View more on these topics

Unum announces the success of its Indepedent Living insurance

Protection specialists Unum has pronounced its &#39Independent Living&#39 insurance a success story with over 6,000 policies sold.

The contract launched in 1997 is designed to provide pensioners with cash lump sums in the event of breaking a bone or accidental death.

The policies are sold through pension schemes at a set price of £4.95 regardless of age or sex. There is also no requirement for medical evidence.

Typical payouts range from £200 for a broken nose up to £4,000 for a broken pelvis. There is no limit to the amount of times a claim can be made, but the maximum claim is subject to a maximum of £30,000.


Cater Allen cuts interest rates

Cater Allen Bank has cut the rate on its cash management account by 0.125 per cent.The move follows the recent decision by the Bank of England to reduce base rates by 0.25 per cent.The account has four interest rate tiers with the minimum balance of £5,000 earning 3.68 per cent gross, while investments in the […]

Premier discounts smaller companies fund

Premier Portfolio Managers is offering its Isa investors a 1 per cent discount on its UK Smaller Companies Fund until July 1.The fund which is celebrating its first anniversary has returned over 17 per cent since its launch.The fund&#39s objective is to achieve long term capital growth through investment in smaller companies, as defined by […]

SG Asset Management passes £2bn fund under management mark

SG Asset Management has surpassed the £2bn funds under management barrier.The fund management company launched in January 1998, originally set itself a target of achieving £5bn funds under management after five years.With £2bn achieved already, SGAM looks well on target to achieve these expectations.The funds consist of segregated and pooled pension portfolio and unit trusts.

Chelsea Building Society launches five year discount

Chelsea Building Society has launched a five-year discount rate mortgage.The discount is 1.1 per cent bringing the current payable rate down to 5.74 per cent for up to 90 per cent loan to value.The loan also includes £200 towards legal fees.There is a early redmeption fee of 3 per cent of the outstanding balance payable […]

Happy while you work

Well we’ve had scorching weather (yes even up here in Scotland!) and now the Euros 2016 are on – you can’t blame people for wishing life was just one big holiday.  With all these distractions it sometimes feels like work just gets in the way of having a good time! But sunny day skivers are […]


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