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Friends Provident International streamlines operations

Friends Provident International is integrating its sales administration, product development and marketing functions to strengthen its presence in overseas markets.

It is appointing Adrian Nurse as director, Chris Bridge as head of international business services and administration and Richard Duxbury as head of international sales.

It is also appointing Rob Maxwell as manager of international marketing and Richard Male as manager of international administration.


Venture capitalists give warm welcome to Budget

The British Venture Capital Association has given a rousing welcome to the Budget which it says has implemented many of its own pre-budget recommendations.BVCA taxation committee chair Jonathan Clarke says: &#34The BVCA is delighted that the Budget has focused on risk takers with the new Enterprise Management Equity Incentives. This was the key focus of […]

FSA says most firms reaching Y2K compliance standards

The Financial Services Authority says most financial groups are Millennium compliant.FSA financial supervision managing director Michael Foot says: &#34For high impact groups, where problems could have a big effect on retail customers or the markets, our assessment shows around 58 per cent are on track for Year 2000 compliance.&#34Thirty-five per cent are behind but likely […]

Staffordshire launches savings accounts

Staffordshire Building Society is launching two savings products.Monthly Saver has an interest rate of 5 per cent and allows investors to save between £10 and £250 a month without a without a commitment to pay every month.Fixed term bonds will be available with terms of 1, 2 or 3 years at 5.35 per cent, 5.75 […]

Birmingham Midshires takeover gets final go-ahead

Birmingham Midshires Building Society takeover by Halifax has been given the go-ahead by the Building Societies Commission.According to the Society&#39s public relations manager Lee Smith, it is now full steam ahead to the official takeover on April 19.The Society is set to retain its own products and the Birmingham Midshires brand name. It will also […]


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