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Winterthur appoints Thompson as sales director

Winterthur Life UK has promoted its head of individual sales David
Thompson to sales director, responsible for UK distribution.
Thompson has been with Winterthur since 1999 when he was
appointed as regional sales manager. In 2001 he was appointed
national sales manager for individual products.
He will now take responsibility for co-ordinating the company&#39s
distribution strategy through advisers in the individual and corporate
Winterthur Life UK chief executive Mike Kellard says: “David has
made a tremendous impact on the company&#39s sales strategy over the
last four years.”


Homeowners prefer buying a TV to switching mortgages

Homeowners are sticking with outdated and expensive mortgages while updating to newer and better consumer products such as widescreen TVs, according to research by Yorkshire Bank.It says only 16 per cent of homeowners have switched out of their 70s-style loans despite the summer being a record period for remortgaging, peaking at £10.7bn-worth of remortgaging in […]

Scottish Equitable International offers redemption

SCOTTISH EQUITABLE INTERNATIONAL (DUBLIN) Private Client Portfolio Capital Redemption Bond Type: Unit-linked bond Aim: Growth by investing in Scottish Equitable International funds and external Oeics or unit trusts from any mainstream fund manager Minimum investment: £75,000 Fund links: Choice of 26 Scottish Equitable International funds and external Oeics or unit trusts from any mainstream fund […]

New advisers to sit exam to sell long-term care

New advisers will have to sit an extra exam if they want to sell long-term care insurance under new regulations being proposed by the FSA.CP200, Regulation of Long-Term Care Insurance, is aimed at increasing consumer protection for LTC and will come into effect on October 31. The FSA says an exam would reduce the risk […]

Sofa&#39s view

What a strange world we inhabit in the weird environment of financial services.For years, we have been trying to raise standards. The professional adviser has been trying to distance himself from being a “product seller” and become a professional.What then happens? We have Government intervention in the guise of Her Majesty&#39s Treasury (HMT), the Financial […]


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