After the Diary's recent sensational revelations about the Steve Bee cafe, we can now reveal, courtesy of an anonymous photo donor, that yet another leading industry outfit seems to have a catering sideline. Any further culinary pictures would be most welcome.
Thanks to Insight Investments for the miserable news that the British public would prefer its children to be taught financial management than drama or art. It goes without saying that kids need to know about overdrafts and student loans, the Diary would agree, but 0 out of 10 for lack of insight to the fund […]
Exeter Friendly Society is offering a PMI product aimed at spreading the cost of treatment between client and insurer to reduce premiums. The Shared Care product is menu-based, with clients able to select between three different benefit packages, ranging from core coverage of in-patient and day patient treatment to out-patient services, transport, private ambulance and […]
Barings UK fund manager Errol Francis, who took over Richard Buxton's funds when he left the group for Schroders last year, is to join Credit Suisse Asset Management in January. Francis, manager of the £122m UK growth and £8m equity income funds, will run a UK fund but CSAM has yet to decide which. He […]
Friends Provident has confirmed it is closing its direct sales operation following a review of its distribution strategy. Friends says about 500 staff will be affected, including the sales force, of whom 150 may become self-employed appointed reps. The move means Friends will focus on distributing its products through IFAs, the enlarged AP channel and […]
Johnson Fleming employees have raised more than £400 for their chosen charity of the year, CLIC Sargent, with a series of fundraising events.
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M&G is merging its Global Leaders fund into the Global Themes fund in the wake of a review resulting from fund manager Aled Smith’s decision to step down. The proposed merger has been approved by the regulator but is still subject to approval from shareholders. The Global Themes fund will continue to be managed by […]
Face-to-face advice still holds a firm place in serving clients, despite an increasing demand for mobile and remote services in adviser practices. Research from consolidator Fairstone from November shows there has been a 10 per cent decrease in the use of face-to-face financial advisers over the past seven years. However, advisers speaking to Money Marketing […]