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Exam review now delayed until 2007

The Financial Services Skills Council has revealed further delays in its much anticipated exams review saying the review is now not scheduled to be completed until 2007. Newly-appointed FSSC managing director Teresa Sayers told representatives of the industry and the regulator the review timetable would be published in April, along with the first appropriate exam list, largely made up of existing exams.

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Standard&#39s strength better than expected – Commerzbank

Standard Life&#39s year end results show its financial strength is better than analysts had expected with available assets up 9.5 per cent to £4.6bn in 2003 from £4.2bn the previous year. Commerzbank analyst Roman Cizdyn says the mutual&#39s cash surplus compares well with figures published by its main rivals in recent years. Cizdyn says: “The […]

Pension edge

An extremely petulant Chancellor announced that if the National Audit Office concluded that more than 5,000 people were affected by the introduction of a lifetime allowance on pension funds, he might not bother with the introduction of pension tax simplification at all. Leaving aside such a juvenile response to a perfectly reasonable debate, what might […]

Clerical Medical back for good

Clerical Medical has returned to the commission-based group pension market after an absence of almost two and a half years because its systems could not cope with the amount of business it was attracting. The company is now set to woo IFAs with new features on its group pensions such as online fund valuations for […]

Liberty Ermitage – Diversified Strategies Fund

Type: Hedge fund of funds Aim: Growth by investing in a portfolio of between 80 and 100 hedge funds Minimum investment: $50,000 Place of registration: Cayman Islands Investment split: 100% in hedge funds Charges: Annual 1.5%, performance fee 15% Commission: Subject to negotiation Tel: 01534 615500

Rayner Spencer Mills: Why we rate the Artemis Global Growth Fund

Ken Rayner and Graham O’Neill from RSM explain why they rate the fund, its investment process and how it can be used in a portfolio. The Artemis Global Growth Fund became a RSM ‘rated’ fund earlier this year. In this video, Ken Rayner and Graham O’Neill explain the fund’s investment approach, why they rate it, […]

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