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Aviva eyes Tenet stake sale

Aviva is considering selling its stake in advice network Tenet, Money Marketing understands. Following Aviva’s merger with Friends Life, the life office will become the largest shareholder in Tenet, owning 47 per cent of the firm. Standard Life owns 25 per cent of the network, while Aegon owns 22 per cent and the remainder is […]

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D2C platforms attacked over exit fees

Three leading direct-to-consumer platforms that charge exit fees have been accused of making customers pay for their own failure to bring down the costs of transferring assets. Last week, Axa announced customers on its Self Investor platform would be given up to £750 towards the cost of paying exit fees levied by ceding providers. Axa […]

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LifeSearch renews contract with MoneySupermarket

LifeSearch has renewed its contract with MoneySupermarket.com to provide protection advice to customers of the comparison site. The specialist protection intermediary has had an agreement with MoneySupermarket.com since January 2013. It declined to say how long the new contract is for. LifeSearch chief executive Tom Baigrie says: “We are delighted that our partnership with MoneySupermarket is […]

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Preparing for the changes to the pensions market

As more and more providers start to reveal their stance on the charge cap and removal of commission and active member discount pricing, we thought it would be worthwhile to look at what these are, and the steps businesses should be taking to prepare for this.

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