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Atlantic crossing

Adventure is obviously in stockbroker Leven Brown’s blood as he is a descendant of Christopher Columbus.

Brown, a former stockbroker at Brewin Dolphin, recently rowed the Atlantic in a 14-man team and shattered the long-standing world record for the 3,000-mile ocean crossing by two days.

Brown and his team spent 33 days at sea before landing in Port St Charles, Barbados.

Sponsorship raised by the crew will go to charities, including Cancer Research, Save the Albatross and the Cutty Sark.


MPs back pay rise of 1.9%

MPs have accepted a below-inflation pay rise of 1.9 per cent after pressure from Government and Opposition leaders.As the decision to accept a lower raise was backed by both the Tories and Liberal Democrats, it was approved by the House of Commons without a vote.A report from the SEnior salaries review body recommended an increase […]

Seminars show the fair way for with-profits

Aegon and O&M Systems are running a series of free roadshows for advisers on treating with-profits customers fairly.Following an investigation into with-profits, the FSA released a briefing in May 2007 which identified key questions for advisers and said that firms not offering reviews of with-profits policies may not be treating their customers fairly.Speakers from O&M […]

Standard Life announces extra £800m of with-profits bonuses

Standard Life has announced that an estimated £800m of bonuses will be added to its with-profits plans in 2008.Its with-profits bonus declaration states that bonus growth rates for unitised with-profits bonds will increase from 2 to 2.5 per cent per annum and from 1.5 to 2.0 per cent for other life plans.Standard Life says where […]

Pro planners taking on wealth managers

Top-end advisers are making steady inroads into client business which has previously been the domain of private banking institutions, says Transact.Head of marketing Malcolm Murray says professional financial planners are now offering a service to compete with private wealth managers.Murray says the development is a result of growing professionalism and firms are compete more for […]

Greece: the sideshow continues

Artemis managers James Foster, Mark Page and Laurent Millet comment on the Greek deal, describing it as “just another fudge” getting in the way of bigger developments in China, the UK and the US. To read the full article click here.


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