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Unum takes over Zurich Life Group IP book

Unum has announced it is taking over Zurich Life&#39s group income protection business following Zurich&#39s decision to concentrate on individual protection.

The 1,000 strong claims book will be managed by Unum subsidiary Claims Services International.

The transfer took effect on April 1 and Unum says it will allow it to further its strong presence in the group income protection market.


Money Marketing Online to give full stakeholder product list

The full list of stakeholder products is available on-line from Money Marketing from Friday April 6, the date of the pension scheme&#39s launch. The list is divided into 35 individual and 36 group products. Information was gathered for the Money Marketing Pensions Survey from looking at registered schemes and from 158 questionnaires covering the pensions […]

Advice dilemma as ministers differ

The pension industry is pressing the Treasury and DSS to clarify if advice is needed for stakeholder, with senior ministers adopting apparently contradictory positions. IFAs and providers say the Government must clarify the situation this week as stakeholder launches or risk leaving consumers in the dark. Social Security Secretary Alistair Darling is on the record […]

mPower Europe hires ex-Goldman Sachs UK boss

mPower Europe, the parent company of online IFA, has hired former head of fund manager Goldman Sachs Asset Management&#39s UK business Charlie Metcalfe as its new managing director. Prior to being with Goldman Sachs, Metcalfe was with Merrill Lynch&#39s fund management arm managing director and also with JP Morgan. mPower founder and chief executive […]

Multi-manager online service from Keydata

Fund research firm Keydata is setting up a multi-manager investment fund service for IFAs to rival existing services such as Skandia&#39s multi-fund range.The service, which is in the early stages of planning, could be running by the summer and will offer both online and offline trading facilities for IFAs.It will offer a range of multi-manager […]

Greg Broomer 2

Survey looks at the challenges facing businesses post auto-enrolment

A survey conducted by Johnson Fleming at the Pension & Benefits Show 2014 highlighted the key challenges faced within organisations post auto-enrolment. The results showed that communicating the changes and the value of them to staff, and receiving timely data from the payroll provider proved to still be the most challenging aspects of managing an auto-enrolment scheme.


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