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Charles Fry appointed MCC president

Charles Fry, director of financial product boutique Pinder Fry & Benjamin, has been appointed president of the MCC. Fry, a former first-class cricketer who played for Hampshire, has previously served on the Club&#39s bicentenary, finance and marketing committees. He currently chairs its membership committee, which has significantly boosted the number of female MCC members. He will assume the presidency in October.

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Network Data opens to smaller packagers

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Schroders hedges for SAIF bet

Schroders Private Bank has added a more aggressive hedge fund of funds to its Schroder alternative investment funds (SAIF) range. SAIF Blue Mountain aims for returns of between 10 per cent and 15 per cent a year by investing in eight to 12 hedge funds on a global basis. In contrast, SAIF Blue Sea produces […]

Roadshows to focus on Sipps

Selestia is running a series of joint pension road-shows with Hornbuckle Mitchell trustees focusing on the future of Sipps and the building of personalised pension portfolios using asset allocation and fund selection.Beginning in London on May 19 and running until May 30, the roadshow will also be held in Leeds, Manchester, Nottingham, Birmingham, Cardiff, Bristol, […]

FSA says suitability means affordability

Concerns over the exact nature of the suitable mortgage advice demanded by FSA consultation paper 146 were raised at the BSA conference.FSA manager of mortgage policy Susan de Mont tried to clarify the situation, saying that for a mortgage to be suitable it must be affordable.She said the consumer&#39s opinion is all-important as the most […]

When is £1m not £1m?

Neil Jones is technical support manager with Canada Life’s ican Technical Services Team. Canada Life offers a range of wealth management solutions, including retirement income planning, estate planning and investment solutions from a choice of jurisdictions, including the UK, Isle of Man and Republic of Ireland. The residential nil-rate band (RNRB) was first announced in […]

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