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FSA bans Atom Associates chief

The FSA has banned Atom Associates director Ayodele Olubunmi Thomas for submitting inflated income information to obtain mortgages and loan advances.

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Bupa reduces IP rates

Bupa Individual Protection is reducing the guaranteed rates on its income protection product by more than 10 per cent.

ABI back to drawing board on TPD plans

The Association of British Insurers is likely to hold another consultation on its proposals to scrap total permanent disability from critical-illness policies after negative feedback. Plans to replace TPD with a set of new definitions as part of the ABI’s statement of best practice for CI have come under fire from members, including Munich Re […]

Ex-Skandia chief joins Cofunds

Former Skandia UK business unit head of finance Mark Williams is joining Cofunds as its new finance director. MoneyMarketing.co.uk revealed this week that Williams will be replacing finance director Andrew Harris, who is leaving along with co-founder Andy Creak. Mark Williams left Skandia in August 2008 following a reshuffle of its wealth management unit, which […]

Looking for dividends

Annie Shaw assesses the difficulties of seeking income at a time that dividend-payers are cutting their payments but reports that a revival could be in sight

Artemis Global Income: Making sense of global markets

The rally in cyclical ‘value’ stocks paused for breath in February, as investors took a more cautious tone and switched their attention back to defensive areas. In this article, Jacob de Tusch-Lec, manager of the Artemis Global Income Fund, explains how he has positioned the portfolio, given the many economic, geopolitical and policy risks that […]

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