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Zurich IFA links with Technical Connection

Zurich IFA Group has made an alliance with Technical Connection, the technical support provider, giving IFAs access to the Know-How Partnership, an online service for advisers.

The Know-How Partnership provides members of the Zurich IFA Group with a wide range of products. IFAs will have access to online technical research, news and analysis as well as exclusive entry to online lectures and seminars. Members will be able to get case-related support from technical specialists in areas such as tax, pensions and financial planning.

The system hopes to give IFAs up-to-date information, develop business ideas and increase expertise to provide high-quality technical advice in light of changes to pensions and tax legislation.

Zurich communications director Tony Solomon says: “Never has there been a more crucial time for IFA businesses to be in top shape and up to date with technical changes in the industry.

“For IFAs to be profitable, they need to know more, know quicker focus on profitable relationships and make effective use of their time.”


Alliance & Leicester to close 46 branches

Alliance & Leicester is closing one in seven of its bank branches, resulting in the loss of 310 staff. The bank says some redundancies are inevitable although it will look to redeploy as many staff as possible. A&L says the move reflects the increasing use of telephone and internet banking by its customers.

Chattel Drive

On December 11, 2003, the Inland Revenue published a consultation document entitled, Tax Treatment of Pre-Owned Assets, in which it outlined how an annual income tax charge will be levied from April 6, 2005 on the benefit that people enjoy when they have arranged free continuing use of major capital assets that they once owned. […]

Pension admin costs will soar due to Euro directive

The cost of running company pension schemes looks likely to rise sharply after the implementation of the insurance mediation directive in January, says the Society of Pension Consultants. Financial services committee chairman Mike Young says the IMD will bring a number of activities provided by third-party pension administrators under FSA regulation. He fears the move […]

Cheltenham & Gloucester – 4 Year Capped Rate Mortgage

Type: Capped-rate mortgage Capped term: Until July 31, 2008 Capped rate: Up to 95% of valuation &#45 6.24% house purchase, 6.49% remortgages, up to 90% of valuation &#45 5.99% house purchase, 6.24% remortgages Minimum loan: £25,000 Maximum loan: Up to 95% of valuation subject to no maximum Income multiples: Up to three times principal income […]


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