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FSCS declares 43 firms in default

The FSCS has declared 43 firms in default. The list of firms, available on the FSCS website at www.fscs.org.uk , includes Worcester based John Coverdale Associates, Stafford-based P D C Insurance Services and Kent-based Alder Broker Group.

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Online training for pension trustees

The Pensions Regulator is developing a free e-learning programme for pension trustees. The programme is available on the regulator’s website and will form the basis of a voluntary qualification for trustees to be launched by the Pensions Management Institute in April. The first tranche will be available in January and will cover units one and […]

Commercial property on the up

The UK commercial property investment market is in robust health and with the exception of some sectors of the retail market, such as high-street shops, the outlook is good.

Industry criticises 4m stakeholder drive

Scottish Life head of pension strategy Steve Bee criticises the amount that the Government is spending to promote stakeholder when he says it is unsuitable for millions of people. Bee says it is crucial to get the public to save more but claims it is foolish to pretend that pouring money into this sort of […]

Knight leaves Morgan Stanley

Charles Knight has left Morgan Stanley where he was a non-executive director, after facing pressure from the board over his earlier opposition to the appointment of chief executive John Mack.

US equities: opportunities for short sellers expand

Optimism is as American as baseball and apple pie. And since the financial crisis, being optimistic about US equities has paid off: they have outperformed every other major developed market by a comfortable margin. Yet while there remain plenty of good reasons to be optimistic about US equities, Stephen Moore, manager of the Artemis US […]

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