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Horlick becomes SGAM chief executive

Star fund manager Nicola Horlick is to become chief executive of SG Asset Management, the group she co-founded in 1998.

Horlick has been joint managing director alongside John Richards and succeeds Keith Percy as chief executive.

Percy is to become executive chairman while Richards will focus on portfolio management and asset allocation.

Horlick will retain her role as head of equities and continue to manage the UK income fund.


Search to find top woman IFA

The Women&#39s IFA Group is launching a search for the outstanding woman IFA in the UK.The competition will be judged in several rounds over the next six months and the winner will be announced in November at a dinner for 250 people in London.The winner will have to demonstrate applied technical knowledge as well as […]

Who wants to be a with-profits investor?, ask psychologists

Psychologists claim the reluctance of many gameshow contestants to take a gamble provides a clue to why with-profits products appeal to consumers.According to behavioural psychology research commissioned by CIS, investors and contestants on shows such as Who Wants to Be A Millionaire? are generally risk-averse. The research found the impact of a loss on an […]

Norwich and Peterborough – Two Year Fixed Rate Bond

Wednesday, May 8, 2002Type: High interest accountMinimum-maximum investment: £1,000-£500,000Interest rates: 5% gross a year, 4.89% gross a monthTerm: Two yearsOffer period: Until further noticeWithdrawal penalties: No penalty provided £1,000 remains in thebond. Otherwise 120 days’ loss of interest on amountwithdrawnTel: 0845 3002511

Complaints over pensions reach record volume

Pension complaints have hit record levels, rising by more than a quarter in the past year, according to figures from the Pensions Advisory Service.In the year ending March 31, Opas dealt with 46,290 pension enquiries and complaints. This was a 27 per cent increase on last year and marks the biggest caseload for Opas in […]

Life cover for life

When someone mentions whole of life plans, most people will think of a niche product that serves as an inheritance tax planning tool for high-net-worth clients. And it’s really not surprising they’ve been pigeonholed in that waybecause before the arrival of RDR in 2013, that’s more or less exactly what they were. For advisers thinking […]


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