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Crossed lines

Money Marketing likes to think of itself as a law-abiding title but it nearly caused a stir at Heathrow Airport this week after an ill-timed call to PMS managing director John Malone as he was going through security.

Malone asked for the mortgage hack to call back later for fear of looking suspicious before going through the stringent checks. Sources close to the airport confirm that Malone was not subject to any extra searches after the call, which is fortunate considering he admitted having to go commando the week before after his luggage was lost en route to the Bankhall conference in Berlin.

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Balls set to axe Asps

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Aifa calls for reduction in costs to execute PBR

Aifa says the FSA must be held accountable for the massive cost that the introduction of principles-based regulation will impose on the industry. Speaking at a Treating Customers Fairly conference in London, sponsored by Prudential, Aifa deputy director general Fay Goddard said: “This is costing the industry millions. We are very much about accountability. As […]

FSA censures GDT over withdrawal

The FSA has publicly censured GD Tancred Financial Services for not clearly explaining and documenting the risks of income withdrawal to customers with small pension pots. GDT is writing to all income withdrawal customers to make them aware of the risks.

Five ways to invest in the connected world

Smart utility metering; fitness trackers; connected cars; smart factories; precision agriculture: the internet of things encompasses myriad applications. But how do you gain exposure – and profit – from this growing trend, asks Neptune fund manager & CTO Ali Unwin. Read more: Important information Investment risks Neptune funds may have a high historic volatility rating […]

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