Tag: Mail Services

Homeowners waste millions buying mortgage lender’s life cover

Posted by | Mar 31, 2008 | |

Financially stretched homeowners could be overpaying by GBP 310 million every year by taking out life insurance with their mortgage provider, which many mistakenly believe is compulsory.

A study by the Post Office reveals that over a third (34 per cent) of people completing a mortgage application bought life insurance through their mortgage provider, which could be costing them an additional GBP 2000 each.

Confusion appears to be the main reason for people choosing to take out life insurance this way; 35 per cent said they felt pressured into buying it, or believed it was compulsory to purchase life insurance with the same provider.

Over half (54 per cent) of respondents said it was simply more convenient to arrange their life insurance and mortgage together, despite the fact they could be wasting hundreds of pounds by failing to shop around.

Worryingly, it seems many people are actually aware they are not getting the best deal, as only 16 per cent said that their mortgage provider offered the best value on life insurance.

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Postcomm forward work plan 2008-11

Posted by | Mar 31, 2008 | |

The forward work plan sets out our overall strategy for 2008-11, along with detail on the specific projects we intend to undertake. It describes Postcomm’s mandate and goals, and its priorities for the year. There are a number of top priority workstreams, which must be completed, as well as potential projects/workstreams that are contingent on factors beyond our control, for example, access determinations, or appeals against any Postcomm decisions. If we are required to divert resources to such projects, then others – which are desirable but not an absolute priority – may be re-evaluated.

Postcomm’s Forward Work Plan for 2008-11 sets out our overall strategy for 2008-11, along with the detail on the specific projects we intend to undertake.

Our projects and workstreams fall into four corporate goals:
– ensuring a universal service
– protecting customer interests (for more detail, see our web pages on Royal Mail standards and prices and postal licences and operators)
– replacing regulation through the promotion of sustainable competition
– advising on the Post Office network.

The achievement of these four goals is supported by building effective stakeholder relations and by using and developing resources effectively.

We will also continue to inform our decisions through international benchmarking, wherever possible.

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Q-Post releases ‘perfume’ stamps

Posted by | Mar 31, 2008 | |

Q-Post yesterday launched its latest version of stamps, which it labelled as “traditional perfume”.

The stamps, released in a set of four, each of which priced at QR 1.50, ooze fragrance of four traditional perfumes produced in Qatar.

The four perfumes include Al Marash, Oud oil, Agar wood and Al Moghass.

Describing it as a unique set of stamps, chairman of Q-Post Ali Mohamed al-Ali said the idea of perfume stamps was conceived long back by Qatar Foundation vice-chairman Dr Saif al-Hajri. “Our initial plan was to bring out stamps, perfumed in a liquid made of Sidra. However, that did not materialize.”

Each of the four perfumes is dear to Qatari people, said al-Ali.

The stamps would be available from the country’s post offices from today onwards.
Khalid Fikri, head of philatelic bureau of Q-Post, designed the stamps.

Over 80,000 units of the stamps have been released for sale. Along with, 2,000 First Day
Cover of the stamps were also released, each priced at QR7.

The chairman also announced that Q-Post would also release nine stamps on the Qatar Islamic Museum, the work of which is progressing fast.

Al-Ali said that the postal corporation would launch next year a “petroleum” stamp, which would have fragrance of petrol.

One of the nine stamps would be on the complex housing the museum and the other on antiques to be showcased there, said al-Ali.

The museum is expected to be ready by November.

Besides al-Ali, Fikri and public relations manager Abdulla al-Hajri also attended the meeting.

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Turkish Post Representatives to Visit Baku

Posted by | Mar 31, 2008 | |

The Turkish Postal Administration delegation will visit Azerbaijan, the Azerbaijani Communication and IT Ministry reported.

They are expected in Baku on 1 April and will hold meeting in the Communication Ministry and Azerpocht state building.

The aim of the visit is to familiarize themselves with the reforms in the postal sphere of Azerbaijan and to strengthen relations with Azerpocht.

Azerbaijan will familiarize the Turkish representatives with the postal principles of Azerpocht, as well as the work implemented by World Bank through the project ‘Development of Financial Services’.

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Survey results reveal businesses waiting on USPS before implementing Intelligent Mail Barcode System

Posted by | Mar 31, 2008 | |

A survey of more than 294 executives and IT managers in the high-volume mailing industry shows that 42 percent of respondents are waiting on the announcements regarding further mailing discounts from the United States Postal Service (USPS) before making major purchasing decisions on how to implement the new Intelligent Mail Barcode (IMB) system. The survey was conducted jointly by Pitney Bowes Group 1 Software and Mailing Systems Technology on March 18, 2008 as part of a webinar on the business impact of IMB.

Starting in May 2009, mailers will be required to use the Intelligent Mail Barcode to earn the greatest automation discounts on postage, according to the latest USPS proposal. This barcode will replace the current POSTNET and PLANET barcodes. IMB will have a tremendous impact on business operations depending on whether companies strive to meet the minimum Intelligent Mail requirements, or reach for maximum efficiency improvements by making the most of this mandate to add value to the mailstream.

The results of the survey show that companies are already thinking about migrating to the new Intelligent Mail Barcode, but they require more information and discount incentives to help guide the investments in the technology that will enable them to meet the new postal mandate in 2009.

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