Roadshow tries to woo policyholders

Article Abstract:

Equitable Life Chmn Vannie Treves and Chief Executive Charles Thomson have been meeting policyholders across the UK in an effort to convince them to accept a compromise deal. Under this arrangement, policyholders with a guaranteed annuity rate will receive an average 17.5% increase in return for abandoning their guarantee.

Life Insurance, Direct Life Insurance Carriers, Insurance industry, Life insurance industry, Investor relations, American General Life and Accident Insurance Co.

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A year best forgotten for ISA sales

Article Abstract:

Sales of individual savings accounts in the UK have been negatively affected by the poor performance of stock markets internationally. The large fund management houses are likely to survive this problem, but small brokerages may have to make redundancies and reduce bonuses.

Evaluation

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Lean times could put pension plans into retirement

Article Abstract:

The drop in the return on investing in pensions in the UK is encouraging the emergence of alternative investment vehicles. Some investors are choosing individual savings accounts, while others are looking at the buy-to-let property sector.

Management

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