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Improve scrutiny of life mutuals- Myners

The Myners review of the governance of mutual life offices includes recommendations that aim to enable external monitors to scrutinise life mutuals more closely and promote better internal scrutiny of management by firm’s boards as well as the role of the FSA.
Report author Paul Myners says: “I am not recommending legislation, as the issues identified do not warrant it. I expect the recommendations in the report to be taken forward by life mutuals and their trade bodies, supported by FSA supervision.”



Tiner calls for insurance reformFSA chief executive John Tiner is calling for reform in the insurance industry, warning that unless brokers and insurers change their practices, they face enforced change. Speaking in New York, Tiner hit out at the handling of commercial insurance contracts, telling his audience that the FSA wants to see the end […]

Rosenberg gets Skandia mandate

Skandia Investment Manage-ment has replaced ING with Axa Rosenberg Investment Management on the 60m European equities mandate for its multi-manager range.

Glass act

PR to avoid having lunch with if you have afternoon deadlines. A dead heat between Pippa “let me wash that glass out with Champagne for you” Russell of Selestia and free-lance PR goddess Angela “Would you like a glass of wine or a G&T?” “Actually, I’ll have a bottle of gin and a bottle of […]


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