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7IM and Sarasin link for ethical mandate

Seven Investment Management has set up an ethical mandate with institutional manager Sarasin Chiswell. Sarasin’s Henry Boucher will run 85-90 per cent of the 7IM ethical fund and the rest will be managed by 7IM chief investment officer Ros Price.

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The Association of British Insurers has sent a letter to Treasury Economic Secretary Ed Balls in a final desparate bid before the Budget to keep pension term assurance alive.ABI director general Stephen Haddrill wrote to Balls this week setting out his proposals for the future of the product which include linking the product to a […]

L&G cannot blame IFAs for showing a return

A spokesman for Legal & General is reported in last week’s Money Marketing to be “disappointed” that advisers were taking advantage of their product terms which allowed an investment to be enhanced in value by nearly 2 per cent after redemption charges literally overnight. The spokesman goes on to condemn “unscrupulous IFAs, who are not […]

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