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ACA elects Adrian Waddingham as chairman

The Association of Consulting Actuaries has elected Adrian Waddingham as its new chairman. Waddingham, a founding partner of actuaries and consultants Barnett Waddingham, will take office from June 1st. He replaces Mercer HR Consulting worldwide partner Gordon Pollock, who had been in the position for two years.

Waddingham is also vice chairman of the International Association of Consulting Actuaries and a former chairman of the Association of Pensioneer Trustees, and a member of the FSA Small Business Practitioners Panel from 1999-2002.


NU&#39s with-profits fund will take on all comers

Norwich Union has thrown down the gauntlet to the fund management community, saying its with-profits product will take on all comers in the fight for long-term business. NU Life chief executive Gary Withers told IFAs at last week&#39s Money Marketing Live conference that he sees fund managers&#39 attempts to offer products that aim to mimic […]

Verity&#39s view

Norwich Union&#39s decision to charge for guarantees on its policies has met with little controversy, just as with Standard Life. With Standard Life, at least, the tendency has been to say something like: “Well, it is in a mess after its disagreement with the FSA. Something had to be done. There was always a cost […]

Product matters

There are products that make headlines and there are good-value products. Only rarely are these the same. Unfortunately, West Bromwich Building Society&#39s Brum Brum mortgage fits squarely into this presumption. This is one of those products that is full of gimmicks and short on value. The Brum Brum in question is an MG Rover 25. […]

IFAs at loggerheads on fees

Two leading IFAs clashed over whether consumers are willing to pay fees for financial advice at last week&#39s Money Marketing Live. True Financial Planning managing director John Baxter, whose umbrella organisation advocates fee-based advice, and Berkeley Independent Advisers chief executive Richard Howells disagreed with each other over how easy it is for commission-remunerated advisers to […]


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