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Virgin goes on the road with Misys

Virgin One is teaming up with Misys IFA Services to hold roadshows showing the benefits of holistic banking to the network&#39s members.

The current account and mortgage lender is also promoting the value of independent advice by mailing tens of thousands of customers to help them find an IFA in their area.

Virgin, which has a network of alliances with IFAs, will pass all leads on to its selected intermediary partners.

The roadshows will start in Edinburgh before moving on to Newbury, Brighton and Bristol. Virgin wants to demonstrate the benefits of saving through an all-in-one account and how its One account can help with endowment shortfalls.

Virgin One head of business partnerships Anthony Richardson says: “We know one of the main reasons people do not take out an account is they want to talk to someone face to face. We are passing leads on to intermediary partners so they can offer the contact we are not able to.”


Compass pointing income protection plan at employees

Critical-illness specialist Compass Underwriting is offering an income protection plan covering full-time employees against unemployment, injury and sickness. The plan, which is also open to the self-employed, company directors and shareholders, is available on a fixed five-year term or monthly renewable basis. It carries an initial unemployment exclusion period of 60 days, followed by a […]

Gartmore in packed VCT market

Gartmore is to relaunch into the venture capital trust market this autumn despite warnings from industry pundits that the market is saturated. Details of the new Gartmore fund are yet to be finalised although it is expected to be managed by UK & Irish smaller companies fund manager Gervais Williams. The fund manager originally entered […]

SG Life & Pensions – Sogelife Global Strategy Bond

Tuesday, 11 September 2001.Type: Traditional offshore bond.Aim: Growth by investing in unit trusts, Oeics, managed bond fundsand investment trusts.Minimum investment: £10,000.Place of registration: Luxemburg.Investment split: Choice of unit trusts, Oeics, bonds and investmenttrusts.Isa link: No.Charges: Initial 5 per cent, annual 0.75 per cent.Commission: Initial up to 4 per cent or initial 3.25 per cent, renewal0.25 […]

&#39Outsource to survive&#39

Life offices will have to wake up to the need to outsource parts of their business to survive the chan- ging market, warns former Abbey Life managing director Chris Evans. Speaking at the Unisys conference last week, Evans based his comments on the experience of Abbey Life which outsourced all its admin to Unisys following […]


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