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ABI scotches rumour of adequacy being axed

The ABI has squashed recent speculation that the capital-adequacy requirements for UK financial companies might be scrapped under a new European directive. European manager Jennie Frost says the £10,000 minimum reserve will stay for the foreseeable future.

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You cannot turn your back for an instant. there I was, taking a few days well earned rest away from the cold and damp of a British spring, when markets suddenly developed an attack of the jitters. Interest rate worries were the reason. Not here – in the US. And, of course, everyone worked on […]

Act to remedy this sorry state of pension affairs

At least three out of five people face the prospect of relying on just the state pension in their retirement because they do not have a personal or company pension. Researchduring the course of last year on behalf of the LIA also indicates that over 40 per cent of the public have no investments or […]

New managing director for MMB

IFA MMB has appointed Sean Gilchrist as its new managing director. The appointment completes a major reorganisation.

Aegon toast to the future

Aegon chairman of the executive board Kees Storm is noted for being a frank speaker. But even Storm is cagey over acquisitions. As Europe&#39s insurers scramble to seal deals and analysts predict just five major players will emerge over the next few year, Aegon has been tipped as a predator. In the space of two […]

UK Equities: looking past short volatility

By Mark Martin, head of UK Equities, Neptune With markets facing numerous challenges this year, Neptune’s Mark Martin, manager of the UK Mid Cap Fund, and assistant manager Holly Cassell explain how they look past short-term volatility to focus on maintaining a strong long-term performance record. Read more here Important Information – for investment professionals only. […]

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