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Friends Ivory & Sime launches new socially responsible fund

Friends Ivory & Sime is launching a new actively-managed balanced socially responsible investment fund (SRI) as part of its pooled pension fund range. The fund is aimed at pension schemes looking to apply SRI across all their investments.

The fund has been developed with The Pensions Trust, Christian Aid and Oxfam. Friends Ivory & Sime will use its influence as an investor to encourage companies to improve management of key social, ethical and environmental issues.

FIS retail managing director Gary Mairs says: “The launch of the fund follows strong demand from the market for SRI solutions.”


Lloyds may try hostile takeover of Abbey Nat

Lloyds TSB has taken a further step towards a hostile takeover bid for Abbey National by submitting a merger notice to the Office of Fair Trading. Details of the proposed acquisition were given to the OFT last Friday. The OFT has until February 2 to consider the regulatory implications. A merged Abbey and Lloyds would […]

RJ Temple buys up Essex firm

National IFA RJ Temple has bought Maureen Watson Financial Advisers, based in Loughton, Essex. The firm will be fully absorbed by RJ Temple and will trade under its brand name.

Broadband leaders

The two most common complaints I hear from IFAs about online services are that they are slow and phone charges can make them expensive. Both are valid criticisms. It is not without reason that all too often the internet is referred to as the World Wide Wait. Equally, the historical practice of charging for local […]

When cash cows come home

Last week, we looked at the decision in the divorce case T v T and highlighted the way in which this case confirmed the almost universally held practice among divorce lawyers and judges in the UK for the financial settlement to be based on attempting to answer the (financially) disadvantaged needs rather than compensating them […]


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