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BSA eagerly awaits Davies&#39 successor

On the early departure of Howard Davies next September from his role as chairman of the FSA, Building Societies Association director general Adrian Coles says:

“Davies did a very good job in bringing together nine regulators. The identity of his successor will be a crucial factor in the development of financial services in the next five years.”

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Wednesday, 11 December 2002 Type: Unit trust Aim: Income or growth by investing in UK equities, government bonds and investment-grade bonds Minimum investment: Lump sum £1,000 Investment split: UK equities 72.5%, government bonds and investment-grade bonds 27.5% Yield: 4.5% gross Isa link: Yes Pep transfers: Yes Charges: Initial subject to negotiation, annual 1% Commission: Initial […]

AMP appoints new chairman

AMP has appointed Peter Willcox as its new chairman. He will occupy the post of deputy chairman until outoing chairman Stan Wallis leaves in July next year.AMP has recently also seen the departure of its chief executive and chief finance officer, as well as its UK managing director Tom Fraser.

Henderson offers free Isa transfers to tech fund

Henderson Global Investors is seeking to administer the final blow to moribund technology funds by offering investors free Isa transfers into its global technology fund until January 31.In a move designed to help establish the fund as the biggest in its sector, Henderson is waiving charges to investors moving Isas through Cofunds and Skandia and […]

Cap Gemini Ernst & Young appoints financial services industry specialist

Cap Gemini Ernst & Young has appointed Martin Barber as vice president of its financial services team. Barber joins from KMPG Consulting where he held the position of partner within the financial services sector consulting group.He has 17 years experience of working within the financial services sector and specialises in business change programmes.

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