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F&C announces change of CEO

F&C have announced Alain Grisay is to take over as CEO from Howard Carter in January 2006.

Grisay was appointed deputy chief executive in March 2005 and will be guided by Carter until his formal retirement in March 2006.

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Investment business hits two-year high

Net retail investment sales in July reached their highest level in two years giving renewed hope that investor confidence is returning, according to the Investment management Association. Total net sales were 852m, the highest since July 2003 when they reached 863m. Equities were almost twice as popular as bonds, selling 367m, with 192m for bonds. […]

Borrowers should have a choice on higher lending charges says TFC

TFC Homeloans believes borrowers should have the choice as to whether they pay higher lending charges or not when taking out a mortgage.TFC says these charges are being shunned by some brokers as they favour products which do not force borrowers to pay HLCs as an additional cost.TFC Homeloans head of products Simon Snape says: […]

The return of emerging markets

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