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Band aid for Pru PR

Talk about wild boys. During a press trip with Prudential to a Duran Duran concert at the Wembley Arena last week, Pru PR Rick Lay displayed some serious holes in his fanhood qualifications for attending the concert.

Confirming that he had indeed been a fan of the 80s wonder band for many a year, he was asked what he thought of Rio.

“Oh he&#39s always been my favourite member of the band,” came the response. Hmmmm.


Heath says protection regime will spark exodus

Consultant Garry Heath says the onset of FSA regulation of protection intermediaries will bring a wide range of potential problems affecting brokers, providers and the ombudsman. In a speech at an industry conference, Developing Next Generation Protection & Health Insurance Products, in London this week, Heath issues a stark warning, telling the industry to prepare […]

Confidence tricksters

I refer to John McFall&#39s piece on March 25. I shall leave making comments on his main points to others, nor will I query his qualification, suitability or experience in financial matters, but will take issue with two particular words – restoring confidence. He refers to this principle no less than five times in his […]

Points of interest

Mrs Watkins (W) died on December 12, 1999. Her house consisted of two flats – a ground-floor flat which was let and a first-floor flat in which she had lived with her husband (H). Her will included a gift of her house to her trustees on trust for sale, with directions that H might live […]

Rose steps down after 15 years as Aegon takes over

Aegon is buying the remaining 50 per cent stake in Wentworth Rose in a deal which sees founding director Philip Rose leave by mutual consent after 15 years with the firm. Aegon agreed an option to buy the remaining share when it bought half of Wentworth Rose in June 2002 for an undisclosed sum. Rose […]

UK housebuilders remain a value trap – despite post-Brexit falls

Despite the sharp drop in housebuilders following the Brexit result, valuations in the highly illiquid market are still at elevated levels. And whilst some investors may take comfort from superficially low price/earnings multiples, are earnings sustainable over the long term, asks Holly Cassell, Assistant Manager of the Neptune UK Mid Cap Fund. Click here to […]


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