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Equitable Life Director Quits

Equitable Life&#39s chief finance and investments officer Charles Bellringer has resigned from the company.

After the publication of the latest financial accounts and the completion of the compromise scheme, which was approved by policyholders in January, Bellringer is looking for further opportunities in corporations undergoing major change.

A team will take over Bellringer&#39s day-to-day duties until a new appointment is made.


Tiner says most life offices have passed resilience test

There has been no regulatory reason for life offices to sell equities as a result of the recent stockmarket turbulence as most have remained well within the boundaries of the life insurance resilience test, according to FSA managing director John Tiner.Answering a question from the select committee about the continuing strength of the embattled life […]

Thames River Capital thinks big on Japan

Thames River Capital has established the Thames River Edo fund, a long and short hedge fund that is structured as an offshore Oeic.The fund invests in Japanese companies and will take long positions on companies that look likely to perform well, while going short on companies that look likely to fall in price.Thames River Capital […]

Correspondent&#39s week

Monday morning, 5am, am I really the only person awake at this time of the day? The answer is no, as the similarly weary faces of fellow commuters will later testify, as they prepare to leave the West Country and run the gauntlet of First Great Western on their way to the great metropolis.Radio 5 […]

Trigold signs mortgage club deals

Sourcing system and trading platform Trigold has signed a deal with broker clubs Mortgage Intelligence and The Mortgage Alliance, Scottish Mutual and Scottish Provident&#39s club. A customised version of the software offer is TMA&#39s 3000 members mortgage point-of-sale and processing solutions.

Childcare - thumbnail

Three questions for employers…

The Family and Childcare Trust’s annual survey has been widely reported in the media and the two headline figures were these: the average cost of a nursery place for a child under two has risen by 33 per cent since 2010; and the costs have risen by five per cent in a single year.


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