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Clerical Medical announces addition to Japanese Team

Clerical Medical announces an addition to its Japanese Equities Team.

Stephen Adams, who has six years experience managing Japanese and Asia/Pacific markets, joins the team as of the end of July. He comes from Norwich Union where he helped manage its Japanese portfolio.

Adams will replace Sharon Dodgson, who is leaving to join fund manager Bessemer Group to run its Japanese and Far Eastern portfolios.


DSS making final plans for new pension division

The Department of Social Security is close to finalising theresponsibilities of its new pension division.The division will deal with all matters concerning pensions andpensioners. It will include all aspects of policy development and deliveryof services, including stakeholder plans.It is one of three divisions which will broadly cover pensions,working-age people and children&#39s services. The aim is […]

Scottish Widows poaches fund managers

Scottish Widows Investment Partnership is continuing the development of its fund management team with the announcement of a series of new appointments. The investment arm of the life office has poached four fund managers from competitors. This is in addition to the 21 managers who moved to Edinburgh as a result of the merger with […]

Consumer panel chairwoman tells of &#39uneasy&#39 relationship with regulator

The FSA&#39s consumer panel will champion the consumer cause even if it strains its relationship with the FSA, according to panel chairwoman Barbara Saunders.Saunders was speaking at the first FSA AGM last week. Her comments come as it is revealed the consumer panel has recently appointed a spokesman from outside the FSA to speak on […]

LibDems offer compulsory alternative to stakeholder

The Liberal Democrats have issued a discussion paper outlining their proposals for an alternative to stakeholder.The scheme, called Owned Second Pension Account, would include full concurrency, compulsion both on employees and employers to contribute to the account and freedom for individuals to choose a provider.It would be run by the private sector but regulated by […]


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