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Board reshuffle for Money Quest

A board reshuffle at Money Quest has seen managing director Steve Pollard become the company’s first chief executive officer and operations director Paul Reynolds move up to become managing director. The firm is taking on 150 new staff as part of expansion pans ahead of a planned flotation within the next couple of years.

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Abbey finally sees red

Abbey has bowed to pressure from conservationists and quietly changed the species of squirrel in its advertising from grey to the native red squirrel. The bank last month began using the red species in its savings ads and says it no longer features grey squirrels. The move was met with delight by the UK Red […]

‘IFA professionalism can silence critics’

IFAs must focus on improving their professional standards and leave fighting injustices to Aifa, says Sesame chief executive Patrick Gale. Gale says professionalism is key to the future success of independent financial advice and the best means of rebuffing condemnation from the consumer press and Government policymakers that focus on the cost of advice rather […]

Defence Union starts human rights action against FOS

The IFA Defence Union has formally applied to the High Court for a judicial review against the Financial Ombudsman Service for allegedly breaking European human rights law. The application was made in person last week by ATE Risk legal risk analyst Andrew Wesson, who will organise the underwriting of the union’s case if it reaches […]

Japan: the Land of the Rising Dividends

By George Boyd-Bowman, Fund Manager at Neptune Many Western investors have long bemoaned the lack of a true dividend culture in Japan, claiming the corporate culture is not tilted in favour of shareholders. Yet today, in the Land of the Rising Sun, we see a fresh impetus to focus on shareholder returns, which is leading […]

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