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Flabby advisers should get fit to live off the fat of the land

Financial advisers are not well known for their bodies – professional or otherwise – but a recent study suggests that some regular exercise can have positive effects on success in the workplace.

The study, commissioned by Business Pages and conducted by industrial psychologist Dr David Lewis, found that the fitter you are, the more active, ambitious and resourceful you become.

Unfortunately, financial advisers have been identified as chief offenders in the slob stakes.

It seems that working for yourself is a sure way of avoiding the sweat and tears caused by physical exertion because you lose out on company perks such as on-site gyms.

Even when financial advi-sers are aligned to firms which offer fitness schemes, only about 35 per cent sign up.

Business Pages, which is coordinating a Fit for Work campaign, says lack of exercise is also causing financial advisers to miss out on improved productivity.

Exercise stimulates the production of endorphins which in turn raise the metabolic rate and lead to increased awareness and a heightened sense of alertness.

Business Pages says work then becomes easier as your self-confidence, creativity, business management and ambition increase.


CII offers extra sittings for G60 paper

The Chartered Insurance Institute is to provide two additional sittings for people taking the G60 pensions paper of the Advanced FPC. The extra sittings will be held on July 17, 1998, and January 22, 1999 in addition to the scheduled sessions on April 22 and October 21, 1998. From March 31, 1999, the PIA will […]

Rechabite rewards abstinence from the demon drink

An army of teetotallers is set to benefit from a cheap sickness benefits scheme thanks to those scourges of the demon drink at the Rechabite Friendly Society. The society demands that its members sign a pledge of abstinence before being able to take advantage of its products. Despite evidence to show that a couple of […]

Schwab sets up B&B system for brokers

Charles Schwab has set up a system for intermediaries to carry out bed-and-breakfast deals on behalf of clients. Bed and breakfasting – selling shares and buying them back the following day – is a common way for investors to realise their annual capital gains tax allowance, currently £6,500. Schwab is offering intermediaries a flat fee […]

Actuaries to probe income-drawdown market

The Institute and Faculty of Actuaries is to follow the PIA and IFA Association with its own review of the income-drawdown market in the new year. It is to carry out a detailed survey of the way that income drawdown is sold. It is concerned about the structure of the product and how to develop […]

To be and not to be – Multi asset investing with conviction

At Pictet Asset Management we believe active management of asset allocation is the most important generator of returns. What is not to be in our portfolio is just as important as what is to be because good performance is determined as much by the assets you avoid as by those you hold. The FP Pictet Multi Asset Portfolio managers are not wedded to any particular […]


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