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ABI appealing for more flood defences

ABI director general Stephen Hadrill has written to environmental secretary Hilary Benn calling on the Government to increase spending on flood defences and drop plans to build new houses on flood plains.

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PosSol warns many IT systems will struggle in post-RDR world

Positive Solutions is confident its systems will enable it to support the three adviser types proposed in the retail distribution review but warns that other firms will struggle.Marketing manager Phil Harrison says many systems will not be able to handle three types of adviser, with three types of payment structure, which could result in many […]

China makes the long jump

The Olympic effect is already boosting the Chinese market but Henry Chan, head of the Asian equity investment team at Baring Asset Management in Hong Kong, says the benefits of economic growth and infrastructure expansion will be felt a lot longer

Heartwood outlines pre-emptive measures taken against market correction

Heartwood Wealth Management has revealed the pre-emptive measures it took to protect clients from recent market volatility.The company says it moved out of most corporate bonds last year due to insufficient risk premium and claims it has been reducing its commercial property holdings since autumn 2006, when the cost of borrowing overtook rental yields. It […]

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