Senior executives at Equitable Life have received copies of the report ahead of its publication. Financial secretary Ruth Kelly said the serving directors had been given extracts of Lord Penrose's report early to assist the Treasury ' with its public functions.'
I was interested to read the comments of Walter Merricks on behalf of the Financial Ombudsman Service complaining about the industry holding contrary views on the issues of consistency in FOS decisions and the right of the FOS to set precedent (Money Marketing, January 22). He says if you want consistency, you must have a […]
Type: Enterprise investment scheme Aim: Growth by investing in a Shetland-based cod farm Minimum investment: £30,000 Opening/closing date: January 1, 2004/March 1, 2004 Charges: Initial 4% Commission: Initial 2% Tel: 0141 5641523UNIT-LINKED BONDSSKANDIAMultiBond - Skandia Distribution BondType: Unit-linked bondAim: Income and growth by investing in a range of distribution fundsMinimum investment: Lump sum £5,000Fund links: […]
Estate agency Jackson-Stopps and Staff has added its support to sellers' packs group Splinta who are campaigning against the packs. The company says it has reached the conclusion that the home condition report contained in the home information pack is totally inappropriate for the type of property the firm deals with.
US medical specialist database service Best Doctors is looking to gain a stronger foothold in the UK following the appointment of its first UK and Ireland general manager. Former Munich Re protection new business manager Peter Mannion has taken on the role and is looking to make the UK as prominent a territory for the […]
Last year, worldwide mergers and acquisitions (M&A) rose to an unprecedented $4.7tn, according to Thomson Reuters, a 41 per cent increase over 2014. Anthony Forcione, senior equity analyst at Loomis Sayles, an affiliate of Natixis Global Asset Management, looks at what’s been driving this particular wave of mergers. Click here to view full article: Loomis-Sayles
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The Government says almost £5m was obtained by pension scammers in the first five months of 2017
Sales skills in themselves are not a bad thing. It comes down to whether they are truly being used for the benefit of the client, not the adviser.
The merged company owns three platforms: Parmenion, Standard Life Wrap and Elevate, but is promising to keep ring-fencing.