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The Diary was remiss last week in not extending our condolences to Bob Monkhouse&#39s family.

Bob hosted three of our Money Marketing awards over the years, sharing his inexhaustible supply of gags with our industry.

The 2003 awards ceremony performance was his finest. Among the jokes shared with the gathered financial services industry included a quip about national IFA Woolwich in which he said Wifas – sounded more like a fart than an IFA. We all thought it but only Bob could say it in front of more than 1,500 people.

He will be missed.


AMI guides firms through cold-calling regulations

The Association of Mortgage Intermediaries has produced a factsheet on cold-calling for its members, clarifying the FSA&#39s position as regulation on cold calls is scheduled for this year. Cold-calling will be banned once statutory regulation starts in October but the AMI&#39s guide concentrates on what intermediaries will be allowed to do with regard to cold-calling. […]

PYV says IFAs are opting for wider PI cover

A major IFA PI broker has found that although the FSA&#39s provisions for solving the PI crisis have “greatly eased the burden”, an increasing number of IFAs are taking additional cover from a second PI provider to help cover big excesses. Broker PYV operations director Neil Pointon says that IFAs are investing in extra protection […]

Chelsea chooses GMAC-RFC for sub-prime offerings

The Chelsea Building Society is now have sub-prime mortgage offerings for customers falling outside its lending criteria. It is using &#39non-conforming&#39 products from GMAC-RFC.The firm says the decision to introduce customers to GMAC-RFC was taken after lengthy research of the non-conforming lending market, following a number of approaches from different lenders.It says the agreement with […]

Skandia prepares for A-Day rush with s32 launch

Skandia is entering the section 32 buyout market for the first time as it anticipates huge demand ahead of A-Day. The provider is adding an s32 plan to its single-priced pension range aimed at IFAs looking to ringfence tax-free cash and death benefits before the new pension tax regime comes in. IFAs have welcomed Skandia&#39s […]

Artemis Global Income: favouring Europe over the US

With a 10 per cent return from his Global Income Fund in the first three months of 2015, Jacob de Tusch-Lec talks to journalist Alexis Xydias about the drivers and why he favours Europe and Asia over the US. Jacob believes European companies remain cheap and is still finding opportunities amid value stocks – in contrast […]


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