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Aisa chief&#39s flying high again as internet hero

IFA James Caldwell is being featured alongside Virgin&#39s Richard Branson in

a book published last week entitled

The book, written by Louise Proddow, features interviews with 50

“netpreneurs”, including ex-RAF pilot and IFA Caldwell.

Published by Hodder & Stoughton, the book aims to share in the secrets of

the personalities behind existing big businesses as well as some of the

most promising newcomers.

Promotional material for the publication states: “If you thought the world

of financial services was bor-ing, think again. The highly successful

independent financial ser- vices business, Aisa Direct, proves that the

stakes are high and the potential rewards are enormous.”

Caldwell, 33, is chief executive officer of Aisa Direct, which provides a

range of life, pension and investment products on an execution-only basis

primarily over the internet.

He joined the industry from the forces in 1996 as a financial planner at

Clerical Medical and helped set up Aisa in June 1997.

Caldwell says: “We planned to launch the site at the beginning of 2000 but

following publicity we were forced to shorten our schedule. As a result of

an article in a national newspaper, in just three weeks we attracted in

excess of £500,000 worth of business.”


Communicating to existing clients

The fact that most employers will have to consider the impact that the stakeholder regulations will have on them, will mean you have a number of prospective stakeholder clients within your own client bank. Historically, existing clients have been a very profitable source of business for the IFA market. If you do not contact your […]

Independent View

The Government&#39s stakeholder proposals include a limit to charges, whichhas already forced down charges on existing pension products.Whether the consequent reduction in commission defeats the Government&#39sintentions regarding distribution of stakeholder remains to be seen.After attending many industry seminars, it is clear that large numbers ofIFAs do not intend providing, on a much reduced level of […]

Market Harboro&#39 boosts loan fees

Market Harborough Building Society is increasing its procuration fees andrevamping its mortgage range.The lender says it is boosting fees ahead of further cooling in thehousing market.The basic procuration fee will be raised from £150 to £260 withan additional 0.4 per cent of the balance of the mortgage paid to advisers.The society has enhanced its two-year […]

Dangers grow for IFAs as the FSA gets its Act together

In the week Howard Davies was awarded his knighthood, the FSA finallybecame “legal”.The FSA now has an Act complete with coat of arms on the front cover andIFAs have a great deal to worry about.The Financial Services and Markets Act, despite the Treasury drasticallyunderestimating the work involved in writing it, is not all that bad. […]

Apple: a stellar technology story

By Ali Unwin, head of technology sector research

Apple recently announced the highest-ever recorded quarterly net profit ($18bn), with the sale of 74.4 million iPhones helping the company deliver $74.6bn of revenue for the quarter ending December 2014. These sales were largely driven by strong demand for the new iPhone 6 and iPhone 6 Plus. Highlights included Chinese iPhone sales doubling year-on-year and unit growth of 44% in the US — supposedly a well-penetrated market. Apple ended the quarter with $178bn in cash on its balance sheet, having generated a staggering $30bn in free cash flow during the quarter.

At Neptune, we have been long-term believers in the Apple story, and continue to hold the stock in a number of our portfolios based on the company’s long-term growth prospects. This is predicated on our belief that Apple has proved thus far that it can — unusually for a consumer electronics company — maintain high margins for a sustained period of time, even as adoption of new technology slows down and competitors produce similar-specification products.


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