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WPA doubles online discount

WPA is doubling its discount for health and dental plans bought online from 10 per cent to 20 per cent. The discounts apply to premiums quoted for Providential, mini-cashplan and XS health as well as flexible health, flexible health freelance and professional health PMI plans.

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Snakes and ladders

The pension industry is warning the Treasury that trying to axe Asps could be a dicey move, says James SalmonAn inside source at the Treasury accuses tax advisers of “wilfully seeking to abuse” Asps, which were set up as a special concession for a select group of people with a religious objection to annuitisation and […]

Aifa set for Treasury clash

Aifa is on a collision course with the Treasury after urg- ing advisers to continue recommending alternatively secured pensions to clients despite warnings from the Treasury that it will scrap Asps if they do. The Treasury is now considering all options to ensure that Asps are used exclu- sively for religious groups with moral objections […]

Woolwich to extend retention scheme

Woolwich has moved to calm broker fears by announcing it is planning to upgrade its retention scheme to include regulated mortgages. It is also considering plans to pay full proc fees on retained business rather than the current rate of 0.2 per cent. The lender currently pays retention fees only on mortgages sold before M-Day […]

On a mission

Kevin Duffy, Mortgage View

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