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Insight integrates equity teams

Insight has announced it is in merging its Asian, Japanese and US equity capabilities into one integrated equity team, headed by David Marchant. The equity capability will be split into four units – UK, European, international equities and research.

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FSA halts split-cap talks

The FSA has broken off discussions over split-cap compensation after providers offered a fraction of the amount it sought. The FSA, which began preliminary talks with 21 providers three months ago, believes £350m represents an acceptable sum of compensation for the thousands of investors in collapsed split-caps. But providers yet to enter its mediation process […]

Revenue is wrong on Sipps, says Nat Savings

National Savings and Investments has warned advisers that the current regulations relating to self-invested personal pensions do not allow pension schemes to invest in the NS&I guaranteed equity bond despite Inland Revenue advice to the contrary. Until advised otherwise by the Revenue, IFAs will not be able to buy future issues of National Savings bonds, […]

New chief executive for the Financial Services Skills Council

The Financial Services Skills Council has appointed Teresa Sayers as its new chief executive. Sayers has been working as managing director for the FSSC since 2003 and was instrumental in the council being awarded its license from the government. The FSSC is now licensed to work in partnership with employers and trade unions to provide […]

Mackie&#39s blind ambition

The prospect of an IFA strapped and blindfolded to a high-speed vehicle hurtling into the never-never may make some chortle but MR Financial Services director Andrew Mackie is doing just that to beat the blindfolded land speed world record – currently at 144.7mph – and raise money for charity British Blind Sport. Mackie, more used […]

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