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Britannic Group chief exec resigns

Britannic Group chief executive Danny O&#39Neil has resigned with effect from today, a position he has held since May last year.

He says he has decided to leave for personal reasons, but will remain a consultant to the group and will become a non-executive deputy chairman of Britannic Asset Management.

Group chairman Harold Cottam will fill the chief exec&#39s role until a replacement is found.


Disclosure upheaval would aim to clarify adviser classification

A radical overhaul of the disclosure regime is being called for by the FSA, including scrapping post-sale confirmation letters, which it claims would save the IFA sector over £37m.The FSA makes recommendations in its consultation paper which it claims will “enhance” disclosure and ensure clients know what type of adviser they are dealing with.It says […]

Lincoln looks to small and mid caps

Lincoln Unit Trust Managers has established the UK equity growth trust, a unit trust which invests in a portfolio of between 50 and 100 small and mid cap stocks in the UK.The trust is also available within an Isa wrapper and is managed for Lincoln by Goldman Sachs Asset Management. Stocks will be selected by […]

Winning post

With the approach of the end of the tax year, many tax planners will quite likely be focused on actions that should be taken by their clients ahead of April 5. I will look at some of the more widely applicable of these in future articles.But it may be worth planners looking beyond April 5 […]

Editorial: Put yourself and consumers first

The FSA&#39s spin-doctored announcement on the axing of polarisation has as its heading: “Consumers put first in proposed reform of financial advice”.This is simply not true. A more accurate heading would be “Consumers put last as overwhelming demand for IFAs ignored”.The lunatics have taken over the asylum but most IFAs realised that long ago.The changes […]


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