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Clarkson Hill in the black

Clarkson Hill Group has posted its first-ever profit along with a 36 per cent increase in turn-over from £13.4m to £18.3m for the year ending July 31, 2007.

Profits were £25,279 compared with a £323,998 loss the previous year. Operating efficiency improved to 19.6 per cent from 22 per cent in 2006.

Funds under management rose by 88 per cent to £712m from £378m. New single-premium investments increased by 51 per cent to £250m compared with £165m in 2006.


Don’t ignore the FSCS

The January 10 issue featured a letter from “Name and address supplied” concerning the Financial Services Compensation Scheme. The thrust of the letter was that if you are pursued by the FSCS over claims relating to a departed colleague, if you ignore it, it will go away. The letter contained several other misconceptions. Lest other […]

A shaw thing

Sam Shaw is a reporter on Money MarketingHaving just about persuaded Sumus chairman Paul Bradshaw not to pimp me as the wife-to-be of a certain mutual friend of ours (I think…), I wound up whisky-ing into the early hours of Saturday morning following the Falcon conference, with my partners in booze being none other than […]

Divorcees must prioritise seeking advice, says Towry

Towry Law says couples facing divorce should seek financial planning advice as early as possible. It says with family lawyers reporting their busiest week of the year for handling divorces, Towry Law urges couple splitting up to seek financial advice as a matter of urgency. It says the additional financial stresses can be reduced with […]

Government must clarify CGT, urges Beacon Asset Management

Beacon Asset Management director Simon Goldthorpe has called on the government to urgently clarify proposed reforms to capital gains tax. Treasury ministers are holding talks with heads of business ahead of an announcement expected on Thursday or early next week. Proposals announced in the pre-budget report last October to impose a flat 18 per cent […]

Trusts: Easier than you think?

Protection providers often extol the benefits of placing plans in trust. The advantages for clients are widely recognised and numerous – inheritance tax mitigation, avoiding probate delay, controlling claim proceeds, and so the long, familiar list continues. Yet, dismissed as unnecessary form-filling, or simply viewed as irrelevant in the context of a mortgage sale, less […]


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