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F&C Pacific Investment Trust appoints non-executive director

Foreign & Colonial Pacific Investment Trust has appointed Kevin Jones as an independent non-executive director.


Jones is a former principal with McKinsey & Co Tokyo. He also has had extensive dealings with Western and indigenous companies in the Far East.

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Standard Life Investments sees retail business up 115 per cent

Standard Life Investment increased its new retail investment business by a record 115 per cent in 1998.It took more than £50m of new money in the first quarter after its launch in November 1998.Its lump sum contributions increased by 131 per cent to £49m.SLI chief executive Sandie Crombie says: &#34Based on these figures for the […]

ACA calls for pension tax freeze in budget

The Association of Consulting Actuaries is calling on the Government to freeze pension taxation in the forthcoming Budget on March 9 because it claims taxes first need simplifying.The association believes more people must lock away saving into long-term retirement plans for any reforms to succeed, and for this to happen, there has to be a […]

Canada Life new business up nearly 50 per cent

Canada Life&#39s new business figures have increased by almost 50 per cent.The new business figures excluding unit trust and Pep business were up 47.3 per cent on the previous year.The life office says that individual protection business was up almost 50 per cent.The launch of two high income bonds also helped to boost the figures. […]

NU&#39s healthcare product gives choice between private and NHS

Norwich Union Healthcare is launching a private medical insurance scheme that will allow people to choose between private and NHS treatment.The life office says it is launching the scheme because many people can&#39t afford private health insurance and others do not want to feel they have abandoned the NHS.It says &#39Fair and Square&#39 provides a […]

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