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AITC chooses new chairman

The AITC has elected Hamish Buchan as chairman to succeed Alex Hammond-Chambers in December. Buchan was an investment trust analyst with Wood Mackenzie and its successor companies between 1969 and 1999.

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Fair-minded practices

Putting customers’ interests at the heart of their business structures should be a basic requirement for all firms, said the FSA in a press release earlier this month. A firm must pay due regard to the interests of its customers and treat them fairly.

Sesame unveils multi-tie

Sesame announces its multi-tie panel of five providers today as Axa, Prudential, Norwich Union, Standard Life and Legal & General.FSA authorisation is still being sought, with contracts being signed late last night. The network of 8,150 members unveils Sesame Select saying it will appeal to a new generation of consumers seeking simpler advice from IFAs. […]

As one door closes…

Aaron Clarke Group managing director Ian Hopwood says redundancy can make people feel vulnerable and scared so it is vital that firms prepare themselves properly in the event that they may have to let some of their employees goRedundancies are sadly becoming more commonplace and are a natural part of the churn of everyday business. […]

Chopper by name…

Pru UK chief executive Mark Wood revealed his ruthless streak that earned him his “chopper” nickname at an industry dinner last week. Wood took offence to diary using an Axa pen to record his musings and smashed it to smithereens before re-placing it with a Pru biro.

The fifteen-year itch

By Neil Jones Technical support manager with Canada Life’s ican Technical Services Team. Canada Life offers a range of wealth management solutions, including retirement income planning, estate planning and investment solutions from a choice of jurisdictions, including the UK, Isle of Man and Republic of Ireland. The treatment of non-UK domiciles that are resident in […]

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