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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Latest statistics show personal pensions, in particular, get a bad rap The recently published preliminary estimates from the Office for National Statistics’ Wealth and Assets Survey make for interesting reading with regards to how people view pension savings and how safe they are. The next round of this survey will be even more interesting in light […]
Beaufort Group is planning to add three more firms to its network with one deal expected to finalise next week. Chief executive Andrew Bennett says the other two small to medium-sized firms are expected to join “imminently”. In January, Beaufort Group added Statehouse Group as an appointed representative. The firm is now called Beaufort Financial […]
Significant gilt weightings continue to be recommended, despite concerning signals on their risk Government bonds play a pivotal role in a balanced portfolio; there are very few assets that provide the diversification benefits gilts can bring. So often over the last 30 years, when equity markets have zigged, bond markets have zagged, thereby smoothing return […]