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Zurich signs up 281 firms to test mortgage offering

A total of 680 advisers have been signed up to test Zurich&#39s mortgage network since its launch 12 weeks ago, according to director Richard Coulson.

Advisers at 281 businesses are sampling the mortgage network, which offers products from a panel of 17 lenders.

Zurich aims to have 1,600 RIs on board by the end of 2004 and Coulson hopes to bring the total up to 2,000 in 2005.

He says many advisers who sign up to networks will realise during the course of 2005 that their network is not right for them and will seek alternative networks such as Zurich.

He says: “I am very confident that there are more than enough advisers out there wanting to become appointed representatives. We want those who are best suited to our offering. I also think there will be a washout in 2005 as advisers realise the network they joined is not what they want and this will help us to reach our target of 2,000 RIs by the end of 2005.”


Pension reforms need to take heed of history lesson

People will still be retiring with insufficient pensions despite reforms to the pension system because the changes ignore people who do not have a full employment history, says the Pensions Policy Institute. The PPI report says increased redistribution through the state second pension and the rapid expansion of the pension credit will not fully compensate […]

Wesleyan bond doubles up

Wesleyan&#39s capital & income bond issue is a combination of a guaranteed equity bond with a high-interest account which gives investors a choice of a five or seven year term. Up to 50 per cent can go into the high-interest account, while the remainder goes into the guaranteed equity bnnd. The guaranteed equity bond element, […]

Mental illness is biggest cause of claims at Friends

Mental illness was the biggest cause of claims under Friends Provident&#39s income protection plan last year. Twenty-four per cent of claims were due to mental disorders, including chronic fatigue syndrome and stress. Musculoskeletal disorders accounted for 21 per cent of claims, followed by conditions such as bronchitis, asthma and glandular fever at 16 per cent, […]

Choose life…

Sarah Scott  – Marketing Consultant, Royal London  This month sees the return of Renton, Sickboy, Begbie and Spud in the sequel to the film Trainspotting. Just over 20 years later, we return to see exactly how life treated the characters whose lifestyle was less than ideal back in 1996. Did they choose a job, choose […]


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