Building Societies’ Association press and public affairs officer Rachel Le Brocq was absolutely devastated when the BSA moved offices, losing all her pictures of David Hasselhoff in the process, a colleague reveals.But who should ride to the rescue? Ex-MM and Money Mail hack James Coney – head and sole member of the Journalists’ Hasselhoff Appreciation Society – who supplied her with hundreds of pictures of The Hoff to replenish her office pinboard. Le Brocq has recovered from her shock and is being comforted by her Hasselhoff pics.
The Derbyshire (Isle of Man) is launching an interest accumulator account for British residents looking to move away.The account has been designed for clients expecting their UK taxation obligations to change at a future date, as a result of moving to Europe, offering control over the date which interest is payable, therefore when tax liability […]
July’s inflation figures hardly supported the MPC’s decision to cut interest rates. The consumer price index hit an all-time high, with higher fuel costs are feeding through into the shopping basket.
Skandia has written down a further 86m in goodwill against loss-making Bankhall, prompting speculation it is preparing to sell the business.Skandia, in its half-yearly report, says Bankhall’s earnings deteriorated during Q2 last year, announcing that the firm reported a loss of 1.36m for the first half of the year excluding goodwill charges. The report states […]
Oceanic Asset Management
ACDS Australian Natural Resources Fund
By Rob Burnett, Neptune European Opportunities Fund
In recent months, investors have become more pessimistic about both the European and the US economic outlook and yet stockmarkets have pushed on to new highs. Some would argue that this is a worrying divergence. We would take the opposite view. This appears to be classic bull market behaviour. A wall of worry has been rebuilt, and stockmarket resilience should be taken as a sign of strength. The market is discounting an improving economic outlook ahead, particularly in the south of Europe.
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Three advice firms have stopped giving pension transfer advice following work by the FCA over the future of the British Steel Pension Scheme. A statement this afternoon details the FCA’s “information gathering exercise” to identify the firms that have been most active in advising people to transfer out of the scheme. The regulator got information from […]
The FCA has launched a consultation on its approach to authorisation and competition, which will be open to responses until March next year. Following the launch of the FCA’s mission in April, the approach documents are the second and third in a series of papers explaining how the watchdog tackles regulation. The first document, the […]