Britannic’s Burns Night celebration wins the Diary’s occasional (that is, annual) prize for the most aggressively Scottish party held in England.This may not sound too challenging but the firm went so far as to employ an over-zealous actor to dress as Robert Burns and slash into a 3ft haggis with a knife longer than his own forearm. This year’s do was held in the Tower of London, involuntary home to several Scots over the years. Perhaps they were trying to get their own back?
Standard & Poor’s has cut Skandia’s insurance rating from A to A- following the announcement that Old Mutual’s offer is now termed unconditional.
High-profile former DWS fund manager Graham Ashby has joined Sarasin Chiswell to run global and UK equity income funds. Ashby left DWS, where he ran the firm’s UK equity inc-ome and UK equity income plus funds, last October after it was bought out by Aberdeen Asset Management. Sarasin Chiswell is lining up a global income […]
Investment Only by considering all the variables can an informed decision be made on choosing an onshore or offshore investment, says Prudential taxation and trusts manager Paul Kennedy.
It is interesting to read of the apparent dilemmas surrounding advice to clients on whether they should remain invested in with-profits or go into something else. First, I think perhaps that the FSA may be quoting somewhat conveniently out of context the IFA who is reported to have asked whether he was expected to understand […]
December has left me destitute. My piggy bank lies broken and empty, my lunchtime meal deal feels like an extravagant expense and I’m down to the Bountys in my box of Celebrations. But I won’t mourn my dearly departed pennies. Between buying gifts for loved ones (then deciding to keep them for myself) to treating […]
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As the outlook for the UK’s economy remains uncertain, how can advisers prepare portfolios for any change in inflation? As higher inflation fails to appear on the horizon and wages grow faster than expected, fund managers are weighing up their portfolio moves for any potential changes in the economy. The UK consumer prices index rose […]
IFA directors Kevin and Cheryl Neal have been banned from being company directors by the Insolvency Service for six and four years, respectively. The married couple ran the now-defunct Hertfordshire-based Kevin Neal Associates Wealth Management. They were disqualified for taking assets from an insolvent company. The firm had been incorporated to take over the business interests […]
Hartley Pensions has bought the “untainted” assets of the Lifetime Sipp Company, which went into administration earlier this year. An update published today on the website of Lifetime’s administrators Kingston Smith & Partners says Hartley Pensions has also agreed to administer the tainted Sipps held by Lifetime Sipp. The administrator described tainted assets as those where […]