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Profile: Old Mutual Wealth’s Carlton Hood on the right way to deliver vertical integration

If you meet Carlton Hood, Old Mutual Wealth’s customer director, don’t mention meerkats. Hood was chief executive of the price comparison website Confused.com when rival firm Compare The Market unleashed its popular ‘Compare The Meerkat’ advertising campaign in 2009. “That was the biggest challenge of my career,” he jokes. On a more serious note, Hood […]

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Man jailed for failing to pay back £460k insider dealing gains

A man has been sentenced to 538 days in jail for failing to pay a confiscation order for insider dealing. Pardip Saini was sentenced to three years and six months in prison in July 2012 and ordered to pay £464,564. He was due to pay the order by 12 March, but £222,047 remains outstanding. At […]

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John Lawson: A spanner in the works for DB transfers

The Government was keen to allow those with defined benefit pensions access to the same freedom and choice as those with defined contribution savings. That is why we have new rules that allow transfers to proceed once a member of a DB scheme has received advice. However, the planned reduction of the lifetime allowance from […]

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Stephanie Flanders: A market to buck global equity trends

Some countries look better than others in today’s global bull market. For example, Europe may suffer from market jitters at the possibility of a Greek debt default and US equities are facing the twin headwinds of a higher dollar and pressure on margins. By comparison, Japanese equities are unlikely to be buffeted in the same […]

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A nudge in the right direction

Ross Jackson, Senior Protection Marketing Manager, Royal London  In July, we piloted sending protection plan statements to a small group of our customers. Whilst this in itself is not exactly ground-breaking stuff, as an industry we’re perhaps more used to engaging with advisers than directly with our customers. Because of this lack of communication, do consumers […]

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