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Unum increases disability insurance sales

Disability insurer Unum has announced a 47 per cent increase in sales from £29.4 in 1999 to £43.2m in 2000.

The income protection specialist also saw its IFA sales increase 42 per cent last year and growth of 150 per cent in Europe.

Its results were reflected across its product range with its group and individual income protection and group life products all performing strongly.

Unum director of marketing Eugene McCormack says: “With only one in ten adults in the UK owning income protection there is clearly much more opportunity for further penetration of this market. Unum&#39s successful results demonstrate the leadership position the company has taken in the development of income protection in the UK.”


Zifa Pep switch plan is linked up to 59 funds

Zurich IFA is offering a Sterling Pep transfer plan to add to its investment bond and Isa products. The multi-manager plan provides access to 59 funds from 16 UK fund managers, including Gartmore, Threadneedle and Schroders. New funds from Artemis, Fidelity and Framlington have also been added to the sterling range this month. Initial charge […]

When a loss becomes a gain

The spotlight is again on protection. Why? The need for protection products has not changed. Life cover and critical illness continue to be key elements in any client recommendation. Nevertheless, many of the traditional players, who left to chase the spoils in the fund management and investment business, are now returning to try to recapture […]

Opening doors to online loans

Open Door Finance has started an online mortgage sourcing and application system this week to help IFAs speed up the mortgage and conveyancing process. The site at allows IFAs to source mortgages, get a quotation and process and track applications from a panel of lenders, including Bristol & West and Market Harborough Building Society. […]

Nat Mutual offers pension calculator

National Mutual is aiming to save IFAs hours of admin time with a carryback/carry-forward calculator available through its sales offices and website. It is promoting the calculator with a Use it or Lose it campaign in the run-up to the end of the system of carryback/ carry-forward in April. The calculator will work out the […]

Mark Page: “A good time to be a European fund manager”

With European markets picking up in early 2015, Mark Page, Artemis European Opportunities Fund manager, discusses the ‘macro’ drivers and whether the improvements are sustainable. Largely driven by economic stimulus by the European Central Bank, European stockmarkets have performed strongly so far in 2015. Mark discusses the relative merits and sustainability of ECB policy with […]


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