IFA Pam Warren was named Woman of the Year this week in recognition of her work in pushing for improvements in rail safety. Warren, who formerly ran her own pension advice company, received the award after suffering severe burns in the Paddington rail crash two years ago and undergoing 22 operations to her face. She said she accepted the award on behalf of the Paddington Survivors Group, the organisation she helped set up to fight for improvements in rail safety after the crash.
I am a director and shareholder in a family business. Myself, my wife, my brother and his wife are members of a small self-administered pension scheme. We are all in our mid to late 50s. Consequently, retirement planning is high in our priorities.We have all been advised that it would be in our interests to […]
HSBC Merrill Lynch is axing an undisclosed number of jobs from its UK wealth management venture, blaming the downturn in the world economy.The HSBC Merrill Lynch Integrated Direct Investment and Banking Service, focusing on high-net-worth individuals, went live in April but is understood to have suffered badly after the US terrorist attacks of September 11.It […]
Axa has appointed a former Gartmore chief executive David Watts as a non-executive director to its UK board.Watts was joint chief executive and chief investment officer for Gartmore until his retirement in 1999. He is also a director of Fleming Income and Growth investment trust. David Nash, who became a non-executive director of Axa UK […]
Abbey National, the UK's second-biggest mortgage lender, has signed an agreement to become the official bank in a regional version of the Monopoly board game.Abbey's logo is set to appear on the boards and banknotes used in 13 regional editions of Monopoly – based on towns, cities and regions across the UK – after securing […]
The manager of the Artemis Strategic Assets Fund explains why he is holding onto his (expensive) bond shorts and unusually is keen to buy equities.
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It is encouraging to see the FCA close in on lazy fund management, but more needs to be done Without fanfare, the FCA has confirmed its intention to punish lazy fund management. Several groups have been persuaded into voluntarily compensating investors who bought their beta-posing-as-alpha products, otherwise known as closet trackers. The regulator suggests that […]
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