UK: LIFE INSURERS CONSIDER USING MULTI-TIED AGENTS
Article Abstract:
Over 50% of top life insurance companies in the UK are looking at using multi-tied agents following the decision of the Financial Services Authority to ease polarisation. Prudential appears the keenest to speak of the attraction of multi-ties, although it admits that the public could be confused by the situation. According to the managing director of Prudential Financial Services' distribution, working with multi-ties would offer great opportunities. Zurich Financial Services does not plan to become involved with multi-ties, as it believes that this could put consumers off.
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2000
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UK: BERKELEY BECOMES AGENT FOR KEYWORLD
Article Abstract:
Berkeley Independent Advisers, the IFA network, has become an agent for KeyWorld, the holiday investment bond providers. Berkeley clients who invest GBu2,000 in a KeyWorld bond receive a fixed annual allocation of points to spend on holidays through RCI, which operates 3,800 resorts throughout 100 countries. A spokesman for Berkeley says that over a period of time the savings achieved by investors on their holiday spend can be directed to other investments by an IFA.
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2001
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UK: TOWRY LAW REPORTS RECORD SALES
Article Abstract:
Towry Law, the independent financial adviser group, saw underlying sales and profits rise sharply. Turnover leapt 80% to GB[pound] 30.6mn fuelled by a number of acquisitions. Pre-tax profits fell from GB[pound] 2.1mn to GB[pound] 385,000.
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2000
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