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ICS allows clients of 10 firms to apply for compensation

The Investors Compensation Scheme is opening the way for customers of ten former investment firms to lodge formal applications for compensation.


The ten firms are Camlace Limited, Errolgrange Insurance Mortgage Brokers Limited, Hedley Davies Limited, Tony Morris, Bryan D. Morris, Mortgage Plus, Eric Caley Financial Services, Nidderdale Financial Services, Rowan Financial Management and T. Arnold Life & Pensions.

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Analysts urge companies to consider share buyback schemes

Analysts are urging companies to consider share buyback schemes as a means of raising capital in the wake of the economic downturn.They are forecasting that the total of British share repurchase programmes could be worth £15bn by the end of 1998.This figure represents a 275 per cent increase from last year.High profile companies such as […]

CIFA appoints two new directors to raise profile

The Corporation of Insurance and Financial Advisers has appointed two new directors with the job of raising the trade association&#39s profile in the financial services industry.The Mortgage Operation marketing director Frank Butler and Bankhall Investment Associates group sales manager Arnold Laing will each bring more than 25 years of industry experience to CIFA.Butler says: &#34I […]

SLOC makes three officer appointments

Sun Life of Canada is making three officer appointments which will be effective from the new year.Tricia Jones has been recruited from Swiss Life to be group insurance administration director.John Chatterton will be senior financial actuary after eight years at Axa Equity & Law.Ken May formerly of the Legal & General Group has been appointed […]

CMG launches business administration system for IFAs

CMG the European IT services group says it is launching a business administration system to strengthen its presence in the IFA marketplace.It says its iFRAME Consultor system will provide IFAs with complete control over the whole business cycle and administration process.It says it is aiming to add its Electronic Data Interchange to the Consultor package […]

India: are further rate cuts on the horizon?

By Kunal Desai, head of Indian Equities, Neptune Kunal Desai, manager of the Neptune India Fund, discusses the key drivers of the Indian market’s outperformance and why he expects another rate cut, which will likely further support equities.  Read more here Important Information Investment risks The Neptune India Fund may have a high volatility rating […]

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