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B&W hopes to recruit Eagle Star sales staff

Bristol & West is hoping to take on 100 of Eagle Star&#39s ditched direct salesforce in the next four weeks. The move will expand its salesforce to 300. Eagle Star revealed last week that it was pulling out of direct sales.

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Edinburgh merges growth funds

Edinburgh Fund Managers is merging its UK income & growth fund with its growth & income fund. The £65m fund will be called the Edinburgh UK growth fund.

Exeter cuts Pep initial charges

Exeter Fund Managers is offering a 1.5 per cent discount on the initial charges for its two Pep portfolio funds. The initial charge has been cut to 3.5 per cent from 5 per cent for the Chameleon Income Portfolio and the Chameleon growth fund until May 29. An annual charge of between 1.25 and 1.5 […]

Take an objective view of the discounters

The recent article on “discounters” was long on sensationalism but short on facts. 1: Where is the evidence that “fund firms are unhappy at paying renewal commission”? If they are, why is this now spreading rapidly to other products? 2: It is plain wrong to suggest that “clients get advice from IFAs then buy from […]

A CONSUMER&#39S VIEW

The year has ended on a sour note for Tony Blair and his team. The almost universal dismay with which the proposals for the new Individual Savings Account were greeted has been followed by almost universal disquiet over the cutbacks in benefits to single parents. It isn&#39t going to be a very merry Christmas for […]

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