Clerical Medical expects to re-open its group stakeholder pension product to new business before the...
Clerical Medical expects to re-open its group stakeholder pension product to new business before the end of this year. The life office does not intend to alter the specification of its product for the relaunch. It closed its business to new companies in September 2001 after it received four times the level of applications it was expecting, creating a backlog of applications. 'We have pretty much finished inputting all the details from the backlogged applications,' a spokesman for Clerical Medical said. The company originally said it would reopen to stakeholder in the first quarter of ...
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