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First Actuarial plans for expansion as it approaches 2nd birthday

First Actuarial is finalising its expansion plans as it celebrates its
second year of trading with strong business figures.

The actuarial consultancy is planning further recruitment at its four existing offices and the opening of a fifth office in Peterborough next month.

Latest annual trading figures from First Actuarial show annual revenues up by 40 per cent on 2004/05. Following the opening of the Peterborough office staff numbers will have more than doubled since 2004, with further recruitment currently underway.

First Actuarial director Alan Smith says:

“This second set of results shows the continued strength of our business
based on the top quality advice and services we offer. We have seen impressive growth in client numbers and this is set to continue, particularly among medium-sized clients who are in many cases disillusioned with the service they have been receiving from the larger consultancies.”


Albemarle hedge fund awarded AA rating

The Albemarle growth fund has received an AA rating from hedge fund analyst Allenbridge Hedgeinfo. Run by London-based Baltic Asset Management, the Albemarle growth fund is a multi-strategy fund of hedge funds which combines exposure to long/short equity, merger arbitrage, relative value, global macro, event-driven and special situations strategies. According to Allenbridge Hedgeinfo, the fund […]

‘Poor will get poorer under pension plans’

The Government’s state pension reforms will not stop up to 90 per cent of pensioners being eligible for pension credit by 2050, says the Pensions Policy Institute. It says the personal account proposals in the White Paper will not benefit the poorest pensioners and the burden on pension credit threatens the success of the scheme. […]

Denham backs homesaver deal to widen release

Leading Labour backbencher John Denham says the Government must work with the financial industry to create an equity-release programme for people excluded from the product. Home affairs committee chairman Denham says there is major confusion over equity release and people living in deprived areas and young or middle-aged homeowners are excluded from the benefits. He […]


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