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Threesixty supports NCG’s PI offering to wider market

IFA support service provider threesixty services is welcoming NCG Professional Risks decision to offer its preferential terms on professional indemnity insurance to the wider market.

Providing a firm demonstrates it has its own robust systems and controls in place, or that they are a client of a support services provider capable of performing to high standards, NCG will now offer them its preferential terms, removing the exclusive deal previously in place with Bankhall members.

threesixty services founding partner David Brattesani says: I am pleased NCG are taking a responsible attitude with regard to the risks within their facility. Too many support providers have diluted their offering to the point where they are not genuinely offering added value and it is important that PI brokers such as NCG protect the interests of those IFAs who are investing in genuine support services and are maintaining appropriate systems and controls.


Upping the anti

2006 is likely to see the introduction of further anti-avoidance measures

Leeds criticised over 1.89% loan deal

Leeds Building Society has been slammed by IFAs for marketing a mortgage to first-time buyers that sees monthly payments jump by almost 350 per cent after two years. Leeds says the 1.89 per cent headline rate is designed to help FTBs and young professionals get on the property ladder but it locks borrowers into its […]

Skandia IM launches Isable property fund

Skandia Investment Management is launching an Isable property vehicle to be run by ING Real Estate. The Skandia Property Fund, to be run by ING’s Nigel Pickup, will invest in a total of 25 holdings with the 10 largest positions accounting for 70 per cent of the portfolio. The 260m fund was orignially run as […]

Critical barrage for Big V plan

Advisers have criticised Virgin Money’s cancer-only protection product, The Big V, for being more expensive and having less coverage than many critical-illness policies. There are concerns that clients could switch out of CI cover or life policies and be worse off. The product is administered by Scottish Widows and features three stages of cancer cover […]


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