Reports reach the Diary that a certain downmarket rival publication has forgotten how to have fun.According to sources in attendance, a recent leaving-do bash for a member of the newsdesk ended around 11pm after members of the team decided they could not handle their “bellyfuls of beer” and opted for a quiet night tucked up in front of Newsnight. The Diary understands that trailing such top-class competition, they might feel that they need to get all the sleep they can but, girls and boys, you can still let your hair down every once in a while.
Phil Morse is leaving Gartmore to join Fidelity as business development director for its multi-manager team.
Safe Home Income Plans has revealed a small drop in the total value of new equity-release business written in the second quarter of 2006. Total business stood at 262.8m, a drop of 5.8 per cent on Q1 but 0.75 per cent higher than Q2 2005. Many commentators believe the industry has not grown as quickly […]
The Government is still clinging to its view that stakeholder pensions have been a success despite criticism of the regime from MPs, trade bodies and the FSA. Responding to a Treasury select committee report on NPSS regulation, the Government says stakeholder pensions have been a success in reaching their target audience. It says over 2.7 […]
Offshore investment For investors seeking more equilibrium in their portfolios amid recent market volatility, Prudential UK international development manager James Tothill suggests some more balanced approaches for advisers to consider
In the run-up to the Budget, there was some concern that the chancellor might ‘call time’ on the use of salary sacrifice in employee benefits provision.
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The Financial Services Compensation Scheme will automatically compensate hundreds of clients of a collapsed discretionary fund manager, but other investors will have to wait another five months to get their money back. London-based Beaufort Securities has been investigated by both the FCA and US authorities. An indictment from the US Department of Justice alleges that […]
Fiducia managing director on ‘good old-fashioned’ customer service in the digital world Anthony Scott is adept in the art of communication. As an adviser and a novelist (he has written the novels ‘On Ashover Hill’ and ‘The Birthday Gift’) it is crucial for the Fiducia Group managing director to engage and build a rapport with […]
The FCA has reiterated its warnings that advisers outsourcing defined benefit transfer advice to firms with relevant qualifications cannot divorce themselves from responsibility for the eventual recommendation. While existing FCA rules require additional qualifications to advise on DB transfers, and the FCA has written to all firms who have DB transfer permissions as part of […]