Freedom of Information requests by the LibDems have revealed the cost of police pensions has soared by 50 per cent from £1.3bn in 2004/05 to £2bn in 2008/09.
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Buxton’s alpha mater
Richard Buxton’s Schroder UK alpha plus fund remains one of the market’s most popular products, run as a focused portfolio of the manager’s highest conviction ideas. He joined the group in 2001 and has managed the fund since launch a year later, before which he had an 11-year stint running UK equity money at Barings. […]
Leading questions
Hargreaves Lansdown is not a typical adviser business but the company feels that its approach to the retirement market has set it up to be a leading firm in the sector for many years to come. With a client bank split 90 per cent self-service to 10 per cent advised clients, Hargreaves Lansdown says its […]
Baigrie and ABI link up to promote protection
Lifesearch managing director Tom Baigrie is working with the Association of British Insurers on its new drive to help raise consumer awareness of protection needs. ABI protection strategy committee chairman and Aviva protection director Richard Verdin says Baigrie, who spearheaded the consumer protection and insurance engagement campaign, has agreed to help steer the work stream […]
Out of Context
“It is like chasing the soap in the bath. You think you have just about got it and it slips away.”Which? Future of Banking Commission panel member Philip Augar on finding a solution to the banking crisis. “I’m struggling up the street with a bottle of Bollinger.”Syndaxi’s Robert Reid “Anti-money-laundering is my speciality, mainly because […]
A modern horror story
Every day a quick scan of the news reveals some new horror that will change the lives of those involved forever – the unlucky accident on the way to work, a tragic illness that cuts a young life short or the holiday accident that leaves more than just a scar to cope with. We barely […]
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Phil Jeynes: Insurers have to be smarter on mental health
Last month, the BBC’s Money Box covered the story of a protection customer who had seen her quoted life and critical illness premium rise by around a third after she disclosed a historic mental health issue. The woman was taking cover as a parent of young children and had originally chosen an insurer after getting […]
CISI sets up financial planner mentoring helpline
The Chartered Institute for Securities and Investment has set up a helpline for participants in its financial planning mentoring scheme. The helpline, which is being supported by Schroders, will be open to mentors and mentees on the programme, which started on the first of January this year, looking for support in achieving professional financial planning […]
Collapsed wealth manager’s Sipp book sold for £820k
Collapsed wealth manager Greyfriars Asset Management sold its Sipp and SSAS administration business to Hartley Pensions for £820,000 an update on Companies House shows. Money Marketing previously discovered Hartley took on 1600 Sipps, 160 SSAS and almost £500m assets under management onto its books for an undisclosed sum, with fresh documents now revealing the value […]
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