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Henderson sets up growth fund

Henderson Global Investors is to launch a growth and income to be run by Graham Kitchen and Andy Jones when they join the firm in October. Kitchen was recruited from Threadneedle while Jones runs Invesco Perpetual’s income and growth fund.

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Axa buys Framlington

Axa has confirmed market speculation and is to buy Framlington from HSBC for 174m over net asset value at the time of completion, subject to FSA approval. Money Marketing reported earlier this month that Axa felt Framlington would be a good strategic fit but negotiations were thought to centre on the veto of Framlington’s key […]

Standard Life highlighting male cancer rates

Standard Life is releasing its claims statistics for testicular and prostate cancer to raise awareness of the diseases. Testicular cancer is the most common form of cancer for men and accounted for 23 per cent of all male cancer claims at Standard Life in 2004. The insurer paid out 1.5m on 17 claims, with one […]

Lawson and Ritchie lock horns in churning row

Standard Life’s John Lawson has accused Stewart Ritchie of encouraging churning through his promoting of pension transfers into section 32 contracts. Standard marketing tech-nical manager Lawson says ScotEq pensions development director Ritchie and rivals Scottish Widows are overplay- ing the effect of the A-Day regulatory changes to advisers when recommending switching clients out of executive […]

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