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Dampier appointed as director

Investment IFA Hargreaves Lansdown has appointed Mark Dampier and Martin

Mulligan to its board of directors.

Dampier (right) is to become investment research director although his

role within the company will remain unchanged. He was previously investment

research manager.

Former systems manager Mulligan will become systems director, continuing

his responsibilities for the IFA&#39s general IT capacity and the installation

of new systems such as its database.


Abbey National launches Cahoot

Abbey National is launching its online bank Cahoot today, while rumours abound that a stake in the venture will be sold off in the near future. The high street bank denies it is seeking investors for its bank, saying it has turned down the approaches of a number of venture capitalists. It does not rule […]

Supermarkets sweep in for fund showdown

The fund supermarket world is about to get exciting. As four of the UK&#39sleading fund providers get together to launch an IFA-based onlinesupermarket in November, the stage has been set for a big showdown.The new company, to be called Consolidated Funds, will be set up with£20m from Gartmore, M&G, Jupiter and Threadneedle which have around […]

Standard urging members to take a long-term view

Standard Life has allied itself with the building society movement in itsfight to stay mutual, warning that the future of fin-ancial services hangsin the balance.Chief executive Jim Stretton made a hard-hitting defence of mutuality atthe Building Societies Association conference in Edinburgh last week.Standard Life has also attacked the FSA for not including pastperform-ance in league […]

Roll up formoney fornothing

As an actuary, I am always sceptical when I hear the phrase “money fornothing”. I do not seem to be alone in this, as some 80 per cent of IFAsout there appear to be so sceptical about the free lunch which investmentin offshore bonds can offer that they do not recommend them to theirclients.But sometimes, […]


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