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BBB finance director to step down in March

Berkeley Berry Birch group finance director Craig Butcher is leaving the national IFA group in March 2004. Butcher has been with the company for three and a half years and says he is leaving to pursue other interests. BBB is currently looking for a replacement.

BBB executive chairman Clifford Lockyer says: “Craig has been instrumental in helping to develop Berkeley Berry Birch as a truly national financial services distribution group. We will be sorry to see him leave, however he has agreed to stay in the short term and be fully involved in the selection of his successor.”


&#39Pensions have inconsistent approach to managing risk&#39

An actuarial analysis has found little correlation between funding levels of company pension schemes and the level of equity investment. Consultancy Watson Wyatt analysed the schemes of companies in the FTSE 350 index and found only a weak correlation between high funding levels and the amount put into riskier investments. Watson Wyatt says it might […]

Fear of regulator panic as it probes structured products

The FSA has revealed the extent of its concerns about structured products in a questionnaire asking IFA firms to detail their ability to meet potential misselling claims. The 15-point questionnaire was sent out last week and firms were asked to return it within 24 hours. It asks for an assessment of their overall financial position, […]

Correspondent&#39s View

With Christmas just around the corner and more things going on than you can shake a stick at, it is typical that half the office has gone down with flu while the rest are using up the holiday allowance they are not allowed to carry over into next year. The office is eerily quiet apart […]

2003:The year that went PI-shaped

It has been a difficult year for IFAs, with professional indemnity cover going through the roof and the run-up to mortgage regulation adding to workloads. Informed Choice managing director Nick Bamford says he is paying 12 times as much as he did two years ago for PI insurance, with an excess three times higher. He […]


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