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Treasury say &#39Yes&#39 to stakeholder products

The Treasury officially today announced it plans to push forward with the Sandler review&#39s recommendation of a suite of simple products aimed at closing the savings gap.

At a conference in London attended by approximately 120 delegates from the industry, Treasury Financial Secretary Ruth Kelly said the Government is impressed with the depth of the Sandler report and plans to push forward with its flagship recommendation.

Kelly said the next step in the process is for Government and industry to work together to come up with specific product details and distribution for the new products, with a consultation paper expected early next year.


Bright Grey appoints chief underwriter

Bright Grey, the Royal London Group&#39s protection business, has appointed Stuart Johnson as chief underwriter.Johnson was previously general manager and chief underwriter at Unum Provident and has 21 years experience in the industry.Johnson says: ” Bright grey is a golden opportunity to be the first to provide the kind of customer service levels in the […]

Product matters

Scottish Equitable has closed its with-profits funds to new business and replaced it with two smoothed managed funds. It has somehow been given permission to call these funds the with-profits growth fund and the with-profits cautious fund, a move likely confuse potential investors.That said, while many funds have claimed to be an alternative to with-profits, […]

Fidelity Funds – European Larger Companies Fund

Tuesday, 8 October 2002 Type: Sicav Aim: Growth by investing in larger European companies and high-growth medium-sized companies Minimum investment: Lump sum £1,500, monthly £50 Place of registration: Luxemburg Investment split: 100% in larger European companies and high-growth medium-sized companies Isa link: No Charges: Initial 5.25%, annual 1.5% Commission: Initial 3% Tel: 0800 414181

CII launches new service

The Chartered Insurance Institute has launched a new members only area in the CII Library Online.The area contains a range of free information for SOFA and CII members including thirty technical factfiles written exclusively for the CIILO on topics from motor claims to pension options.It also holds over 700 technical papers which have been scanned […]

Leading Edge – April 2017

There is little doubt 2017 will be a year of political uncertainty. Leading Edge is Royal London Asset Management’s regular review of investment markets. This edition explores some of the impacts that this uncertainty is having on investors, from the pitfalls of prediction within UK equity investing to the dangers of opting for convenience over […]


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