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IFAs say merger makes sense

IFAs have welcomed the merger between Isis and F&C, saying it will create a strong group better able to leverage increased resources.
Hargreaves Lansdown says the move makes sense for Isis in particular, as he believes F&C has a much stronger brand. Chelsea Financial Services agrees but says it is a “shame” that Isis has spent so much money building its name only to see it scrapped within two years.
Bestinvest also believes the merger makes sense, saying it is two similarly-sized companies coming together to create a top five player in the UK market.
HL investment manager Ben Yearsley says: “It has come out of the blue but F&C has a much better known name. Isis has spent a lot of money but it makes better sense for it to adopt the stronger brand.”


Kelly tells product providers that cap cash is meant to pay for advice

The Treasury has pledged to review the 1.5 per cent price cap after three years to ensure that product providers are using the rise to pay for advice. Speaking at a Treasury select committee meeting on Monday, Treasury financial secretary Ruth Kelly told MPs that providers should be using the 0.5 per cent increase in […]

DWP calls for advice in workplace where there is no pension

All employees should be given access to advice on pensions if no pension contribution is offered says secretary of state for works and pensions Andrew Smith. Launching a new pensions information pack for employers, Smith said the DWP had launched a pilot with six IFAs offering advice to employees who are not offered a contribution […]

New appointment at Homeloan Management Ltd

Homeloan Management Limited has appointed Andrew Duff to be Director of Irish Operations, based at the company&#39s new offices on the Ulster Science and Technology Park in Derry. Duff was previously with Capita Group Plc where he was responsible for business outsourcing contracts for a range of organisations such as the BBC, Abbey National and […]

FSA in pledge to keep its ear to the ground

The FSA has admitted that it will not improve its record on identifying risk unless it forges closer contacts with the industry and users of the fund management sector. Speaking at the FSA&#39s unit trusts and Oeics conference this week, asset management sector leader Dan Waters said he is “very clear” that the regulator needs […]

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White paper — Singapore International Insights

Jelf Employee Benefits assesses key trends within the international private medical insurance provision of organisations with employees in Singapore. Benefit structure, cost management and healthcare facilities are examined and key considerations are highlighted. This edition will be of particular interest to global human resource directors and benefit managers with local and expatriate populations in Singapore.


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