What’s this we hear? Scandal at the Lansons quiz, at which 28 teams of journalists, PRs and financial services companies competed for a top prize.Money Marketing may have been humbled slightly by some 23 of the teams present but now we know the reason. We hear that in the picture round, the answer given by the quiz mistress for picture two – Maria Carey – should have been Beyonce Knowles, lead singer of R&B group Destini’s Child. We are sure that, had the quiz been run to a higher standard, MM would have come in a much higher position than the humble 24th. We would at least have come, er, 25th. This has absolutely nothing to do with mistakenly thinking that a slightly distorted picture of Ewan McGregor was kd lang, nor that Winona Ryder was Trinny from What Not To Wear fame, nor with MM being bad losers. Fix! We want a rematch. Bet the Penrose quiz is better next month. They know how to run a quiz because we won it last year, so they must.
Punter Southall has launched a third pension simplification survival guide covering higher net-worth clients and planning around the recovery tax. It includes a guide to the differences between primary and enhanced protection and which is best suited to different clients’ needs.
Howard Flight has been sacked as conservative deputy chairman and special envoy to the city.Flight was sacked by Michael Howard after being recorded at a private meeting claiming Oliver Letwins spending policy would be the start of more radical cuts in the public sector.Flight is an outspoken critic of FSA regulation and helped formulate Conservative […]
Opposition parties have clashed over means-testing, with the Liberal Democrats claiming Conservative pension plans to reverse its spread will make the problem worse. LibDem Shadow Work and Pensions Secretary Steve Webb says a policy U-turn by the Conservatives will mean that a quarter of a million more people will be pushed into means-testing in contrast […]
“Don’t you think it is a bit strange that as well as bringing his hippo to lunch, Bill Kay admits to keeping it on his bedside table?” – Jupiter’s Alicia Wyllie.”Paul Farrow looks like Robert de Niro in Meet the Parents.” – Hargreaves Lansdown’s Meera Patel.”I am trying to be taken seriously as a PR […]
Protection providers often extol the benefits of placing plans in trust. The advantages for clients are widely recognised and numerous – inheritance tax mitigation, avoiding probate delay, controlling claim proceeds, and so the long, familiar list continues. Yet, dismissed as unnecessary form-filling, or simply viewed as irrelevant in the context of a mortgage sale, less […]
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The key message for advisers is: check, check and check again
This week marked two significant events for the advice community. It has been a year since the FCA’s asset management market study launched and, of course, the Autumn Budget was revealed on Wednesday. Both, in their own different ways, test how much value advisers can offer for their fees. The FCA is almost certainly right […]
Standard Life Investment has added global credit and REITs to its MyFolio fund range in its latest quarterly review of its strategic asset allocation. In an update shared with its intermediary investors, SLI said it had introduced global corporate bonds and short-dated global corporate bonds, both hedged back to sterling. The allocation to global corporate bonds […]