-
2 months ago | 
moneymarketing.co.uk | Momodou Musa Touray |Alan Lakey |Darius McQuaid |Kimberley Dondo
GrowthInvest has partnered with Sprint Enterprise Technology’s FINIO data hub to integrate its technology with Intelliflo Office. The partnership will improve adviser and wealth manager access to data on private markets and tax efficient investments. GrowthInvest is a niche platform specialising in tax efficient and alternative investments and has a fast-growing client base of financial advisers and wealth managers accessing a wide range of products, reports and functionality.
-
2 months ago | 
moneymarketing.co.uk | Momodou Musa Touray |Alan Lakey
Canada Life has appointed Chris Morgan as head of product and proposition strategy within its protection business. Morgan will be responsible for developing Canada Life’s products and customer proposition. He will also join the insurer’s protection senior leadership team, where he will play a lead role in the creation of its future strategies. Morgan has 15 years’ experience in the group protection and employee benefits market. He was most recently head of group protection distribution at AIG Life.
-
2 months ago | 
moneymarketing.co.uk | Momodou Musa Touray |Alan Lakey
The Protection Distributors Groups (PDG) has announced several board changes following its annual general meeting earlier this month. Emma Thomson, former chair of the PDG, becomes vice chair in a newly introduced role to provide wider support to the group. Thomson will be focussed on member and sponsor engagement, promotion of PDG activities and expanding resources to help advisers.
-
2 months ago | 
moneymarketing.co.uk | Tom Browne |Alan Lakey |Momodou Musa Touray
Progeny Group has announced key leadership appointments as part of its ongoing evolution. Founder Neil Moles has confirmed the appointment of Tom Wood as group chief executive officer, while Bobby Ndawula takes on the role of group chief financial officer. Since leading the management buyout in 2008, Moles has played a pivotal role in establishing Progeny as an industry leader.
-
2 months ago | 
moneymarketing.co.uk | Dan Cooper |Momodou Musa Touray |Alan Lakey |Darius McQuaid
Professional Indemnity Insurance (PII) provider BareRock has announced a strategic partnership with Comentis, the duty of care assessment company. The digital-first PII provider will add the Comentis vulnerability assessment platform to its suite of approved risk-mitigation solutions for its Club Membership of well-managed advice firms.
-
Jan 24, 2025 | 
moneymarketing.co.uk | Greg Neall |Claire Trott |Alan Lakey |Darius McQuaid
I worked in robo-advice for 10 years. In 2016, we had a publicly available website where a retiree could get an automated recommendation on whether to buy an annuity or take a FAD. In 2019, I was giving defined benefit transfer advice based on a machine-learning algorithm. Five years on, both these systems are either dead or barely used, yet I seem to be surrounded by people telling me that technology is going to revolutionise the advice industry. Really? I see the advice gap widening, not closing.
-
Jan 24, 2025 | 
moneymarketing.co.uk | Alan Lakey |Momodou Musa Touray |Darius McQuaid
Some years back, a claims manager lodged a complaint with the Financial Ombudsman Service (FOS) on behalf of a bank customer. The client, 10 years earlier as a 25-year-old, had purchased an accelerated life and critical-illness plan on the advice of his bank and had now concluded that the life-insurance component wasn’t needed as he remained single with no dependents. Both adjudicator and the FOS upheld the complaint, agreeing that the life-insurance element wasn’t required.
-
Dec 10, 2024 | 
moneymarketing.co.uk | Tom Browne |Alan Lakey |Victoria Ross |Dan Cooper
Good morning and welcome to your Morning Briefing for Tuesday 10 December 2024. To get this in your inbox every morning click here. Insurers must better engage with advisers on protection products, survey findsA recent survey of 112 wealth advisers, conducted during the launch of the Consumer Duty Alliance (CDA) Protection Forum, has highlighted a critical need for insurers to better engage with advisers on protection products.
-
Nov 26, 2024 | 
moneymarketing.co.uk | Alan Lakey
While advisers are often aware companies such as Barclays, Direct Line, Nationwide, Sainsbury’s and Santander may offer single-tied protection plans designed by the likes of AIG, Aviva or Legal & General, what they might not be aware of is that the quality of those plans can differ from those available through advisers with the same insurers.
-
Nov 20, 2024 | 
mortgagesoup.co.uk | Alan Lakey
During November CIExpert launched its ‘single is best’ campaign. No, this was not guidance on the pitfalls of marriage but a considered view of the merits of single life protection policies rather than a joint life plan. There are those in the industry who automatically default to a joint life plan for a couple, a stance supported by many compliance departments and networks. Their simplistic reasoning is that a joint life plan is cheaper and therefore should be used to protect a joint mortgage.
