Barclays Bank has signed a multi-tie agreement with six of the UK's big brand life insurers, ahead of depolarisation.
Both Standard Life and Clerical Medical have this morning announced further cuts to bonus rates on their with profits policies, and SL warns members should expect rate cuts to continue.
THE INLAND REVENUE has been forced to admit
Prudential and Standard Life have respectively published new business figures in the past 24 hours which give a steer on how the life and pensions sector may be heading up, but less so for some than others.
Revenue guidance given to one financial adviser suggests it might be possible to draw on a Sipp to invest in off-plan residential property BEFORE 6 April 2006 - but then again maybe not.
Standard Life has unveiled a major programme to target 28-38 year-olds for protection business, which offers IFAs access to online business submission tools, increased Lautro rates, new underwriting and a repricing of consumer rates.
Depolarisation has led Standard Life to drop the ‘ifa' moniker from its ifazone.com service, which instead is being relaunched as adviserzone.com.
STANDARD LIFE'S plans to demutualise and float on the stock market have been cast into doubt as it is reported by the Scotsman a majority of the insurer's own policyholders oppose the move.
ADAIR TURNER yesterday told the Commons work and pensions select committee independent financial advisers are trying to avoid selling private pensions to those on low incomes as they fear they will be accused of mis-selling in 10 years' time, continues...
Provider Standard Life is introducing lower commissions to head off "unsustainable" payments in light of what it sees as industry moves "away from generic pricing, with terms increasingly being driven by the nature and quality of the business".