new investment trust

Intrinsic Value Partnership has launched a new investment trust specialising in smaller quoted and unquoted company stocks.The Intrinsic Value Trust aims to achieve a return greater than the FTSE All-Share index over the long term.It will be managed by Belgo Group non-executive chairman Luke Johnson and Mark Horrocks, a former fund manager at Guardian Asset […]

Chelsea Building Society cuts mortgage rate

Chelsea Building Society is cutting its mortgage base rate by 0.15 per cent to 6.69 per cent from 6.9 per cent.The rate change will apply for both new and existing borrowers from August 1.The society is currently reviewing the rest of its mortgage range, with an announcement on any changes expected before August.It is also […]

Sales of individual Critical Illness policies continue to grow

Sales of individual critical illness policies are going from strength to strength according to figures from re-assurer ERC Frankona.The figures for 1998 reveal a 7 per cent increase to xxx in new individual policies sold from the previous year.There are now nearly 2.3m policies in force which represents a market penetration of 8 per cent […]


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