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Deloitte & Touche recruits four from PricewaterhouseCoopers

Deloitte & Touche is recruiting four PricewaterhouseCoopers partners specialising in corporate recovery to its financial advisory services unit. Aidan Birkett, Gerry Loftus, Stephen Knight and Andrew Grimstone all join the firm.

Deloitte & Touche financial advisory services unit head Ian Jamieson says: “This is an important addition to our rapidly growing financial advisory business. Reorganisation services has excellent margins and its counter-cyclical features are particularly appealing in the current market climate.”


Best buy tables &#39open to manipulation&#39 says Daily Mail

The Daily Mail may revise its best buy tables according to its personal finance editor Jeff Prestridge.Speaking at a debate at the Building Society Conference in Harrogate today Prestridge admitted tables in general could be open to manipulation by lenders.He invited building societies to suggest ways in which such tables might be revised to better […]

Detailed medical evidence holding up Axa claim

I read the letter from Paul Wearden (Money Marketing, May 3) withinterest. Axa Equity & Law has indeed been looking into a claim from one ofMr Wearden&#39s clients for total and permanent disability under a critical-illness policy. We take claims of this nature extremely seriously and rely on detailedmedical information and advice, which has to […]

Scheme to probe complaints against FSA

The FSA has published its final arrangements for inv-estigating complaintsagainst itself from firms and con-sumers. Its scheme will start onSeptember 1. The scheme covers procedures for dealing with allegations ofmisconduct by the FSA.

Autif chief in plea for pact on performance

The retiring Autif chairman has called for greater clarity on disclosureto improve investor understanding and confidence. Speaking at Autif&#39s AGM, Alan Ainsworth, who has now stepped down aschairman, said there is a strong case for the adviser&#39s selling, advice andservice costs to be shown separately to the product costs. He claimed there is a need […]

Europe: Volatile share prices create opportunities for long-term investors

Mark Page and Laurent Millet, managers of the Artemis European Opportunities Fund, look at why, how and where fluctuations in European markets can generate opportunities for their fund. When asked what the stock market would do next, John Pierpont Morgan is reported to have replied that “it will fluctuate”. His (apocryphal) answer proved accurate. Over […]


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