UK: NEW TEST ROOTS OUT THE SMOKERS
Article Abstract:
A new test which can detect whether or not a person smokes could prove valuable to life and private medical insurance companies. To date, these companies have trusted clients to tell the truth when filling in applications for cover but this new test, which can even tell if a person is a heavy or casual smoker, could change all that. Invented by Dr. Graham Cope and developed by Mermaid Diagnostics, the test is expected to cost less than GBu 5 and is more accurate than the current alternative known as the cotinine test which has been available for ten years.
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2001
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UK: ILA SCHEME SUPPORTED BY STANDARD LIFE
Article Abstract:
Standard Life is supporting the government's plan to encourage workers to continue their education. Individual learning accounts (ILAs), which were introduced by the Department of Education & Employment in September 2000, are to be offered to the insurer's 10,000 UK employees. ILA holders are entitled to GBu 150 from the government and discounts off course prices. Standard Life have agreed to put forward another GBu 150. As of March 2001, over 450,000 ILAs have been started up. The aim is to reach 500,000 by April 2001 with 1mn by 2002.
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2001
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UK: LIA TO WAIVE MEMBERSHIP FEES TO SALESFORCES
Article Abstract:
The UK LIA will give the around 1,500 members of the redundant salesforces of Britannic Assurance, Sun Life Financial of Canada and Prudential, all life assurance companies, free membership for six months. According to the LIA's public affairs director, John Ellis, it should be possible for a lot of the advisers to network within the LIA, operating as independent financial advisers or by taking another tied position.
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2001
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