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Clerical special sits open to new business

Clerical Medical will open the Clerical Medical Fidelity worldwide special situations fund to new business this week. The composite fund invests equally between Fidelity’s UK and global special situations funds.

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Network changes website wording

IFA network Financial Limited has changed the wording on its website amid concerns that some of it could have breached financial promotion guidelines. The website featured a claim that collective investments are almost guaranteed to make money. When Financial Limited’s managing director realised this, he admitted it was an error by a website editor. The […]

BlackRock manager Gallagher quits

BlackRock MLIM European dynamic manager Niall Gallagher is leaving the group after nine years to join US fund manager T Rowe Price. Gallagher will be replaced by European equities head James MacMillan.

Prudential restructure sees 30 brokers sales jobs cut

Prudential is cutting 30 jobs in a restructure of its broker sales team.Pru says 150 people across its intermediary sales division will have to reapply for their jobs with 60 positions being axed. The restructure will create 30 new posts in a move that will see the headcount on its intermediary distribution team cut from […]

How can I help develop my professional connections?

Graeme Ballantyne, business consultancy manager, looks at how you can maximise the opportunities through your professional connections As we move through the summer months it’s perhaps a good time to pause and reflect on whether the plans you’ve made for your business are bearing fruit. One area we at PruConsulting know many advisers have been […]

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