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Another delay for Resolution deal

Pearl’s acquisition of Resolution suffereda second delay last week. Pearl has agreed an extension with the FSA to finalise discussions understood to concern its use of Resolution’s capital.

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Miles backing futures’ view on property falls

Morgan Stanley chief economist David Miles believes moves in the futures market anticipating a 10 per cent fall in house prices in the next year are on the right track.Speaking at last week’s Association of British Insurers research conference in London, Miles said he also agreed with future market forecasts suggesting a 3 to 4 […]

Private progress

Renting has traditionally been considered the domain of young singles or students, a perception which the buy-to-let market has helped to shift. It has been a little over 10 years since the concept of buy to let was introduced and we have since seen the market grow at an incredible rate.

Midas chief hints at fund mergers

Midas chief executive Simon Edwards says the company is likely to merge one or two of its funds following its proposed deal with Iimia MitonOptimal.Edwards, who will become managing director of the merged business, does not disclose which funds would be realigned but says the move would not result in any fund manager redundancies.Iimia MitonOptimal […]

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