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Winterthur promotes trustee plan

Winterthur Life is running an initiative to raise awareness of the benefits of trustee investment plans as part of an holistic retirement planning process.

The company’s Tip is a low-cost investment available to trustees of occupational pension schemes and self-invested personal pensions on behalf of members.

It allows them to access world stockmarkets via Winterthur Life’s tailored selection range of investment funds.

This opens up varying degrees of capital security depending on risk profile, while offering competitively priced high-quality investment management.

The product’s key benefits include accepting single and regular contributions, being ideally set up for investing cash on deposit through the free switching facility, time and cost-saving benefits over collectives, regular payments and 100 per cent allocation to units.

Sales director David Thompson says: “The biggest plus is the cost and time saving compared with switching between individual unit trusts and being open-ended means the money can be accessed at any time without penalty.

“In a market where the regulator, financial media, advisers and the end client seek simplicity, transparency and value for money from financial products, the Tip must offer a blueprint for the future.”


Zurich’s Coulson gets senior sales role

Zurich Mortgage Network director Richard Coulson has accepted a key role within the Zurich Advice Network. Specific appointments have not yet been finalised but Coulson will be offered a significant senior role in the sales management team. His replacement is yet to be confirmed. ZAN will be rebranded as Openwork in the summer.

Best sellers

In a new regular section of International Money Marketing Brief, Contract Marketing Services managing director Richard Lloyd-Jones looks at what offshore products and providers UK-based IFAs are using most.

How well qualified are adjudicators?

The FSA has extolled the values of holistic financial planning. It has dictated the need for high levels of qualification. It insists that key features documents are distributed with each recommendation and, of course, it has approved those key features documents as authentic consumer-orientated information sheets which enable customers to assess the products which they wish to buy.


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