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Feeling tyred and emotional

A primed and ready MM reporter sporting pens and notebooks in every pocket found herself foiled as she tried to reach the Standard Life annual general meeting in Edinburgh on Tuesday.

After reaching the airport in plenty of time to allow for every possible eventuality, the flight was then delayed for 40 minutes, which was no sweat for a well-prepared journalist.

After finally being installed on the flight and ready for take-off, said reporter, still in a reasonably relaxed frame of mind, started banging her head against the aircraft window in frustration when the cheerful pilot called over the loud speaker that the pre-flight check had revealed a large piece of rubber missing off its tyre and that KwikFit was being called in for a speedy repair.

Kwik-Fit did not live up to its name in this instance and a red-faced and puffing MM reporter was left to race into an already under way AGM, shedding pens and notebooks in every direction.

What we go through in the line of duty.


Cable urges probe on mortgage cover

Liberal Democrat chief Treasury spokesman Vincent Cable is calling on the Government to toughen up on lenders selling payment protection insurance. Cable wants to see the Office of Fair Trading conduct a full-scale review into the PPI market. Cable has condemned big banks and a number of small brokers for taking advantage of weak rules, […]

Credit Suisse Asset Management – Target Return Fund

Type:Oeic Aim: Income and growth by investing globally in fixed-interest securities Minimum investment: Lump sum £5,000 Investment split: 22% government bonds, 16% investment-grade short-term bonds, 13% investment-grade bonds, 7% high-yield bonds, 7% emerging debt, 6% convertibles, 28% cash, 1% central Europe Isa link: No Pep transfers: No Charges:Initial 4.25%, annual 1.25% Commission:Initial 3%, renewal 0.5% […]

FTSE 100 firms double pension cash

FTSE 100 companies paid almost twice as much into their pensions schemes in 2003 than in the previous year, according to Watson Wyatt. On average, contributions into defined benefit schemes rose 95 per cent, in stark contrast to 2002 when contributions “barely covered” the cost of new accruals. In 2003, employers not only covered accruals […]

Questions on strength and trust

The Abacus consultancy director David Ferguson questioned the stated cost of smoothing, which Pru chief executive Mark Wood admitted is around a 0.75 per cent annual management charge. Ferguson queried where the fund&#39s capital for new investment and offers such as extra allocations came from. He said, with returns under pressure, costs such as this […]


Natixis Global Asset Management’s quarterly Portfolio Barometer offers insights into UK financial advisers’ model portfolios and the allocation decisions they are making. Natixis’s Portfolio Research & Consulting Group works with financial advisers and other intermediaries to analyse and enhance their model portfolios and help them develop investor portfolios suited to today’s complex markets. The Portfolio […]


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