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Up, up and away in a hot-air balloon

To celebrate its promotion of Family Income Benefit, Swiss Life (UK) plc is offering IFAs the chance to win a fantastic hot-air ballooning weekend for two in Chateau d&#39Oex, Switzerland.

Chateau d&#39Oex is renowned as an international mecca for hot-air ballooning. Its exceptional micro-climate creates such ideal flight conditions that people flock to this part of Switzerland from all over the world. The winning IFA and partner will fly to Geneva and then travel by train through the scenic Alpine countryside to the four-star Hotel Ermitage in Chateau d&#39Oex.

In addition to the fantastic hot-air balloon trip, they can relax in the beauty of the Swiss Alps, play golf or visit one of the many local attractions. As an innovative provider of specialist protection prod-ucts, Swiss Life (UK) plc is continually seeking ways to help IFAs win more business. Every year, more than two million new mortgages are taken out* and 1.6 million do not have critical-illness cover.

The main reason for this is the additional cost. With the average UK income after tax at just over £1,500 a month*** and the average mortgage pay-ment at nearly a third of that, it does not leave much over for regular critical-illness or disability cover. Family Income Benefit, offered as an income product, can reduce the cost of protection by more than 40 per cent for critical illness, total and permanent disability and term insurance.

It is an ideal business opportunity for IFAs, offering more affordable protection to customers, particularly those with new mortgages who might not normally consider covering themselves.


Independent View – Tony Byrne

Without a shadow of a doubt, today&#39s seemingly relentless onslaught of reviews, misselling scandals, exam requirements, compliance and training and competence standards, red tape, media attacks and overall Government antipathy towards IFAs and financial advisers in general represents probably the most challenging environment ever seen for even the most resilient of IFAs.Let us list some […]

BBB to buy firms in multi-ties move

Berkeley Berry Birch is launching an acquisition vehicle focused on buying IFA firms wanting to multi-tie after depolarisation.Berry Birch & Noble Advisers has taken on a team to recruit regional IFA practices with annual turnovers of £1m-£5m with a view to becoming a national multi-channel brand. It comes as BBB is being launched with a […]

Public&#39s trust in advisers is rising, says poll

Trust in financial advisers is improving, with only 9 per cent saying they do not trust their advice compared with 15 per cent last year.According to Alliance & Leicester&#39s wealth tracker index, the number of people who find financial advice patronising has halved since last year to 5 per cent from 10 per cent.The survey […]

Partnership shape

IFAs trading as partnerships can gain valuable personal protection by converting to a limited liability partnership. Although the FSA has not yet produced specific rules for LLPs, it will generally treat an IFA LLP as a limited company.To assess whether it is advisable to change status from a partnership to LLP, consideration needs to be […]

Industry under fire over pension freedoms

By Jamie Clark, Business Development Manager, Royal London Recent articles in the media have raised concerns about the new pension freedoms. One perceived problem is that across the industry, trustees and providers are not necessarily allowing people to take full advantage of the pension freedoms in situ. This is backed up by a recent survey by […]


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