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£1.5m loss for the Tep Exchange

Specialist mortgage lender igroup has appointed Andrew Moore as quality leader, Simon Deane-Johns as legal and compliance director and Paul Askew as risk director.

Moore was previously integration director responsible for bringing igroup smoothly into GE Capital after its acquisition.

Dean-Johns joins from Earthport plc were he was an executive director. Askew was senior portfolio manager with GE Capital Global Consumer Finance, Australia.


Catmark by IFAs could help consumer understanding

Royal London and its marketing division Scottish Life is taking a stance against the FSA&#39s view that only IFAs operating under a defined-payment system can be classed as independent.The group&#39s response to CP121, Reforming Polarisation, says it is market choice, best value and product suitability that characterise independence, not the method of payment.Rather than benefiting […]

New Star – Select Opportunities Fund

Wednesday, May 1 2002 Type: Oeic Aim: Growth by investing in undervalued companies Minimum investment: Lump sum £5,000 Investment split: Small cap 60%, Aim stocks 30%, mid cap 7%, large cap 3% Isa link: Yes Pep transfers: Yes Charges: Initial 5.25%, annual 1.5% Commission: Initial 3%, renewal 0.5% Tel: 0845 6088704

Conspiracy theory

In the English language there are many words used to describe a group of creatures. A pride of lions, for example. In recent years, I have been looking for an expression that would aptly describe a room of compliance officers. I have come up with a conspiracy of compliance officers.I believe this is appropriate because […]

IFAs facing threat of split-cap legal action

Lawyers planning to sue fund companies over split-capital investment trusts are now turning their guns on IFAs, alleging misselling totalling £30m.Solicitors Class Law is targeting up to 30 IFAs on behalf of around 1,000 clients. The IFAs include Hargreaves Lansdown and Whitechurch Securities as well as Barclays Private Clients, NatWest, Brewin Dolphin and PricewaterhouseCoopers.The law […]


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