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Gavin Stewart goes to Britannic Asset Management

Britannic Asset Management has appointed Gavin Stewart as chief operating officer. He will take up the role in January and will be responsible for finance, legal, IT, corporate development, investment trusts and product development. Stewart was formerly group development director at Aegon.


Moody&#39s says oultook is stable for UK mortgage lenders

Moody&#39s Investor Service says UK mortgage lenders retain stable rating outlooks and are unlikely to undergo downgrades as long as economic and monetary conditions remain benign. According to its report on the market out this week the stable rating outlook is reinforced by the greater structural strength of mortgage lenders compared with a decade ago […]

Misys to outsource compliance to India

Misys IFA Services is outsourcing compliance and monitoring services for the 7,000 members of its five networks to New Delhi in India.It says a new quality assurance centre in the Indian capital will let it increase the services it provides to IFAs while controlling costs.The initiative is part of a five-year $10m agreement with Indian […]

Threadneedle fuses bonds with equities

THREADNEEDLE DEFENSIVE BOND AND EQUITY FUND Type: Unit trust Aim: Growth and income by investing in Threadneedle funds Minimum investment: Lump sum £2,000 Investment split: Bonds 75%, equities 25% Yield: 4.27% Isa link: Yes Pep transfers: Yes Charges: Initial 3.75%, annual 0.25% Commission: Initial 3%, renewal 0.5% Tel: 0800 06840005 The panel: Bruce Bulgin, partner, […]

Correspondent&#39s week

I drift into consciousness to the strains of Bridge Over Troubled Waters.It is still dark so it must be a weekday – it is, it is Monday.Within minutes, I am rehearsing my speech for the Women&#39s IFA Group Award dinner. I say speech but the four other finalists and I have been asked to speak […]


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