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Capita Hartshead to take on PPF job

Capita Hartshead is in contract negotiations with the Pension Protection Fund to provide compensation administration and payment services to the fund.
The pension administration arm of Capita is to take on the administration and payment of compensation of eligible members on retirement.
It is proposed Capita Hartshead will run the contract from a bespoke version of its in-house developed pensions administration platform HartLink which currently supports over 200 individual pension schemes.
Capita Hartshead managing director Mike Addenbrooke says: Our size and experience place us in a unique position to provide administration services to the PPF.


Cigna healthcare appoints James Parker as new MD

Cigna HealthCare has appointed James Parker as managing director of the UK healthcare business with immediate effect.James joined Cigna in 2002 and was appointed finance director in 2004. he was formerly responsible for developing its UK growth strategy and for delivering annual business plans. He previously worked at Prudential, looking after UK and Asian businesses […]

NU to launch equity release cash reserve option

Norwich Union is to launch an equity release cash reserve option in mid-July 2006 which will offer more flexibility for customers. The option within its lifetime mortgage allows customers to release an initial amount of money from the value of their home and then allowing them to access more money over ten years. Further details […]

Special sits’ size restricts stockpicking

The sheer size of Fidelity’s 6.5bn special situations fund makes fund manager Anthony Bolton feel restricted in his stockpicking by and he says he is constantly pushing against the 20 per cent limit on overseas stocks. Investment Management Association guidelines stipulate that 80 per cent of a fund’s investment allocation needs to be within its […]

State of the markets: global growth

In conversation with journalist Alexis Xydias, Artemis Global Growth Fund manager Peter Saacke discusses the state of global markets and how he is positioning his fund. Peter gives his views on the growth potential of US, Europe and emerging markets, each of which is on a different stage of the road to recovery. And with a […]


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