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Altmann’s trunk call shows commitment

Some people are frighteningly committed to their jobs. Even while on the Masai Mara plains in Kenya, kids in tow and with a herd of elephants grazing nearby, pensions expert Ros Altmann managed to return Money Marketing’s call.

Speaking in hushed tones to avoid disturbing the neighbouring wildlife, Altmann still managed to rant at length about the Government’s failure to compensate 125,000 pensioners who lost most or all of their final-salary schemes. Now that is commitment.


Fund sales hit record high but Isa share dives

UK fund sales reached a record high last year but Isas accounted for just 16 per cent compared with 60 per cent in 2000.The Feri UK fund sales report, formerly the Pridham report, says gross domestic fund sales were the highest ever at 15.8bn while net retail sales were 15.3bn – the second highest on […]

Baigrie focuses on Lifesearch

Baigrie Davies has appointed a new managing director to replace Tom Baigrie, who will continue to oversee the adviser firm but will concentrate on the day-to-day running of sister firm Lifesearch.Head of financial planning at Baigrie Davies, Ian Howe, will take up the role, reporting to Baigrie.Baigrie Davies is set to launch a new wrap […]

‘Meetings will pay dividends’

Lawrence House Financial says multi-managers who rely on published research more than face-to-face meetings with managers risk missing good investment opportunities.The company runs its multi-manager funds by selecting funds that have fallen out of favour or are outside the mainstream. It says multi-managers should look beyond performance figures because there may be catalysts for change […]

PTA set for Budget revival

A document detailing the outcome of a meeting held with the Treasury and industry members suggests that pension term assurance could be completely revived in the Budget announcement.Money Marketing, which broke the story online last week, has seen extracts from the report of a meeting between Treasury officials and industry members which says: “It appears […]


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