View more on these topics

Time for Scottish Life clients to air their views

As a typical member of our industry, for the last seven years I have been reactive rather than proactive when advising clients on their voting rights when an insurer wantsto demutualise.

Looking at current and past demutualisation of insurance companies, I feel the members&#39 interests were not fully represented.

Scottish Life have recently received major press coverage on their supposed sale. I, as a policyholder and an IFA with many clients with Scottish Life policies, want to be consulted properly before final decisions are made.

I have never been a lover of collective bodies such as action groups but I feel there is a need for IFAs to bond together to produce one individual voice to represent their clients with Scottish Life policies.

I would appreciate your readers&#39 views on this matter and wish to seek support from IFAs with clients who are Scottish Life policyholdersas well as actuaries or lawyers who are Scottish Life policyholders.

Harvey Sutton

John Sutton Partnership,

Chorlton, Manchester

email address:


HMC in rebrand

Household Mortgage Corporation, the centralised lender owned by First National Bank, is to rebrand as First National Mortgage Company.FNMC is set to be laun-ched on October 2 and will operate through registeredintermediaries, taking over HMC&#39s existing residential mortgage book which is worth over £1bn.FNMC will accept mortgage applications from brokers from October 2 and new […]

Saving the planet from asteroids and tied agents

The Liberal Democrat Conference ended last week in Bournemouth with a rousing call to arms heading into next year&#39s expected general election.The mainly blue-rinse pensioner delegates descended on the Southern seaside resort town by the coachload, determined to make their voices heard by the party that promises a new way of politics.They were only outnumbered […]

The true tax-exempt status of Peps and Isas

As an independent financial adviser I am very worried about the fact that the public are purchasing Peps and Isas without realising that theirtax-exempt status ceasesupon death.This, of course, could have very serious implications.I have recently had to deal with two death claims with unexpected tax implications imposed by the accumulated effect of continual Pep […]

Darling gives credit to savers

“Virtue is its own reward” has been a proverb since Roman times but has had little resonance for savers since the launch of the modern welfare state.All too often, it seems the spend-as-you-earn brigade have been bailed out in retirement by the state while many of those who saved for a rainy day have been […]

European Opportunities: 'It’s nice when stock selection results in a macro tailwind'

Amid significant macro headwinds in August, Mark Page explains why his fund’s focus on stock selection has helped it outperform a falling market in August. BESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswy


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm